【24h】

The Study on the Characteristic of Board Chairman, Overconfidence and Financial Decisions

机译:董事长特征,过度自信与财务决策研究

获取原文

摘要

Based on the theories of Upper Echelons and Irrational Mental, this article does research in the characteristics of board chairman and overconfidence;as well as the relationship about overconfidence and financing decisions.This article chooses samples from 2009 to 2011.We discover that the characteristics of board chairman are strongly related to overconfidence;overconfidence has significant correlation with investment decisions.In debt financing decisions, overconfidence is strongly correlated to debt financing decisions.In term financing decisions, the business tends to choose short-term debt.On the basis of overconfidence, this article makes suggestions about building financial accountability mechanism, internal control mechanism, reasonable organization restrict framework and risk defense mechanism, thus providing reference for the research in management overconfidence.
机译:本文基于高层和非理性心理的理论,对董事会主席和过度自信的特征以及过度自信与融资决策的关系进行了研究。本文选取了2009年至2011年的样本作为样本。董事长与过度自信密切相关;过度自信与投资决策密切相关;在债务融资决策中,过度自信与债务融资决策密切相关;在定期融资决策中,企业倾向于选择短期债务。 ,本文对建立财务问责机制,内部控制机制,合理的组织约束框架和风险防范机制提出了建议,为管理过度自信研究提供参考。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱:kefu@zhangqiaokeyan.com

京公网安备:11010802029741号 ICP备案号:京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有
  • 客服微信

  • 服务号