Trust, Faith

A Sufi was once engaged in prayer, when his cell caught fire. He did not stop praying for one moment. Afterwards, people asked him about this. He replied: The divine fire held my attention, so I could not attend to the fire in my cell.

- Qushayri, "Risalah

Optimism negatively affects a firm's performance

Surprisingly, this paper found that optimism negatively affects a firm's performance...

Abstract:

"This study explores the effects of top managers' dispositional optimism on firm behavior and performance, and more specifically, the relationship between top managers' optimism and firm problem recognition, firm problem solving actions and firm performance. To test these hypotheses, surveys and other data from a strategy simulation game were analyzed. Results indicate that top managers' optimism positively influences problem recognition and problem solving actions, but unexpectedly, negatively influences firm performance."
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