Results 221 to 230 of about 273,645 (286)

Managerial Overconfidence and Accounting Conservatism

Journal of Accounting Research, 2012
ABSTRACTOverconfident managers overestimate future returns from their firms’ investments. Thus, we predict that overconfident managers will tend to delay loss recognition and generally use less conservative accounting. Furthermore, we test whether external monitoring helps to mitigate this effect.
Anwer S. Ahmed, Scott Duellman
openaire   +1 more source

How Do Performance Shortfalls Shape on Entrepreneurial Orientation? The Role of Managerial Overconfidence and Myopia

Sustainability
In an era of rapid technological advancement—particularly with the accelerated development of artificial intelligence and digital technologies—entrepreneurship enables firms to dynamically adjust their strategies in response to environmental uncertainty ...
Xiaolong Liu, Yi Xie
semanticscholar   +1 more source

IFRS 16 and firms’ risk in emerging markets: the impact of managerial overconfidence

Journal of Applied Accounting Research
PurposeThe purpose of this study is to (1) investigate how IFRS 16 affects firms’ risk in Egypt and (2) examine the moderating role of managerial overconfidence on this relation.Design/methodology/approachThis study uses data from the annual reports of ...
K. Mansour, Emad Sayed, Khaled Hussainey
semanticscholar   +1 more source

Corporate Diversification and Managerial Overconfidence

SSRN Electronic Journal, 2011
This study investigates the role of managerial overconfidence in the context of corporate diversification decisions. First, we find that overconfident managers are more likely to manage diversified than focused firms. Second, we find that the diversification discount is concentrated exclusively in companies managed by overconfident managers.
Panayiotis C. Andreou, John A. Doukas, Christodoulos Louca   +2 more
openaire   +1 more source

Managerial overconfidence and debt maturity structure of firms

China Finance Review International, 2011
PurposeThe purpose of this paper is to empirically analyze the effects of managerial overconfidence on debt maturity structure decisions in terms of liquidity risk and asset match in Chinese listed companies.Design/methodology/approachCombining data from
You Jiaxing, Jiang Wei, Xiao Min
exaly   +2 more sources

The Overconfidence Paradox: Managerial Overconfidence, Risk, and Efficiency of Public Sector Banks in India

International Journal of Banking Risk and Insurance
This study aims to investigate the impact of behavioural biases of top managers measured through managerial overconfidence affect the risk and efficiency of PSBs in India.
Diksha Saini, Balwinder Singh
semanticscholar   +1 more source

The role of corporate governance and managerial overconfidence in enhancing firm value: The mediating effect of sustainability reporting and moderating role of audit quality

Edelweiss Applied Science and Technology
This study investigates how managerial overconfidence and corporate governance influence firm value, with sustainability reporting quality as a mediating variable and audit quality as a moderating variable.
Putu Purnama Dewi, N. L. Wiagustini, N. Ratnadi, I. Putri   +3 more
semanticscholar   +1 more source

Managerial Overconfidence and Stock Price Crash Risk: Evidence from China

Emerging markets finance & trade
This study examines the relationship between managerial overconfidence and stock price crash risk in China from 2006–2023. Using excessive investment and optimistic disclosure tone proxies, we find that overconfident managers significantly increase crash
Binsheng Qian, Chenghao Qian, Yusen Tan
semanticscholar   +1 more source

Corporate Managerial Overconfidence and Debt Default Risk—— A Case Study of Evergrande Group

Finance & Economics
In recent years, China's real estate industry has faced severe debt risks under the "housing is for living, not for speculation" policy. This policy orientation, emphasizing the fundamental attribute of housing as a residence rather than an investment ...
Taifen Yen
semanticscholar   +1 more source

Pengaruh Environmental, Social, and Governance (ESG Performance) terhadap Manajemen Laba dengan Kepemilikan Manajerial dan Managerial Overconfidence sebagai Variabel Moderasi

JURNAL EKSPLORASI AKUNTANSI
This study investigates the impact of ESG performance on earnings management, with managerial ownership and managerial overconfidence as moderating variables. Earnings management in this research is measured by discretionary accruals as a proxy.
M. Wulandari, Nurzi Sebrina
semanticscholar   +1 more source