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California Management Review
California Management Review is a premier academic management journal published at UC Berkeley
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Article Information
Counter Evidence on Managements' Investment Myopia
Logue, Dennis E.
28
/
1
(
Fall
1985
):
169
-
178
Contentions that American managers are too myopic are, in a word, wrong. While some managers very probably behave as if only tomorrow matters, the preponderance of evidence shows this to be untrue. Data on real investment activity, start-up financing, and the competitive position of the U.S. in high value-added products all confirm that U.S. managements are collectively not short-sighted.