{"id":"https://openalex.org/W2185231949","doi":null,"title":"Language and Corporate Decision-Making","display_name":"Language and Corporate Decision-Making","publication_year":2014,"publication_date":"2014-01-01","ids":{"openalex":"https://openalex.org/W2185231949","mag":"2185231949"},"language":"en","primary_location":{"id":"mag:2185231949","doi":null,"is_oa":false,"landing_page_url":"https://www.bus.miami.edu/_assets/files/faculty-and-research/conferences-and-seminars/finance-seminars/Cronqvist%20Paper.pdf","pdf_url":null,"source":null,"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":null},"volume":null,"type":"article","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5101499111","display_name":"Shimin Chen","orcid":"https://orcid.org/0000-0002-6231-8976","observed_orcids":["https://orcid.org/0000-0002-6231-8976"]},"institutions":[{"id":"https://openalex.org/I64175962","display_name":"China Europe International Business School","ror":"https://ror.org/00c3bg218","country_code":"CN","type":"education","lineage":["https://openalex.org/I64175962"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Shimin Chen","raw_affiliation_strings":["China Europe International Business School"],"raw_orcid":"https://orcid.org/0000-0002-6231-8976","affiliations":[{"raw_affiliation_string":"China Europe International Business School","institution_ids":["https://openalex.org/I64175962"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5032591474","display_name":"Henrik Cronqvist","orcid":"https://orcid.org/0000-0002-3976-7642","observed_orcids":["https://orcid.org/0000-0002-3976-7642"]},"institutions":[{"id":"https://openalex.org/I64175962","display_name":"China Europe International Business School","ror":"https://ror.org/00c3bg218","country_code":"CN","type":"education","lineage":["https://openalex.org/I64175962"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Henrik Cronqvist","raw_affiliation_strings":["China Europe International Business School"],"raw_orcid":"https://orcid.org/0000-0002-3976-7642","affiliations":[{"raw_affiliation_string":"China Europe International Business School","institution_ids":["https://openalex.org/I64175962"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5004137828","display_name":"Serene Xu Ni","orcid":"https://orcid.org/0000-0002-0216-0425","observed_orcids":["https://orcid.org/0000-0002-0216-0425"]},"institutions":[{"id":"https://openalex.org/I64175962","display_name":"China Europe International Business School","ror":"https://ror.org/00c3bg218","country_code":"CN","type":"education","lineage":["https://openalex.org/I64175962"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Serene Xu Ni","raw_affiliation_strings":["China Europe International Business School"],"raw_orcid":"https://orcid.org/0000-0002-0216-0425","affiliations":[{"raw_affiliation_string":"China Europe International Business School","institution_ids":["https://openalex.org/I64175962"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5085650357","display_name":"Feida Frank Zhang","orcid":"https://orcid.org/0000-0002-1220-8824","observed_orcids":["https://orcid.org/0000-0002-1220-8824"]},"institutions":[{"id":"https://openalex.org/I176790772","display_name":"Murdoch University","ror":"https://ror.org/00r4sry34","country_code":"AU","type":"education","lineage":["https://openalex.org/I176790772"]}],"countries":["AU"],"is_corresponding":false,"raw_author_name":"Feida Zhang","raw_affiliation_strings":["Murdoch university"],"raw_orcid":"https://orcid.org/0000-0002-1220-8824","affiliations":[{"raw_affiliation_string":"Murdoch university","institution_ids":["https://openalex.org/I176790772"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.5865,"has_fulltext":false,"cited_by_count":1,"citation_normalized_percentile":{"value":0.76614472,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":94},"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.7871000170707703,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.7871000170707703,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12544","display_name":"Working Capital and Financial Performance","score":0.03319999948143959,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.01590000092983246,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/corporate-cash-holdings","display_name":"cash holdings","score":0.7570000290870667},{"id":"https://openalex.org/keywords/precautionary-motive","display_name":"precautionary motive","score":0.8109999895095825},{"id":"https://openalex.org/keywords/corporate-decision-making","display_name":"corporate decision-making","score":0.7419999837875366},{"id":"https://openalex.org/keywords/english-language","display_name":"English language","score":0.5609999895095825},{"id":"https://openalex.org/keywords/2008-financial-crisis","display_name":"2008 financial crisis","score":0.9229999780654907},{"id":"https://openalex.org/keywords/hong-kong-handover","display_name":"1997 handover","score":0.8740000128746033},{"id":"https://openalex.org/keywords/hong-kong","display_name":"Hong Kong","score":0.6470000147819519},{"id":"https://openalex.org/keywords/firm-beliefs","display_name":"firm beliefs","score":0.3869999945163727},{"id":"https://openalex.org/keywords/time-perception","display_name":"time perception","score":0.42800000309944153}],"concepts":[{"id":"https://openalex.org/C98184364","wikidata":"https://www.wikidata.org/wiki/Q1780131","display_name":"Argument (complex analysis)","level":2,"score":0.6983470916748047},{"id":"https://openalex.org/C158154518","wikidata":"https://www.wikidata.org/wiki/Q7310970","display_name":"Relevance (law)","level":2,"score":0.6237294673919678},{"id":"https://openalex.org/C2778083465","wikidata":"https://www.wikidata.org/wiki/Q693464","display_name":"Cash","level":2,"score":0.5308272242546082},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3917124271392822},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.3395557403564453},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.18129903078079224},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.16761016845703125},{"id":"https://openalex.org/C55493867","wikidata":"https://www.wikidata.org/wiki/Q7094","display_name":"Biochemistry","level":1,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C185592680","wikidata":"https://www.wikidata.org/wiki/Q2329","display_name":"Chemistry","level":0,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"mag:2185231949","doi":null,"is_oa":false,"landing_page_url":"https://www.bus.miami.edu/_assets/files/faculty-and-research/conferences-and-seminars/finance-seminars/Cronqvist%20Paper.pdf","pdf_url":null,"source":null,"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":null}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":44,"referenced_works":["https://openalex.org/W273093436","https://openalex.org/W607149979","https://openalex.org/W1501028177","https://openalex.org/W1526285778","https://openalex.org/W1634883767","https://openalex.org/W1975332658","https://openalex.org/W1978311462","https://openalex.org/W1982490440","https://openalex.org/W2000578291","https://openalex.org/W2047809774","https://openalex.org/W2058429865","https://openalex.org/W2066777296","https://openalex.org/W2067944410","https://openalex.org/W2069985282","https://openalex.org/W2095142549","https://openalex.org/W2096718584","https://openalex.org/W2101247287","https://openalex.org/W2108818539","https://openalex.org/W2127794398","https://openalex.org/W2127834198","https://openalex.org/W2140037540","https://openalex.org/W2162012454","https://openalex.org/W2170790204","https://openalex.org/W2313680597","https://openalex.org/W2488052279","https://openalex.org/W2493718614","https://openalex.org/W2752617332","https://openalex.org/W2891389313","https://openalex.org/W3121522673","https://openalex.org/W3121720731","https://openalex.org/W3121860914","https://openalex.org/W3122609859","https://openalex.org/W3122723388","https://openalex.org/W3122751847","https://openalex.org/W3123502919","https://openalex.org/W3124578327","https://openalex.org/W3124620510","https://openalex.org/W3124715153","https://openalex.org/W3124747412","https://openalex.org/W3125145429","https://openalex.org/W3125353045","https://openalex.org/W3125469707","https://openalex.org/W3125688476","https://openalex.org/W3126033883"],"related_works":["https://openalex.org/W2216389648","https://openalex.org/W3124418541","https://openalex.org/W4411340845","https://openalex.org/W7084025397","https://openalex.org/W2897306483","https://openalex.org/W4406268809","https://openalex.org/W4386714022","https://openalex.org/W4306181034","https://openalex.org/W7172445548","https://openalex.org/W4396969578"],"abstract_inverted_index":{"We":[0,39,128],"examine":[1],"if":[2],"language":[3,83,142,160,170,187],"differences":[4],"explain":[5],"heterogeneity":[6,196],"in":[7,47,81,124,144,146,158,168,197],"corporate":[8,58,198],"decision-making.":[9],"Speakers":[10],"of":[11,32,55,186,210],"strong":[12],"\\future":[13],"time":[14],"reference":[15],"(FTR)":[16],"languages":[17,34],"(e.g.,":[18,35],"English)":[19],"are":[20,37,86],"required":[21],"to":[22,73,88,97,180],"distinguish":[23],"between":[24],"the":[25,28,74,113,147,151,184,205,208],"future":[26,45,53,119],"and":[27,68,201],"present,":[29],"while":[30],"speakers":[31],"weak-FTR":[33,82,105,125,141,159],"Chinese)":[36],"not.":[38],"hy-":[40],"pothesize":[41],"that":[42,104,130,156],"speaking":[43],"about":[44,204],"events":[46,54,120],"present":[48],"tense":[49],"results":[50],"inrms":[51],"perceiving":[52],"relevance":[56],"for":[57,77,93,195],"behavior,":[59,190],"e.g.,":[60],"adverse":[61],"credit":[62],"market":[63],"conditions,":[64],"as":[65,139],"less":[66,122],"distant,":[67],"we":[69],"apply":[70],"this":[71],"argument":[72],"precautionary":[75],"motive":[76],"cash":[78,91,107,137,164,199],"policy.":[79],"Firms":[80],"coun-":[84,126],"tries":[85],"found":[87],"have":[89,162],"higher":[90,163],"holdings":[92,108,138,165],"reasons":[94],"not":[95],"attributable":[96],"industry,":[98],"\ufffdrm,":[99],"or":[100],"country":[101],"characteristics.":[102],"Wend":[103,155],"languagerms'":[106],"increased":[109,135,143],"relatively":[110],"more":[111],"post":[112,150],"2008":[114],"\ufffdnancial":[115],"crisis,":[116],"potentially":[117],"because":[118],"appear":[121],"distant":[123],"tries.":[127],"alsond":[129],"Hong":[131],"Kong":[132],"based":[133],"companies":[134],"their":[136],"a":[140,174,192],"importance":[145],"business":[148],"domain":[149],"1997":[152],"handover":[153],"event.":[154],"\ufffdrms":[157],"regions":[161,171],"than":[166],"those":[167],"strong-FTR":[169],"even":[172],"within":[173],"country.":[175],"Our":[176],"linguistics":[177],"hypothesis":[178],"adds":[179],"emerging":[181],"research":[182],"on":[183,188],"effects":[185],"economic":[189],"introduces":[191],"new":[193],"explanation":[194],"policy,":[200],"informs":[202],"researchers":[203],"mechanisms":[206],"behind":[207],"formation":[209],"beliefs":[211],"withinrms.":[212]},"counts_by_year":[{"year":2017,"cited_by_count":1}],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2016-06-24T00:00:00"}