20.500.12556/RUL-134964 Can process accountability mitigate myopic biases? an experimental analysis This paper examines the impact of process accountability on two biases causing myopic or short-sighted decision making. These biases are strong preferences for immediate and certain outcomes known as delay and risk aversion. We hypothe- size that accountability alone is insufficient to undo the biases, but if coupled with a cue on subjective discount rates, it will attenuate biases. To analyze our research question, we used a within- and between-subjects experimental design (two account- ability conditions compared with a non-accountability condition and with each other) with delay and probability discounting choice tasks involving 118 students of accounting, finance and management in an online experiment. In line with our hypotheses, we find that process accountability successfully reduces excessive delay and risk aversion only if it provides a cue about the subjective discount rate. We dis- cuss the implications of our findings for management control. enterprises management accounting analysis process accountability justification pressure cognitive bias myopic decision-making delay aversion risk aversion time preference podjetje managemant računovodstvo analiza true false true Angleški jezik Slovenski jezik Članek v reviji 2022-02-14 10:22:22 2022-02-14 11:37:02 2022-09-14 04:10:55 0000-00-00 00:00:00 2022 0 0 [in press] 2022 0000-00-00 Zaloznikova VTisku NiDoloceno 0000-00-00 0000-00-00 0000-00-00 657 2191-4761 10.1007/s00187-021-00330-7 91692547 RAZ_Licen_Mina_2022.pdf RAZ_Licen_Mina_2022.pdf 1 8282E6914AB3F8C8DC066A113075A535 4251aabd92c5df4b31ab482253c3a07683b6ba84b0a7ed00002bf8799bcd3d42 ad97ef73-8d81-11ec-abdb-00155dcfd717 https://repozitorij.uni-lj.si/Dokument.php?lang=slv&id=153740 https://link.springer.com/article/10.1007/s00187-021-00330-7 0 b57dec57-8d81-11ec-abdb-00155dcfd717 https://repozitorij.uni-lj.si/Dokument.php?lang=slv&id=153741 Ekonomska fakulteta 0 0 0