The effects of hurdle rates on the level of escalation of commitment in capital budgeting

Authors :: Cheng, Mandy M.
Schulz, Axel K-D.
Luckett, Peter F.
Booth, Peter
Source :: Behavioral Research in Accounting. Annual 2003, p63, 23 p.
Publication Year :: 2003
Abstract: ABSTRACT This study proposes that organizations should consider project hurdle rates, as part of their control system design, to reduce escalation of commitment behavior in managers. In particular, we empirically [...]

Subjects :: Goal setting -- Research -- Psychological aspects
Managers -- Behavior
Decision-making -- Research -- Psychological aspects
Capital budgets -- Management -- Psychological aspects -- Research
Organizational behavior -- Research -- Psychological aspects
Commitment (Psychology) -- Research -- Psychological aspects
Banking, finance and accounting industries
Business
Psychology and mental health
Social sciences
Company business management
Management
Psychological aspects
Research
Behavior

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