Traditional finance has developed based on two fundamental assumptions, including the expected utility theory and rational choice or decision. However, this hypothesis has been criticized heavily by put forward that are not realistic enough. The basis of behavioral finance theory is based on the...

In this study it is examined the effect of managerial overconfidence on financial decisions. The financial decisions that into account in this research are consist of capital structure, investment and dividend payment. Survey method was used for data collection purpose. The survey contains...