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The evolving landscape of health professions education in Pakistan: A critical discourse on CHPE regulation and standardization. [PDF]
Zaidi SJA, Azim SR.
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Diversity of returnee executives' foreign experience and corporate social responsibility performance. [PDF]
Wu Y, Zhang W, Li H.
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The impact of managers' attitudes towards environmental management accounting and green competitive advantage in Vietnam manufacturers. [PDF]
Liem VT, Hien NN.
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Managerial Overconfidence and Market Feedback Effects
Management Science, 2023We show that managerial learning from stock prices can lead to feedback loop vulnerability: corrective actions based on perceived negative market signals reduce the sensitivity of asset payoffs to stock market information. Less sensitivity discourages liquidity provision and increases the price impact of liquidity shocks.
Shiyang Huang +2 more
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Managerial overconfidence and enterprise shadow banking
Finance Research Letters, 2023Xiaohua Shi
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Managerial overconfidence and corporate resilience
Finance Research LettersXimeng Zhang, Deqing Liu, Jie Chen
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Managerial Overconfidence and Dividend Stickiness
Journal of Accounting, Auditing & Finance, 2023In this study, we examine whether overconfident CEOs strive to smooth dividends. Our findings show overconfident CEOs increase dividends more as earnings increase and decrease dividends less as earnings decline, resulting in downward dividend stickiness. This asymmetric dividend payout is consistent with the selective self-attribution bias. Furthermore,
Jui-Chia Lin, Min-Teh Yu
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Endogenous overconfidence in managerial forecasts
Journal of Accounting and Economics, 2011Abstract We examine whether attribution bias leads managers who have experienced short-term forecasting success to become overconfident in their ability to forecast future earnings. Importantly, this form of overconfidence is endogenous and dynamic. We also examine the effect of this cognitive bias on the managerial credibility.
Hilary, Gilles, Hsu, Charles
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