Results 21 to 30 of about 324 (159)

Are Overconfident CEOs Better Innovators? [PDF]

open access: yesThe Journal of Finance, 2011
Previous empirical work on adverse consequences of CEO overconfidence raises the question of why firms would hire overconfident managers. Theoretical research suggests a reason, that overconfidence can sometimes benefit shareholders by increasing investment in risky projects.
David Hirshleifer   +2 more
openaire   +4 more sources

CEO overconfidence, tax avoidance, and education foundation

open access: yesJurnal Akuntansi dan Auditing Indonesia, 2020
Companies use tax avoidance to maximize after-tax income. This study examines whether CEO overconfidence has a positive effect to tax avoidance, and whether education foundation as a moderating variable strengthens or weakens that effect. Many studies on
Kurnia Indah Sumunar   +2 more
doaj   +1 more source

CEO overconfidence and dividend policy [PDF]

open access: yesJournal of Financial Intermediation, 2010
Abstract We develop a model of the dynamic interaction between CEO overconfidence and dividend policy. The model shows that an overconfident CEO views external financing as costly and hence builds financial slack for future investment needs by lowering the current dividend payout.
Sanjay Deshmukh   +2 more
openaire   +2 more sources

The effect of CEO psychological traits on the earnings manipulation probability (EMP) based on the Beneish M-Score model and the auditor's response to it [PDF]

open access: yesفصلنامه بورس اوراق بهادار, 2022
Introduction:The destructive effects of corporate earnings manipulation and the contradictory empirical evidence surrounding the effect of CEO's psychological characteristics on the likelihood of earnings manipulation have doubled need to explain the ...
mohammad KHALILZADEH   +3 more
doaj   +1 more source

Managerial overconfidence and dividend policy in Vietnamese enterprises

open access: yesCogent Economics & Finance, 2021
The dividend policy in an enterprise depends not only on the company’s strategy but also on the characteristics of the managers. In particular, the element of overconfidence of the CEO contributes to the decision-making process for the dividend ...
Dat Dinh Nguyen   +3 more
doaj   +1 more source

The joint effect of CEO overconfidence and corporate social responsibility discretion on cost of equity capital [PDF]

open access: yesNew Applied Studies in Management, Economics & Accounting, 2022
The purpose of this study is the joint effect of CEO overconfidence and corporate social responsibility discretion on cost of equity capital of companies listed on the Tehran Stock Exchange.
Masoud Madanipour, Mojgan Saeedi
doaj   +1 more source

Enterprise risk management disclosure and CEO characteristics: an empirical study of go public companies in Indonesia

open access: yesBusiness: Theory and Practice, 2023
Organizations can use enterprise risk management disclosures to share financial and non-financial risk information with external stakeholders. Chief Executive Officer (CEO) has a key role in enterprise risk management.
Rina Trisnawati   +2 more
doaj   +1 more source

Impact of CEO overconfidence on corporate financing decision with mediating role of risk perception

open access: yesBusiness Review, 2022
The purpose of this paper is to investigate the impact of managerial (Chief Executive Officer) overconfidence on corporate financing decision with the mediating role of risk perception.
Amina Batool   +2 more
doaj   +1 more source

THE EFFECT OF MANAGERIAL OVERCONFIDENCE ON CORPORATE FINANCING DECISION

open access: yesManajemen dan Bisnis, 2015
The objective of this research is to examine the effect of managerial overconfidence on corporate financing decision of the miscellaneous industry sector in Indonesian Stock Exchange for the period of 2011-2015.
Eujenita Siswoyo   +2 more
doaj   +1 more source

Do Overconfident CEOs Pay More to Shareholders? Evidence from the US Market

open access: yesКорпоративные 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
doaj   +1 more source

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