Capital Structure Choices and Behavioral Biases: An Application to a Panel of US Industrial Companies

This paper examines the financing decision within the framework of the behavioral corporate finance. It empirically analyzes the role of psychological factors related to the managers’ overconfidence and optimism in explaining the financing choices of a panel of 160 US industrial companies listed ove...

Full description

Bibliographic Details
Main Author: Ridha Esghaier
Format: Article
Language:English
Published: EconJournals 2017-12-01
Series:International Journal of Economics and Financial Issues
Subjects:
Online Access:https://dergipark.org.tr/tr/pub/ijefi/issue/32006/353605?publisher=http-www-cag-edu-tr-ilhan-ozturk