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.

Introduction -- Personality and Risk-Taking Behavior -- Examination of the effects of the personality traits and risk taking factors of entrepreneurs in tdzs on innovation -- Conclusion and discussion -- Index.

Situational strength theory has been used as a theoretical underpinning of person–situation processes that are linked to job performance. Accordingly, the link between personality traits and job performance increases in weak situations. Building on this research, similar mechanisms have been...