Results 111 to 120 of about 14,133 (250)
Managerial Overconfidence and Corporate Finance Policies [PDF]
, 2017 Traditional corporate finance models generally assume that agents are fully rational, but this assumption is not consistent with evidence from the psychology literature. For example, a particular type of bias, overconfidence, has been shown to have a substantial impact on various corporate decisions.
openaire +2 more sources
Journal of Advanced Nursing, EarlyView.ABSTRACT Aim To investigate specialist nurses' experience of psychological safety in ad hoc teams during emergency care. Design Interpretive descriptive qualitative study. Methods Semi‐structured interviews with nine specialist nurses were conducted in Sweden from May to June 2024 and analysed using reflexive thematic analysis (Braun & Clarke ...
Jenny Stenvall, Samuel Edelbring
wiley +1 more source
The effect of CEO overconfidence on bank risk taking [PDF]
Recent studies document that some CEOs are overconfident. In this note, we examine the effect of CEO overconfidence on bank risk taking. We measure CEO overconfidence using press data, and bank risk taking using the standard deviation of stock returns ...
Jijun Niu
core
Journal of Business Finance &Accounting, EarlyView.ABSTRACT We examine the role of intrinsic motivations—psychologically based, non‐economic factors—in earnings benchmark beating by focusing on owner‐managed firms that are largely free from external pressures from shareholders, analysts, and the media.
Jeppe Christoffersen +2 more
wiley +1 more source
Excess entry, ambiguity seeking and competence: An experimental investigation [PDF]
Excess entry refers to the high failure rate of new entrepreneurial ventures. Economic explanations suggest 'hit and run' entrants and risk-seeking behavior. A psychological explanation is that people (entrepreneurs) are overconfident in their abilities (
Daniela Grieco, Robin Hogarth
core
Behavioral Approaches to Corporate Law [PDF]
, 2012 This chapter reviews the challenges associated with developing a plausible theory of why psychological heuristics and biases might persist in high-stakes business settings.
Langevoort, Donald C
core +1 more source
Managerial Overoptimism and Discretionary Disclosure
Journal of Business Finance &Accounting, EarlyView.ABSTRACT We examine the effect of managerial overoptimism on discretionary disclosure of subjective information, such as earnings forecasts. The market applies a discount upon disclosure to capture the possibility that the revealed subjective expectation is too optimistic.
Nikolaj Niebuhr Lambertsen +1 more
wiley +1 more source
What is the Price of Hubris? Using Takeover Battles to Infer Overpayments and Synergies [PDF]
We present a framework for determining the information that can be extracted from stock prices around takeover contests. In only two types of cases is it theoretically possible to use stock price movements to infer bidder overpayment and relative ...
David T. Robinson +2 more
core
Do robots boost productivity? A quantitative meta‐study
Journal of Economic Surveys, EarlyView.ABSTRACT This meta‐study analyzes the productivity effects of industrial robots. More than 1800 estimates from 85 primary studies are collected. The meta‐analytic evidence suggests that robotization has so far provided, at best, a small boost to productivity. There is strong evidence of publication bias in the positive direction.
Florian Schneider
wiley +1 more source
Performing Micro‐Role Transitions in Open Strategy
Journal of Management Studies, EarlyView.Abstract Open strategy (OS) requires contributors with a variety of functional backgrounds to episodically perform a strategy role in addition to their functional responsibilities. These actors engage in micro‐role transitions as they temporarily shift from one role to another.
Anna Plotnikova +2 more
wiley +1 more source