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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Bibliographic Details
Main Authors: WEI, Chi Shen, ZHANG, Lei
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2018
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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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