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Author:Chow, C.
Title:Escalating commitment to unprofitable projects: replication and cross-cultural extension
Journal:Management Accounting Research
1997 : VOL. 8:3, p. 347-362
Index terms:PROFIT
PROJECTS
CULTURE
Language:eng
Abstract:In the current era of intensifying competition and globalization, two increasingly important management issues are how to ensure timely responses to threats and opportunities, and whether management practices need to be modified for application in diverse national settings. This study contributes insights into both questions by testing the effects of three factors: initial responsibility, the way in which economic information is framed, and national culture, on people's choice between continuance and abandonment of unprofitable projects.
SCIMA record nr: 165362
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