Biased interpretation of performance feedback: The role of CEO overconfidence
Sign Up to like & getrecommendations! Published in 2020 at "Southern Medical Journal"
DOI: 10.1002/smj.3138
Abstract: Research summary This study examines how managerial biases in the form of overconfidence change the interpretation of performance feedback and, consequently, shape a firm's risk taking in response to it. Our formal analysis suggests that… read more here.
Keywords: interpretation performance; feedback; performance; ceo overconfidence ... See more keywords
CEO overconfidence and the value of corporate cash holdings
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DOI: 10.1016/j.jcorpfin.2018.11.006
Abstract: Cash holding is on average more valuable when firms are managed by overconfident CEOs. Economically, having an overconfident CEO on board is associated with an increase of $0.28 in the value of $1.00 cash holding.… read more here.
Keywords: cash; value; ceo overconfidence; value cash ... See more keywords
Key Subordinate Executive Governance, CEO Overconfidence, and Accounting Conservatism: From the Perspective of Sustainable Development
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DOI: 10.3389/fpsyg.2021.799221
Abstract: Key subordinate executives play the role of connecting superiors and subordinates within the top management team (TMT). Based on the heterogeneity of TMT preference, this article takes the data of Chinese A-share listed companies from… read more here.
Keywords: accounting conservatism; executive governance; key subordinate; subordinate executive ... See more keywords
CEO Overconfidence and Corporate Innovation Outcomes: Evidence From China
Sign Up to like & getrecommendations! Published in 2022 at "Frontiers in Psychology"
DOI: 10.3389/fpsyg.2022.760102
Abstract: This study examines how chief executive officer (CEO) overconfidence can influence the quantity, quality and direction of corporate innovation using Chinese firms for the period 2009–2016. Our results suggest that overall, CEO overconfidence has a… read more here.
Keywords: innovation; overconfidence corporate; corporate innovation; ceo overconfidence ... See more keywords