Frontiers in Psychology, 2022 At present, there is a common overinvestment behavior among listed companies in various countries, which seriously reduces the overall resource allocation efficiency of the market.
Michael So
exaly +4 more sources
CEO cultural background and overinvestment decisions: The north-south divide in China. [PDF]
PLoS ONE, 2023 This study addresses an under-researched area in corporate behavior by examining the impact of a CEO's cultural background on corporate overinvestment decisions. We focus on the unique cultural dichotomy between northern and southern China as our context
Chia-Hsien Tang +3 more
doaj +2 more sources
Overinvestment in selected Central and Eastern European countries: Production and economic effects. [PDF]
PLoS ONE, 2021 Farms need to invest in order to earn incomes and maintain their competitive edge. However, the scale and extent of investments must be aligned with resources of other productive inputs, primarily including land, because otherwise there is risk of ...
Krzysztof Piotr Pawłowski +3 more
doaj +2 more sources
Energies, 2021 Ensuring adequate profitability of production, which can be ensured by optimal investments, can encourage farmers to be more caring about sustainable development.
Krzysztof Piotr Pawłowski +2 more
exaly +3 more sources
Does media governance restrict corporate overinvestment behavior? Evidence from Chinese listed firms
China Journal of Accounting Research, 2015 Using China’s A-share listed firms from 2007 to 2011, this paper empirically tests how media governance affects firms’ levels of overinvestment and whether external supervision and informal institutional mechanisms reduce these levels. We find that media
Huili Zhang, Zengrui Su
exaly +3 more sources
Does the social credit system construction reduce enterprises' overinvestment? quasi-natural experimental evidence from China. [PDF]
PLoS ONEAs an important part of improving the socialist market economic system, the social credit system focuses on the market's micro behavior, which emphasizes the credit self-discipline of enterprises in financial management and checks the orientation for ...
Guozhen Zhang +3 more
doaj +2 more sources
Economic policy uncertainty and overinvestment: evidence from Korea [PDF]
Seonmul yeongu, 2021 The authors show that there is a negative relationship between economic policy uncertainty (EPU) and firm overinvestment using Korean data from 2007 to 2016. Since Jensen (1986) shows that a firm's free cash flow is an important factor of overinvestment,
Wenwen Jiang, Hwa-Sung Kim
doaj +1 more source
The Influence of Equity Incentive on Overinvestment in enterprises: The moderating effect based on the heterogeneity of executive team [PDF]
E3S Web of Conferences, 2021 This paper empirically examines the moderating effect of executive team heterogeneity on the influence of equity incentive on overinvestment behavior by using the data of Chinese A-share listed companies in Shanghai and Shenzhen from 2014 to 2018.
Liu Wei, Yang Tingting, Le Xiao
doaj +1 more source
Firm performance: the moderation impact of debt and dividend policies on overinvestment [PDF]
Journal of Asian Business and Economic Studies, 2021 Purpose – Debt, dividend and investment policy constitutes a company's important financial decisions to determine firm performance. The research emphasizes on the problem of overinvestment, a phenomenon that worsens firm operation.
Nghia Nguyen Trong, Cong Thanh Nguyen
doaj +1 more source
Overinvestment, type of subsequent earning management and CEO tenure: Evidences from TSE [PDF]
مجله دانش حسابداری, 2017 This study examines the relationship between overinvestment, type of subsequent earnings management and tenure of CEO's of listed companies in Tehran Stock Exchange during the period from 2005 to 2016 deals.
vali khodadadi (Ph.D) +3 more
doaj +1 more source