Add to ORKGUsing options- and press-based proxies for CEO overconfidence (Malmendier and Tate 2005a, 2005b, 2008), we find that over the 1993-2003 period, firms with overconfident CEOs have greater return volatility, invest more in innovation, obtain more patents and patent citations, and achieve greater innovative success for given research and development (R&D) expenditure. Overconfident managers only achieve greater innovation than non-overconfident managers in innovative industries. Overconfidence is not associated with lower sales, ROA, or Q
Recent field evidence suggests a positive link between overconfidence and innovative activities. In ...
Past research shows that a heuristic bias push executives to make more mergers and acquisitions, eve...
Past research shows that a heuristic bias push executives to make more mergers and acquisitions, eve...
Using options- and press-based proxies for CEO overconfidence (Malmendier and Tate 2005a, 2005b, 200...
Previous empirical work on adverse consequences of CEO overconfidence raises the question of why fir...
Previous empirical work on adverse consequences of CEO overconfidence raises the question of why fir...
Previous empirical work on adverse consequences of CEO overconfidence raises the question of why fir...
In this paper, we provide a theoretical and empirical framework that allows us to synthesize and ass...
In this paper, we provide a theoretical and empirical framework that allows us to synthesize and ass...
We investigate the moderating effect of the business cycle on the positive relationship between CEO ...
This systematic review deals the overconfidence bias. It is a cognitive bias which is described as ...
This systematic review deals the overconfidence bias. It is a cognitive bias which is described as ...
R&D investments require huge initial outlay and involve high uncertainty. But regardless, firms inve...
[[abstract]]In recent years, the topic of managers’ irrational behaviors has drawn increasing attent...
Previous research has mainly investigated the effect of CEO overconfidence on financial outcomes. Ho...
Recent field evidence suggests a positive link between overconfidence and innovative activities. In ...
Past research shows that a heuristic bias push executives to make more mergers and acquisitions, eve...
Past research shows that a heuristic bias push executives to make more mergers and acquisitions, eve...
Using options- and press-based proxies for CEO overconfidence (Malmendier and Tate 2005a, 2005b, 200...
Previous empirical work on adverse consequences of CEO overconfidence raises the question of why fir...
Previous empirical work on adverse consequences of CEO overconfidence raises the question of why fir...
Previous empirical work on adverse consequences of CEO overconfidence raises the question of why fir...
In this paper, we provide a theoretical and empirical framework that allows us to synthesize and ass...
In this paper, we provide a theoretical and empirical framework that allows us to synthesize and ass...
We investigate the moderating effect of the business cycle on the positive relationship between CEO ...
This systematic review deals the overconfidence bias. It is a cognitive bias which is described as ...
This systematic review deals the overconfidence bias. It is a cognitive bias which is described as ...
R&D investments require huge initial outlay and involve high uncertainty. But regardless, firms inve...
[[abstract]]In recent years, the topic of managers’ irrational behaviors has drawn increasing attent...
Previous research has mainly investigated the effect of CEO overconfidence on financial outcomes. Ho...
Recent field evidence suggests a positive link between overconfidence and innovative activities. In ...
Past research shows that a heuristic bias push executives to make more mergers and acquisitions, eve...
Past research shows that a heuristic bias push executives to make more mergers and acquisitions, eve...