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The Impact of Managerial Compensation on Overconfidence: Based on Empirical Evidence of the Shenzhen A-share Listed Companies
| Content Provider | Semantic Scholar |
|---|---|
| Author | Liu, Shengqiang |
| Copyright Year | 2015 |
| Abstract | Base on the sample of A-share listed companies of Shenzhen in China from 2007 to 2012, this article uses the random effect model to examine the impacts of managerial compensation on overconfidence and found that: managerial compensation has a positive effect on their overconfidence. Compared with non- state-owned listed companies, enhancing management compensation of state-owned listed companies more easily lead to overconfidence. KEYWORD: Management Compensation; Overconfidence; The Process of Marketization. |
| File Format | PDF HTM / HTML |
| DOI | 10.2991/itms-15.2015.95 |
| Alternate Webpage(s) | https://download.atlantis-press.com/article/25842905.pdf |
| Alternate Webpage(s) | https://doi.org/10.2991/itms-15.2015.95 |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |