Results 21 to 30 of about 369 (198)
CEO Overconfidence and Corporate Debt Maturity [PDF]
SSRN Electronic Journal, 2013 This paper extends our knowledge of corporate debt maturity structure by examining whether and to what extent overconfident CEOs affect maturity decisions. Consistent with a demand side story, we find that firms with overconfident CEOs tend to adopt a shorter debt maturity structure by using a higher proportion of short-term debt (due within 12. months)
Huang, Ronghong +2 more
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Risks, 2019 In this paper, we develop a contingent claim model to evaluate the equity, default risk, and efficiency gain/loss from managerial overconfidence of a shadow-banking life insurer under the purchases of distressed assets by the government.
Shi Chen +3 more
doaj +1 more source
Do Overconfident CEOs Pay More to Shareholders? Evidence from the US Market
Корпоративные финансы, 2020 This paper aims to discover evidence on the possible impact of CEO overconfidence on payout policy, and the role of corporate boards in offsetting the possible negative effects of this overconfidence.
Artem Anilov
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The Effect of Management Characteristics on Audit Report Readability
Economies, 2022 The present study investigates the relationship between management characteristics (managerial entrenchment, CEO narcissism, overconfidence, board effort, real and accrual-based earnings management) and the audit report readability of listed firms.
Mahdi Salehi +2 more
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Jurnal Akuntansi Aktual, 2023 The number of companies that report losses to avoid taxes increases significantly. This becomes a concern of the government. The purpose of this study is to examine the effect of organizational capital on tax avoidance with gender diversity and CEO ...
Elia Rossa, Cahyadi Husadha
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The Effect of CEO Overconfidence and CEO Narcissism on the Relationship between Social Responsibility and Financial Performance in the Listed Companies in Tehran Stock Exchange [PDF]
Iranian Journal of Accounting, Auditing & Finance, 2019 The present study aimed to investigate CEO overconfidence and narcissism on the relationship between social responsibility and financial performance in companies listed on the Tehran Stock Exchange.
Amir Ghafourian Shagerdi +2 more
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The Effect of CEO Overconfidence on Overinvestment: An Analysis of the Role of Inflation Uncertainty in the Capital Market [PDF]
Iranian Journal of Finance, 2020 Investment is seen as one of the most important and influential factors in economic growth and development. It is directly affected by managers' approaches to decision-making because identifying the best investment opportunities to achieve ideal returns ...
Hossein Alidadi +2 more
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Management Characteristics and Audit Opinion Shopping [PDF]
Iranian Journal of Accounting, Auditing & Finance, 2021 The present study assesses the relationship between management characteristics (management entrenchment, narcissism, CEO overconfidence, board effort, real and accrual-based earnings management) and audit opinion shopping in the Tehran Stock Exchange ...
Maryam Seifzadeh +4 more
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The Effect of CEO Overconfidence on Corporate Resilience Considering the Moderating Role of Concentrated Ownership [PDF]
مطالعات تجربی حسابداری مالیThis study, considering the growing role of managers’ behavioral characteristics in financial decisions and the importance of ownership structure in shaping the consequences of these characteristics, examined the effect of CEO overconfidence on corporate
Seyed Mohammad Amin Fayazi +2 more
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CEO Overconfidence and Corporate Investment [PDF]
The Journal of Finance, 2002 ABSTRACTWe argue that managerial overconfidence can account for corporate investment distortions. Overconfident managers overestimate the returns to their investment projects and view external funds as unduly costly. Thus, they overinvest when they have abundant internal funds, but curtail investment when they require external financing.
Ulrike Malmendier, Geoffrey Tate
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