Managerial overconfidence and stock price crash risk

被引：5
|
作者：
Han, Huanfa [1 ]
Liu, Cuiping [2 ]
Li, Jing [3 ]
机构：
[1] Henan Univ, Business Sch, Kaifeng 475000, Henan, Peoples R China
[2] Sichuan Univ, Jinjiang Coll, Sch Business, Meishan 620860, Sichuan, Peoples R China
[3] Tianjin Med Univ, Coll Publ Hlth, Tianjin 300070, Peoples R China
来源：
FINANCE RESEARCH LETTERS | 2024年 / 65卷
关键词：
Managerial overconfidence; Stock price crash risk; Internal controls; Mediating effects;
D O I：
10.1016/j.frl.2024.105518
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
This study explores the effect of managerial overconfidence on the risk of a stock price crash. Results indicate that managerial overconfidence positively affects stock price crash risk. Importantly, internal controls can reduce this risk by curbing managerial overconfidence.
引用
收藏
页数：9
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