References
- Alicke, M. D. 1985. “Global Self-evaluation as Determined by the Desirability and Controllability of Trait Adjectives.” Journal of Personality and Social Psychology 49: 1621. doi:https://doi.org/10.1037/0022-3514.49.6.1621.
- Banerjee, S., M. Humphery-Jenner, and V. Nanda. 2015. “Restraining Overconfident CEOs through Improved Governance: Evidence from the Sarbanes-Oxley Act.” The Review of Financial Studies 28: 2812–2858. doi:https://doi.org/10.1093/rfs/hhv034.
- Campbell, T. C., M. Gallmeyer, S. A. Johnson, J. Rutherford, and B. W. Stanley. 2011. “CEO Optimism and Forced Turnover.” Journal of Financial Economics 101: 695–712. doi:https://doi.org/10.1016/j.jfineco.2011.03.004.
- Coles, J. L., N. D. Daniel, and L. Naveen. 2006. “Managerial Incentives and Risk-taking.” Journal of Financial Economics 79: 431–468. doi:https://doi.org/10.1016/j.jfineco.2004.09.004.
- Epstein, L. G., and S. E. Zin. 1989. “Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework.” Econometrica 57: 937–969.
- Goel, A. M., and A. V. Thakor. 2008. “Overconfidence, CEO Selection, and Corporate Governance.” The Journal of Finance 63: 2737–2784. doi:https://doi.org/10.1111/j.1540-6261.2008.01412.x.
- Haw, I.-M., B. Hu, and J. J. Lee. 2015. “Product Market Competition and Analyst Forecasting Activity: International Evidence.” Journal of Banking & Finance 56: 48–60. doi:https://doi.org/10.1016/j.jbankfin.2015.02.010.
- Hoberg, G., and G. Phillips. 2016. “Text-based Network Industries and Endogenous Product Differentiation.” Journal of Political Economy 124 (5): 1423–1465. doi:https://doi.org/10.1086/688176.
- Jin, L. 2002. “CEO Compensation, Diversification, and Incentives.” Journal of Financial Economics 66: 29–63. doi:https://doi.org/10.1016/S0304-405X(02)00150-2.
- Kang, J., J.-K. Kang, M. Kang, and J. Kim. 2018. Investment and Firm Value under High Economic Uncertainty: The Beneficial Effect of Overconfident CEOs, 3140209. SSRN.
- Lambert, R. A., D. F. Larcker, and R. E. Verrecchia. 1991. “Portfolio Considerations in Valuing Executive Compensation.” Journal of Accounting Research 29: 129–149. doi:https://doi.org/10.2307/2491032.
- Larwood, L., and W. Whittaker. 1977. “Managerial Myopia: Self-serving Biases in Organizational Planning.” Journal of Applied Psychology 62: 194. doi:https://doi.org/10.1037/0021-9010.62.2.194.
- Li, S., and X. Zhan. 2019. “Product Market Threats and Stock Crash Risk.” Management Science 65: 4011–4031. doi:https://doi.org/10.1287/mnsc.2017.3016.
- Malmendier, U., and G. Tate. 2005. “CEO Overconfidence and Corporate Investment.” The Journal of Finance 60: 2661–2700. doi:https://doi.org/10.1111/j.1540-6261.2005.00813.x.
- Malmendier, U., and G. Tate. 2008. “Who Makes Acquisitions? CEO Overconfidence and the Market’s Reaction.” Journal of Financial Economics 89: 20–43. doi:https://doi.org/10.1016/j.jfineco.2007.07.002.
- Pratt, J. W. 1964. “Risk Aversion in the Small and in the Large.” Econometrica 32: 122–136. doi:https://doi.org/10.2307/1913738.
- Valta, P. 2012. “Competition and the Cost of Debt.” Journal of Financial Economics 105: 661–682. doi:https://doi.org/10.1016/j.jfineco.2012.04.004.