Document Type : Research Paper

Authors

• Ehsan Shahriari ¹
• Davood Yousofvand ²
• Hoshang Amiri ³
• Mohammad Khodamoradi ⁴

¹ Department of Accounting, Khoramshahr International Branch, Islamic Azad University, Khoramshahr, Iran

² Department of Accounting, Parandak University, Tehran, Iran

³ Department of Accounting, Abadan Branch, Islamic Azad University, Abadan, Iran.

⁴ Department of Mathematics and Statistics, Izeh Branch, Islamic Azad University, Izeh, Iran

Abstract

Strategic planning provides a tool for organizations to follow the development and implementation of strategy in different aspects of the organization and manage their strategic performance. It is always possible to prepare and choose a suitable strategy by planning the strategy, evaluating the organization's environmental conditions and internal capabilities (weaknesses and strengths), and considering the organizational values. Competitive strategies determine the performance orientation of managers to defeat powerful competitors in international markets. This research investigates the phenomenon of myopia in the capital market and companies' strategies. The final sample of the research was selected using the systematic elimination sampling method (screening) over ten years from 2013 to 2021. The research hypotheses were investigated using ordinal logistic regression tests. The results showed an influence mechanism between the myopia phenomenon in the capital market and the company's strategy in the studied sample.

Keywords

• myopia
• capital
• market
• corporate
• strategy