The authors thank the editor, Suraj Srinivasan; an anonymous associate editor; two anonymous reviewers; Jeremy Douthit; Jace Garrett; Lan Guo; Yoon Hoo Kim; Christine Kuglin; Karl Schuhmacher; Junwei Xia; participants at the 2020 American Accounting Association (AAA) Spark Meeting; participants at the 2020 AAA Annual Meeting; and participants at the 2021 AAA Management Accounting Section Midyear Meeting for helpful comments and suggestions. A previous version of this manuscript titled “The Effect of Performance Measures on Risk in Capital Investment Decisions” received the Annual Meeting Management Accounting Best Paper Award at the 2020 AAA Annual Meeting.
