Results 221 to 230 of about 14,133 (250)
Some of the next articles are maybe not open access.
Managerial Overconfidence and Dividend Policy
SSRN Electronic Journal, 2009Managerial overconfidence has been shown to significantly affect corporate investment, financing policy and merger appetite. We investigate whether it also impacts dividend policy. Overconfident managers believe their firms' securities are undervalued, either because they expect cash flows from current projects to be higher or because they foresee ...
openaire +1 more source
Managerial Overconfidence: Evidence from Japanese CEOs
SSRN Electronic Journal, 2012We test whether Japanese leading CEOs are optimistic and miscalibrated using 50 years of survey data conducted by the Nihon Keizai Newspaper on New Year’s Day. In a sense, this study is a complement to Ben-David, Graham and Harvey (2010), who find U.S. executives are severely miscalibrated using the 10 years of survey data.
Kotaro Inoue +2 more
openaire +1 more source
Corporate Governance and Managerial Overconfidence
This chapter draws attention to the fact that corporate governance can help in moderating overconfidence, particularly in corporate strategic decisions. CEOs with overconfidence are more likely to engage in risky investment. Agency theory does endorse performance-related pay and independent directors.Adil Cherkaoui, Youness Oudrhough
openaire +1 more source
Corporate Payout Policy and Managerial Overconfidence
SSRN Electronic Journal, 2012We analyze the relation between managerial overconfidence and corporate payout policy. We predict that overconfident managers perceive their firm's equity to be undervalued and therefore prefer share repurchases over dividends when distributing cash to shareholders.
Valentin Burg +2 more
openaire +1 more source
Managerial Overconfidence and Firm Value
The Institute of Management and Economy Research, 2021Gaoa Yu, Kil-Seok Han, Kyoung-Hwa Chung
openaire +1 more source
Cash Hoards and Managerial Overconfidence
SSRN Electronic Journal, 2012Shih-Yun Huang +2 more
openaire +1 more source
Managerial Overconfidence and Value Relevance
Korean Accounting Journal, 2021Hyun-uk Jung, Kang-il Lee
openaire +1 more source
Effects of financial constraints and managerial overconfidence on investment-cash flow sensitivity
International Review of Economics and Finance, 2022Amy Yueh-Fang Ho
exaly
Social ties, managerial overconfidence, and investment efficiency
Finance Research Letters, 2022Yong Joo Kang, Ho-Young Lee
exaly
Managerial overconfidence, CSR and firm value
Asia-Pacific Journal of Accounting and Economics, 2022Yu Gao
exaly