Why Do Firms Use High Discount Rates

By Ravi Jagannathan, David A. Matsa, Iwan Meier, V. Tarhan. 2016

112 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/846f34a59575b98864e208e110cfd2fa2e9112ad

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. Todd A. Gormley
2. David A. Matsa
3. Erik P. Gilje
4. Adrien Matray
5. Caroline Flammer
6. Jennifer Brown
7. Sirui Yin
8. Xiaoran Ni

In Strategy and Management

1. David A. Matsa
2. Todd A. Gormley
3. Caroline Flammer

Citations in the corpus

• Playing It Safe? Managerial Preferences, Risk, and Agency Conflicts (2016, background): “incentives to play it safe, they can also help prevent other agency problems by eliciting managerial effort (Jensen, 1986). Indeed, Bertrand and Mullainathan (2003) and others have shown that many managers reduce effort and “enjoy the quiet life” after a BC law is adopted.”