CEO overconfidence's impact on the firm : an empirical study

• المؤلفون الرئيسيون: Nguyen, Quoc Huy, Sabiyutheen, Soh, Ye Chao
• مؤلفون آخرون: Sen, Nilanjan
• التنسيق: Final Year Project
• منشور في: 2008
• الموضوعات: DRNTU::Business::Management::Leadership
• الوصول للمادة أونلاين: http://hdl.handle.net/10356/10415

We propose that overconfident CEOs have negative impact on firm’s performance measured by ROA and ROE. They also negatively affect the value of the firm calculated by Tobin’s Q. In addition, they prefer high leverage by the use of debts. Nevertheless, when they have a dominant role within the firm,...