Choi, Hyung-Suk; Ferris, Stephen P.; Jayaraman, Narayanan; … - In: Advances in financial economics, (pp. 101-138). 2013
Purpose To determine what role overconfidence plays in the forced removal of CEOs internationally. Design/Methodology The study makes use of the Fortune Global 500 list. Findings We find that overconfident CEOs face significantly greater hazards of forced turnovers than their non-overconfident...
