The Impact of Managerial Overconfidence on Expenses Classification Shifting: The Moderating Role of Comparability of Financial Statements [PDF]
Pizhūhish/hā-yi ḥisābdārī-i mālīExpenses classification shifting significantly compromises the quality of core earnings, resulting in misleading information about firms’ core and sustainable performance.
Farshid Riahi Dorcheh, Iraj Torabi
doaj +1 more source
Overconfidence Increases Productivity [PDF]
Recent studies report that productivity increases under tournament reward structures than under piece rate reward structures. We conduct maze-solving experiments under both reward structures and reveal that overconfidence is a significant factor in ...
Fumio Ohtake +3 more
core
Count on Your Subordinates: Young Managers and Innovation Efficiency [PDF]
, 2019 We investigate the relationship between executives’ horizons and firms’ innovation efficiency. Motivated by Acharya, Myers, and Rajan’s (2011, JF) theory, we devise a measure of internal governance based on the difference in expected horizons between a ...
Gao, Lei +2 more
core +1 more source
Are Entrepreneurs more Optimistic and Overconfident than Managers and Employees? [PDF]
, 2015 Empirical evidence supports the conventional wisdom that entrepreneurs are more optimistic and overconfident than others. However, the same holds true for top managers.
Koudstaal, Martin +2 more
core +1 more source
Ideology on Trial: How CEO Political Leanings Shape Firms' Propensity to Litigate Over Patents
R&D Management, EarlyView.ABSTRACT This study investigates how CEOs' political ideology affects corporate decisions to sue for patent infringement. Integrating upper‐echelons and behavioral‐agency perspectives, we theorize that conservative‐leaning CEOs—marked by heightened threat sensitivity and low tolerance for ambiguity—frame infringement as a looming loss and therefore ...
Ali Radfard, Luca Pistilli
wiley +1 more source
What Works Where? Scrutinizing How Personal Resources Spur Managers' Innovative Work Behaviour
Creativity and Innovation Management, Volume 35, Issue 2, Page 425-441, June 2026.ABSTRACT Whereas innovative work behaviour (IWB) is regarded as a desired positive behaviour for all organizational members, existing research has predominantly focused on employees, while only sparingly scrutinizing the IWB among managerial levels. To address this gap, we draw on upper echelons and positive organizational behaviour perspectives to ...
Rrezon Lajçi +3 more
wiley +1 more source
Corporate Financial Policies With Overconfident Managers [PDF]
Many financing choices of US corporations remain puzzling even after accounting for standard determinants such as taxes, bankruptcy costs, and asymmetric information.
Geoffrey Tate +2 more
core
Reputational Risk: An Investigation Into How Environmental Failures Drive Stock Price Crashes
Business Strategy and the Environment, Volume 35, Issue 4, Page 5987-6008, May 2026.ABSTRACT The study examines the relationship between stock price crashes and firm environment reputational risk. Using a large sample of US listed firms, covering a time span from 2007 to 2021, we test the effect of environmental reputation risk on three measures for the stock price crash risk (NEGCSK, DRUV, and CRASH).
Man Dang +4 more
wiley +1 more source
Unfinished business: integrating individual decision-makers' experience and incentives to organizational performance feedback theory. [PDF]
Front Psychol, 2023 Blettner D, Kotiloglu S, Lechler TG.
europepmc +1 more source
Who Makes Acquisitions? CEO Overconfidence and the Market's Reaction [PDF]
Overconfident CEOs over-estimate their ability to generate returns. Thus, on the margin, they undertake mergers that destroy value. They also perceive outside finance to be over-priced.
Geoffrey Tate, Ulrike Malmendier
core