管理者过度自信的量化指标研究

摘要

With the rise of behavioral finance theory, overconfidence theory is attracting more and more attention. But the empirical research in this field is far lagging behind the theoretical research. The main reason is that the researchers are hard to find a feasible method to measure managers' overconfidence. In this article, the existing research on managers overconfidence quantitative indicators are summarized, and based on this, quantitative indicators suitable for China's actual situation are put forward.%随着行为财务理论的兴起，过度自信理论倍受人们的关注。而在这一类研究中，实证研究远远滞后于理论研究，其中的主要原因是研究者们难以找到一个可行的方法来度量管理者的过度自信。本文将对我国现有的关于管理者过度自信量化指标的研究做以梳理，并在此基础提出适合中国实际情况的量化指标。