| Budget Amount *help |
¥4,030,000 (Direct Cost: ¥3,100,000、Indirect Cost: ¥930,000)
Fiscal Year 2013: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000)
Fiscal Year 2012: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000)
Fiscal Year 2011: ¥1,690,000 (Direct Cost: ¥1,300,000、Indirect Cost: ¥390,000)
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| Research Abstract |
This research reviews the previous literature on myopic behavior and investigates myopic behavior. First, I find that management forecasts are one of the causes of myopic behavior. Second, I show that the tenure of Japanese firms are shorter than that of global firms. Finally, I find that firms that do not provide management forecasts tend to report net loss and that those firms' growth are lower than the firms that provide management forecasts.
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