Banking on commitment: Intended and unintended consequences of an organization's attempt to attenuate escalation of commitment

By Gerry McNamara, Henry Moon, Philip Bromiley. 2002

131 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/a86f43e37c6cac038032832962d57283f552210d

How researchers see this paper

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

In Accounting

In Finance

Citations in the corpus

Management Theory Applications of Prospect Theory: Accomplishments, Challenges, and Opportunities (2011, unknown): “areas may counterbalance risk-averse behavior in others (McNamara et al., 2002).”
CLEANING UP THE BIG MUDDY: A META-ANALYTIC REVIEW OF THE DETERMINANTS OF ESCALATION OF COMMITMENT (2012, background): “As an illustration of this in an escalation context, McNamara et al. (2002) found that bank loan officers escalated their commitment to poorly performing loans if their organization instituted changes to increase loan monitoring.”
LOOKING BACKWARD INSTEAD OF FORWARD: ASPIRATION-DRIVEN INFLUENCES ON THE EFFICIENCY OF THE CAPITAL ALLOCATION PROCESS (2013, background): “In the context of widely dispersed performance across business units, a corporate office’s attention will, in line with our backward-looking logic, therefore be drawn to negative performance discrepancies, leading it to more easily fall prey to backward-looking decision influences, including aspirat”
Throwing Good Money after Bad? Political and Institutional Influences on Sequential Decision Making in the Venture Capital Industry (2007, background): “The empirical study adds to the small body of work reporting that decision errors occur even in routine decisions, despite organizational safeguards to prevent them (Staw and Hoang, 1995; Staw, Barsade, and Koput, 1997; McNamara, Moon, and Bromiley, 2002).”
Organizational Structure, Information Processing, and Decision-Making: A Retrospective and Road Map for Research (2020, background): “For example, in a study of commercial banks, McNamara, Moon, and Bromiley (2002) found that the propensity of managers to loan money to businesses despite a negative change in their credit worthiness was attenuated, when those managers faced hierarchical evaluation of their decisions.”