Are overconfident CEOs better leaders? Evidence from stakeholder commitments
We find evidence that the leadership of overconfident chief executive officers (CEOs) induces stakeholders to take actions that contribute to the leader's vision. By being intentionally overexposed to the idiosyncratic risk of their firms, overconfident CEOs exhibit a strong belief in their fir...
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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2018
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/5379 https://ink.library.smu.edu.sg/context/lkcsb_research/article/6378/viewcontent/Phua_Tham_Wei_2018_Final_version.pdf |
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| Institution: | Singapore Management University |
| Language: | English |