The informational role of overconfident CEOs
We study how overconfident CEOs communicate with the market and whether this has implications on the firm’s information environment. Textual analysis reveals that overconfident CEOs communicate using less negative tone in their 10K/Q filings. Our evidence suggests that overconfident CEOs provide mar...
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Main Authors: | WEI, Chi Shen, ZHANG, Lei |
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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/6415 https://ink.library.smu.edu.sg/context/lkcsb_research/article/7414/viewcontent/Info_Role_Overconfident_CEO_2018_wp.pdf |
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Institution: | Singapore Management University |
Language: | English |
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