CEO overconfidence's impact on the firm : an empirical study
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,...
Main Authors: | , , |
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Other Authors: | |
Format: | Final Year Project (FYP) |
Published: |
2008
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Subjects: | |
Online Access: | http://hdl.handle.net/10356/10415 |