CEO Overconfidence, Leadership Ethics, and Institutional Investors
This paper explores the influence of institutional investors’ external monitoring on CEOs’ overconfidence. We particularly examine institutional monitoring’s influence on overinvestments by overconfident CEOs and the likelihood of appointing these overconfident CEOs to firms. The results indicate th...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2016-12-01
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Series: | Sustainability |
Subjects: | |
Online Access: | http://www.mdpi.com/2071-1050/9/1/14 |