Managerial overconfidence: promoter of or obstacle to organizational resilience?

J Kunz, L Sonnenholzner - Review of Managerial Science, 2023 - Springer
Organizational resilience provides firms with the capability to face adverse circumstances
successfully. Therefore, it constitutes an indispensable capability for each company. As …

Building cross-disciplinary bridges in leadership: Integrating top executive personality and leadership theory and research

RM Holmes Jr, MA Hitt, PL Perrewé, JC Palmer… - The Leadership …, 2021 - Elsevier
The top executive personality literature has grown significantly in recent years. We review
this literature, consider its contributions to leadership research and practice, and discuss …

Impact of CEO narcissism and hubris on corporate sustainability and firm performance

F Lin, SW Lin, WC Fang - The North American Journal of Economics and …, 2022 - Elsevier
To explore the personality traits and corporate strategy of chief executive officers (CEOs),
this study investigates how narcissistic and hubristic tendencies in CEOs affect the …

Effects of financial constraints and managerial overconfidence on investment-cash flow sensitivity

CJ Chiu, AYF Ho, LF Tsai - International Review of Economics & Finance, 2022 - Elsevier
This study primarily explores the interactive effects of financial constraints and managerial
overconfidence on the sensitivity of investment-cash flow using a sample of Taiwan non …

Managerial overconfidence, corporate social responsibility activities, and financial constraints

KH Park, J Byun, PMS Choi - Sustainability, 2019 - mdpi.com
Managerial overconfidence refers to managers' cognitive bias, according to which they
demonstrate unwarranted belief in their own judgments and capabilities. This study provides …

Overconfidence and financial decision-making: a meta-analysis

M Grežo - Review of Behavioral Finance, 2021 - emerald.com
Purpose This meta-analysis reviews and summarizes the results of 34 studies to investigate
the relationship between overconfidence and financial decision-making …

The blind power: Power-led CEO overconfidence and M&A decision making

HD Hwang, HD Kim, T Kim - The North American Journal of Economics and …, 2020 - Elsevier
The behavioral finance literature attributes failed M&As to CEO overconfidence. We
investigate the source of CEO overconfidence that leads to failed M&As. Among various …

Board diversity: Moderating effects of CEO overconfidence on firm financing decisions

C Gurdgiev, Q Ni - Journal of Behavioral and Experimental Finance, 2023 - Elsevier
The importance of CEO overconfidence in capital structure decision-making has drawn
attention of many scholars in the past. Despite this, literature on the subject to-date does not …

Does overconfidence blur out the investment efficiency? The managerial overconfidence and internal financing effect on investment efficiency: evidence from MENA …

O El-Ansary, AM Ahmed - International Journal of Emerging Markets, 2023 - emerald.com
Purpose This paper aims to investigate whether managerial overconfidence has an impact
on investment inefficiency beyond its influence on the use of internal financing or whether …

Financial constraints, capital misallocation and firm's total factor productivity (TFP) loss–empirical evidence from listed manufacturing companies in China

Z Piao, C Wu, N Su, Y Lin, Z Zheng - Applied Economics, 2023 - Taylor & Francis
Based on the theoretical mechanism that 'financing constraints (investment-cash flow
sensitivity)→ capital misallocation→ firm's total factor productivity'and ADL (2, 2) model …