CEO overconfidence and stock price crash risk
This study examines the association between chief executive officer (CEO) overconfidence and future stock price crash risk. Overconfident managers overestimate the returns to their investment projects and misperceive negative net present value (NPV) projects as value creating. They also tend to igno...
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| Main Authors: | , , |
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| 格式: | text |
| 語言: | English |
| 出版: |
Institutional Knowledge at Singapore Management University
2016
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| 主題: | |
| 在線閱讀: | https://ink.library.smu.edu.sg/soa_research/1707 https://ink.library.smu.edu.sg/context/soa_research/article/2734/viewcontent/CEO_Overconfidence_2016.pdf |
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| 機構: | Singapore Management University |
| 語言: | English |