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10 Cognitive Biases That Can Lead to Bad Decisions

See on Scoop.itBounded Rationality and Beyond

Because CFOs are not actually superhuman, but just people like everyone else, they too are subject to a 
lengthy list of cognitive biases that influence our decisions and actions. In the corporate finance context, these biases, if unchecked, can have devastating consequences for company performance. Finance executives steered by unbridled cognitive biases are less likely to meet their financial commitments, saysThomas Conine, a finance professor at Fairfield University and president of TRI Corp., which helps large companies execute financial-education and leadership-development programs

See on ww2.cfo.com



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