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
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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
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Economic policy uncertainty and overinvestment: evidence from Korea [PDF]
Journal of Derivatives and Quantitative Studies, 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,
Hwa-Sung Kim
exaly +2 more sources
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
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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
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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
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Plant Protection and Fertilizer Use Efficiency in Farms in a Context of Overinvestment: A Case Study from Poland [PDF]
Agriculture, 2023 The purpose of this study was to determine the relationship between plant protection and fertilizer use efficiency, on one side, and overinvestment in Polish agriculture, on the other.
Jagoda Zmyślona +2 more
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Political connections, overinvestment and governance mechanism in Indonesia
Cogent Economics and Finance, 2020 The purpose of this study is to investigate the association between political connections and overinvestment in Indonesia as a democratic, multi-party and developing country.
Iman Harymawan +2 more
exaly +2 more sources
EconomiesThis paper develops a dynamic signaling framework to analyze how educational investment evolves under imperfect information and how the informational value of credentials changes over time.
Monem Abidi, Adel Benhamed
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Chief Executive Officer Power and Overinvestment: Linear and Non-linear Approach [PDF]
مطالعات تجربی حسابداری مالیEfficiency is one of the most important criteria that investors consider when evaluating influencing factors to identify suitable investment opportunities.
Shokrollah Khajavi, Soraya Weysihesar
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