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Young Kyun Chang on Muck Rack

Young Kyun Chang

As seen in: MDPI
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What’s inside the Mind of a CEO? The Effects of Discretionary Slack Resources on R&D Investment

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By Seunghye Lee, Won-Yong Oh, Young Kyun, Young Kyun Chang
| MDPI
3.2. The Moderating Role of a CEO’s Cognition As described above, discretionary slack alone does not fully explain what determines the level of a firm’s R&D investment. Rather, the effects of slack on a firm’s R&D investments, especially when managers have a high level of discretion over slack, vary according to the decision makers’ cognitive mindsets.
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