Ho, Joanna; Keller, L.; Keltyka, Pamela - In: Journal of Risk and Uncertainty 31 (2005) 2, pp. 163-186
-serving bias in good times or their firm-value maximization tendency in bad times. Interestingly, we also observed managers’ use of … number of managers switched to the self-serving option in good times (the gain condition) but stayed with firm-value … maximization in bad times (the loss condition). In Experiment Two, the information was presented simultaneously in the presence and …