Management Decision Making

Behavioral CorporateFinance ArXiv ID: ssrn-288257 “View on arXiv” Authors: Unknown Abstract Managers and corporate directors need to recognize two key behavioral impediments that obstruct the process of value maximization, one internal to the firm and Keywords: Value Maximization, Behavioral Impediments, Corporate Governance, Management Decision Making, Equities Complexity vs Empirical Score Math Complexity: 1.5/10 Empirical Rigor: 2.0/10 Quadrant: Philosophers Why: The paper is conceptual and descriptive, focusing on psychological biases and behavioral theory with minimal mathematical formalism or quantitative models; empirical evidence is cited anecdotally or through references without presenting backtests, datasets, or implementation-heavy analysis. flowchart TD A["Research Goal:<br>Identify behavioral impediments to value maximization"] --> B["Data Inputs:<br>Corporate governance structures & management decisions"] B --> C["Methodology:<br>Analysis of equities & behavioral finance theories"] C --> D{"Computational Process:<br>Assess impact of internal vs. external impediments"} D --> E["Key Findings:<br>Managers must overcome internal biases &<br>external governance misalignments for value maximization"]