Strategic short termism as an issue of top-teams’ temporal orientation
Kabanoff, Boris & Keegan, Jack (2009) Strategic short termism as an issue of top-teams’ temporal orientation. In Proceedings of the 2009 Academy of Management Annual Meeting - Green Management Matters, Chicago, Illinois.
Short-termism among firms, the tendency to excessively discount long-term benefits and favour less valuable short-term benefits, has been a prominent issue in business and public policy debates but research to date has been inconclusive. We study how managers frame, interpret, and resolve problems of intertemporal choice in actual decisions by using computer aided text analysis to measure the frequency of top-team temporal references in 1653 listed Australian firms between 1992-2005. Contrary to short-termism arguments we find evidence of a significant general increase in Future orientation and a significant decrease in Current/Past orientation. We also show top-teams’ temporal orientation is related to their strategic orientation, specifically the extent to which they focus on Innovation-Expansion and Capacity Building.
Impact and interest:
Citation counts are sourced monthly from and citation databases.
Citations counts from theindexing service can be viewed at the linked Google Scholar™ search.
|Item Type:||Conference Paper|
|Keywords:||Temporal Orientation, , , ., Short-termism, Strategic Cognition, Naïve Bayesian Classification|
|Subjects:||Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > Organisational Behaviour (150311)|
|Divisions:||Current > Research Centres > Australian Centre for Business Research
Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Management
|Copyright Owner:||Copyright 2009 The Academy of Management.|
|Deposited On:||01 Dec 2009 01:56|
|Last Modified:||05 Jan 2011 13:55|
Repository Staff Only: item control page