CEO's Overconfidence, Cost stickiness, and Value Relevance of Accounting Information
CEO's overconfidence is one of the essential indices that influences financial policies. When sales decline, overconfident CEOs have overconfidence in their ability to bring sales back to the previous level and tend to overestimate sales, thereby increasing cost stickiness. Further, cost sticki...
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| Format: | Article |
| Language: | English |
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Ferdowsi University of Mashhad
2020-08-01
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| Series: | Iranian Journal of Accounting, Auditing & Finance |
| Subjects: | |
| Online Access: | https://ijaaf.um.ac.ir/article_39427_5abff4373c5ff54a476b74a7549f3c9b.pdf |