Results 91 to 100 of about 615 (219)
ABSTRACT Traditional techniques for evaluating creative outcomes are typically based on evaluations made by human experts. These methods suffer from challenges such as subjectivity, biases, limited availability, ‘crowding’, and high transaction costs. We propose that large language models (LLMs) can be used to overcome these shortcomings.
Theresa Kranzle, Katelyn Sharratt
wiley +1 more source
Reindustrialization meets rural reality: The limits of foreign direct investment‐led development
Abstract As industrial policy drives new waves of foreign direct investment (FDI) into the U.S., rural areas are becoming key destinations. Using synthetic control, difference‐in‐differences, and propensity score matching, I examine whether rural FDI translates job growth into higher incomes.
Kara Jones
wiley +1 more source
Abstract This study examines the relationship between Chief Financial Officer (CFO) overconfidence and firm performance through the lens of environmental violations and constituency statutes. Drawing on stakeholder and upper echelons theories, we find that firms with overconfident CFOs are more likely to commit environmental violations, which ...
Panagiotis Andrikopoulos +4 more
wiley +1 more source
Does an optimistic tone in annual reports predict better financial and non‐financial performance?
Abstract In the current paper, we investigate whether management adopts an optimistic disclosure tone to impress the corporate audience or to provide incremental information (II) by anticipating positive corporate performance. Specifically, we test whether an optimistic tone in annual reports (ARs) is a positive predictor of better financial and non ...
Francesco Gangi +3 more
wiley +1 more source
Government support, regional well‐being, and the pivots of UK SMEs during a crisis
Abstract Pivoting—a substantive transformation of the established business model (e.g., reformulation of goods, services, processes, or organizational methods in a new or significantly improved manner)—has emerged as a crisis response strategy of small‐ and medium‐sized enterprises (SMEs).
Chau M. Chu, Bach Nguyen
wiley +1 more source
The aim of this research is to show the impact of audit committees through their characteristics represented by (independence, financial and accounting experience, size, number of meetings) as an independent variable on Managerial overconfidence with ...
Hassan Marie Hassan +1 more
doaj +1 more source
The illusion of competence: Managers and the Dunning–Kruger effect
Abstract Do managers properly recognize their own expertise? This study explores distortions in self‐perception by investigating the presence of the Dunning–Kruger effect, a cognitive bias that distorts self‐assessment, within managerial contexts. Although widely studied in psychology, its implications for management remain underexplored.
Francesca Sanguineti +3 more
wiley +1 more source
Crisis influenceability and the contingent role of entrepreneur's resilience in SMEs
Abstract The resilience of small‐ and medium‐sized enterprises (SMEs) is increasingly vital in today's unpredictable economic landscape. Understanding how different types of crises impact financial performance and recovery time can help entrepreneurs develop effective strategies to navigate challenges.
Diego Campagnolo +2 more
wiley +1 more source
Rich Dad Poor Dad? CEO Private School Background and Firm Risk
ABSTRACT We examine the effect of CEO childhood socioeconomic status (SES) on firm risk. Using hand‐collected data on US CEOs' private high‐school attendance as proxy for high‐SES, we find that firms led by high‐SES CEOs exhibit 5.35% lower firm risk. This effect diminishes with CEO tenure, analyst coverage, and institutional ownership, consistent with
Yifei Bi, Christos Mavrovitis, Chen Yang
wiley +1 more source
From Regression to Reasoning: Predicting M&A Announcement Returns With Large Language Models
ABSTRACT This study investigates whether large language models (LLMs) can predict short‐term market reactions to M&A announcements. We prompt OpenAI's latest reasoning models (o3, GPT‐5, and GPT‐5.1) to forecast whether the combined market value of acquirer and target will increase or decrease, drawing on deal‐, firm‐, and macroeconomic data for large ...
Maximilian Schreiter +2 more
wiley +1 more source

