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...

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Bibliographic Details
Main Authors: Joohee Park, Chune Young Chung
Format: Article
Language:English
Published: MDPI AG 2016-12-01
Series:Sustainability
Subjects:
Online Access:http://www.mdpi.com/2071-1050/9/1/14