Executive Overconfidence and Securities Class Actions

Overconfident CEOs/senior executives tend to have excessively positive views of their own skills and their company's future performance. We hypothesize that overconfident managers are more likely to engage in reckless or intentional actions/disclosures that give rise to securities class actions...

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Bibliographic Details
Main Authors: Banerjee, S. (Author), Humphery-Jenner, M. (Author), Nanda, V. (Author), Tham, M. (Author)
Format: Article
Language:English
Published: Cambridge University Press 2018
Online Access:View Fulltext in Publisher