Cognitive antecedents of family business bias in investment decisions: A commentary on 'Risky decisions and the family firm bias: An experimental study based on prospect theory

• Main Authors: FANG, H., SIAU, Keng, MEMILI, E., DOU, J.
• 格式: text
• 語言: English
• 出版: Institutional Knowledge at Singapore Management University 2018
• 主題: family business; cognitive bias; Databases and Information Systems; Management Information Systems
• 在線閱讀: https://ink.library.smu.edu.sg/sis_research/9367; https://ink.library.smu.edu.sg/context/sis_research/article/10367/viewcontent/fang_et_al_2018_cognitive_antecedents_of_family_business_bias_in_investment_decisions_a_commentary_on_risky_decisions.pdf
• 機構: Singapore Management University

Lude and Prügl explored “family business bias,” a cognitive tendency where the family nature of a firm can often reduce investors’ perceived risk in investments. As a result, investors would display lower risk-avoidance in the gain domain and reinforced risk-seeking in the loss domain. We expanded t...