{"id":5359,"date":"2023-12-25T15:03:00","date_gmt":"2023-12-25T13:03:00","guid":{"rendered":"https:\/\/nti.ukrintei.ua\/?page_id=5359"},"modified":"2026-04-02T16:12:29","modified_gmt":"2026-04-02T13:12:29","slug":"science-technologies-innovations-%e2%84%96428-2023-45-49-%d1%80","status":"publish","type":"page","link":"https:\/\/nti.ukrintei.ua\/?page_id=5359&lang=en","title":{"rendered":"Science, Technologies, Innovations \u21164(28) 2023, 45-49 \u0440"},"content":{"rendered":"<p><a href=\"http:\/\/nti.ukrintei.ua\/wp-content\/uploads\/2024\/12\/\u0406\u044f\u043e_4-2023.pdf\"><img loading=\"lazy\" class=\"alignnone wp-image-359 size-full\" src=\"http:\/\/nti.ukrintei.ua\/wp-content\/uploads\/2018\/05\/pdf-icon.png\" alt=\"\" width=\"32\" height=\"32\" \/><\/a>\u00a0<a href=\"http:\/\/nti.ukrintei.ua\/wp-content\/uploads\/2024\/12\/\u0406\u044f\u043e_4-2023.pdf\">PDF<\/a><\/p>\n<p><strong>Li Yiyao<\/strong> \u2014 Student, Dongbei University of Economics and Finance, Str. Heishijiao, Dalian City, Liaoning Province, China; +86 15040274243; kesong_2021@qq.com<\/p>\n<p><strong>Chen Yuan<\/strong> \u2014 Associate Professor, Shenyang Ligong University, 6, Nanping Ave, Hunnan District, Shenyang City, Liaoning Province, China; 738236187@qq.com<\/p>\n<p><strong>STUDY OF EXCESSIVE INVESTMENTS: CONCEPTS AND MOTIVATIONS<\/strong><\/p>\n<p><strong>Abstract.<\/strong> Investments in the economy contribute to productivity growth; however, excessive zeal among investors can lead to overinvestment. This article explores the concept and causes of overinvestment. The motivation for overinvestment encompasses a combination of factors: the deviation of managers from owners\u2019 goals, information asymmetry, non-standardized corporate governance structures, as well as managerial characteristics and cognitive biases. Resolving these issues is crucial for mitigating the consequences of excessive investments and ensuring a more efficient allocation of resources within companies.<\/p>\n<p><strong>Keywords:<\/strong> excessive investments, motivation for excessive investments, corporate governance structure.<\/p>\n<p><strong>REFERENCES<\/strong><\/p>\n<ol>\n<li>Li, Lizhun, Ma, Cyaomei, &amp; Gao, Taoli. (2010). Analysis of Constraints on Excessive Investment of Listed Companies. <em>Management Scientifics. 6<\/em>, 37\u201343.<\/li>\n<li>Li, Feng. (2011). Changes in the Operational Efficiency of Listed Companies after the Reform of Share Capital: Structural Differences and Identification Signals. <em>Accounting Communications. 2,<\/em> 33\u201334.<\/li>\n<li>Sun, Xiaolin. (2010). Empirical Study on the Impact of Ultimate Controlling Shareholders on Investments in Listed Companies. <em>Journal of Shanxi University of Finance and Economics. 06<\/em>, 85\u201392.<\/li>\n<li>Terry, Chan. (2013). Excessive Investments: Risks to Economies. <em>RCBK<\/em><em>,<\/em><em> 6<\/em><em>,<\/em> 12. Access mode: <strong><a href=\"http:\/\/review.cbonds.info\/article\/magazines\/3041\/\">http:\/\/review.cbonds.info\/article\/magazines\/3041\/<\/a><\/strong><strong>.<\/strong><\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0PDF Li Yiyao \u2014 Student, Dongbei University of Economics and Finance, Str. Heishijiao, Dalian City, Liaoning Province, China; +86 15040274243; kesong_2021@qq.com Chen Yuan \u2014 Associate Professor, Shenyang Ligong University, 6, Nanping Ave, Hunnan District, Shenyang City, Liaoning Province, China; 738236187@qq.com STUDY OF EXCESSIVE INVESTMENTS: CONCEPTS AND MOTIVATIONS Abstract. Investments in the economy contribute to productivity &hellip; <\/p>\n<p><a class=\"more-link btn\" href=\"https:\/\/nti.ukrintei.ua\/?page_id=5359&#038;lang=en\">Continue reading<\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/nti.ukrintei.ua\/index.php?rest_route=\/wp\/v2\/pages\/5359"}],"collection":[{"href":"https:\/\/nti.ukrintei.ua\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/nti.ukrintei.ua\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/nti.ukrintei.ua\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/nti.ukrintei.ua\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5359"}],"version-history":[{"count":5,"href":"https:\/\/nti.ukrintei.ua\/index.php?rest_route=\/wp\/v2\/pages\/5359\/revisions"}],"predecessor-version":[{"id":7730,"href":"https:\/\/nti.ukrintei.ua\/index.php?rest_route=\/wp\/v2\/pages\/5359\/revisions\/7730"}],"wp:attachment":[{"href":"https:\/\/nti.ukrintei.ua\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5359"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}