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CEO Overconfidence and Innovation

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NBER2010-05-01 更新2025-01-04 收录
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Are CEOs' attitudes and beliefs linked to their fims' innovative performance? This paper uses Malmendier and Tate's measure of overconfidence, based on CEO stock-option exercise, to study the relationship between a CEO's "revealed beliefs" about future performance and standard measures of corporate

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2010-05-01
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