How Overconfidence Effect Value Creation of a Firm? Evidence from Moderating Role of Dividend Policy in Indonesia [PDF]
, 2023 Emma Suryani +2 more
openalex +1 more source
Family Matters: Exploring the Link Between Parental and Executive Financial Misconduct
Journal of Accounting Research, EarlyView.ABSTRACT Using a novel data set of misconduct records for Finnish CEOs and directors and their parents, we explore whether corporate executives’ financial misconduct is associated with similar behavior by their parents. Controlling for various other factors of executive financial misconduct, we find that executives are significantly more likely to ...
JENNI KALLUNKI +4 more
wiley +1 more source
Downside risk similarity and M&As
Contemporary Accounting Research, EarlyView.Abstract Downside risks are ubiquitous and can profoundly impact firm operations and valuation. Failure to adequately assess and manage target firms' downside risks hinders acquirers' ability to integrate and manage these businesses. This article introduces a novel measure of firms' downside risk similarity (DRS) based on risk factor descriptions and ...
Lei Chen +3 more
wiley +1 more source
WHY ENTREPRENEUR OVERCONFIDENCE AFFECT ITS PROJECT FINANCIAL CAPABILITY: EVIDENCE FROM TUNISIA USING THE BAYESIAN NETWORK METHOD [PDF]
Business Excellence and Management, 2013 This article discusses the effect of the entrepreneur’s profile on financing his creative project. It analyzes the impact of overconfidence on improving perceptions financing capacity of the project.
Salima TAKTAK +2 more
doaj
The Effect of Managerial Overconfidence Heterogeneity on Inefficient Corporate Investment
, 2023 Han Li, HAN-HSING YU
openalex +1 more source
Analysis of Investment Decision Making Through Overconfidence, Herding Effect, and Self-Monitoring Variable During the Covid-19 Pandemic in Indonesia [PDF]
, 2021 I Gede Adiputra +2 more
openalex +1 more source
Market Valuation of Risk Reporting: The Role of Business Model Disclosure
Abacus, EarlyView.Narrative risk reporting is essential to providing investors with information about company risks. Recent regulations require large companies to disclose narrative information about their main risks, opportunities, and business model (BM) value drivers.
Chiara Crovini +3 more
wiley +1 more source
Co‐opted Boards and the Obfuscation of Financial Reports
Abacus, EarlyView.This study investigates the relationship between board co‐option and the obfuscation of financial disclosures in a comprehensive sample of 9,620 10‐K filings by 1,076 US‐listed firms between 1996 and 2018. Our empirical results are consistent with our hypotheses that board co‐option partly explains the obfuscation of financial reports.
Abongeh A. Tunyi +3 more
wiley +1 more source
The effect of CEO adverse professional experience on management forecast pessimism
Accounting &Finance, Volume 65, Issue 1, Page 219-250, March 2025.Abstract We examine how CEOs' past experiences of corporate distress affect their subsequent forecast behaviour. We find that CEOs who experienced distress in a non‐CEO position at another firm issue more pessimistic management earnings forecasts after becoming CEO at their current firm.
Eunice S. Khoo +2 more
wiley +1 more source