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 |
| _version_ | 1826124857777061888 |
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| author | Nguyen, Quoc Huy Sabiyutheen Soh, Ye Chao |
| author2 | Sen, Nilanjan |
| author_facet | Sen, Nilanjan Nguyen, Quoc Huy Sabiyutheen Soh, Ye Chao |
| author_sort | Nguyen, Quoc Huy |
| collection | NTU |
| description | 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, they still can improve firm’s value better than the overconfident but not dominant CEOs, even though there is no significant improvement in firm performance. |
| first_indexed | 2024-10-01T06:27:13Z |
| format | Final Year Project (FYP) |
| id | ntu-10356/10415 |
| institution | Nanyang Technological University |
| last_indexed | 2024-10-01T06:27:13Z |
| publishDate | 2008 |
| record_format | dspace |
| spelling | ntu-10356/104152023-05-19T05:45:01Z CEO overconfidence's impact on the firm : an empirical study Nguyen, Quoc Huy Sabiyutheen Soh, Ye Chao Sen, Nilanjan Nanyang Business School DRNTU::Business::Management::Leadership 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, they still can improve firm’s value better than the overconfident but not dominant CEOs, even though there is no significant improvement in firm performance. 2008-09-24T07:43:26Z 2008-09-24T07:43:26Z 2007 2007 Final Year Project (FYP) http://hdl.handle.net/10356/10415 Nanyang Technological University application/pdf |
| spellingShingle | DRNTU::Business::Management::Leadership Nguyen, Quoc Huy Sabiyutheen Soh, Ye Chao CEO overconfidence's impact on the firm : an empirical study |
| title | CEO overconfidence's impact on the firm : an empirical study |
| title_full | CEO overconfidence's impact on the firm : an empirical study |
| title_fullStr | CEO overconfidence's impact on the firm : an empirical study |
| title_full_unstemmed | CEO overconfidence's impact on the firm : an empirical study |
| title_short | CEO overconfidence's impact on the firm : an empirical study |
| title_sort | ceo overconfidence s impact on the firm an empirical study |
| topic | DRNTU::Business::Management::Leadership |
| url | http://hdl.handle.net/10356/10415 |
| work_keys_str_mv | AT nguyenquochuy ceooverconfidencesimpactonthefirmanempiricalstudy AT sabiyutheen ceooverconfidencesimpactonthefirmanempiricalstudy AT sohyechao ceooverconfidencesimpactonthefirmanempiricalstudy |