Does accounting conservatism mitigate the shortcomings of CEO overconfidence?

Overconfident CEOs are more willing to initiate investment projects that require experimentation, yet tend to defer responding to the bad news when the project is not performing as planned. Accounting conservatism accelerates the recognition of the bad news and its dissemination to gatekeepers, maki...

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Bibliographic Details
Main Authors: HSU, Charles, NOVOSELOV, Kirill E., WANG, Rencheng
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2017
Subjects:
Online Access:https://ink.library.smu.edu.sg/soa_research/1815
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Institution: Singapore Management University
Language: English