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The rapidly expanding digital economy drives the enterprise's digital transformation. This study examines the influence of CEO overconfidence on enterprise digital transformation from a behavioral finance approach. We discovered that (1) CEO overconfidence significantly and positively...
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We examine whether firms engage in classification shifting to meet performance targets during mergers and restructuring. Using a sample of listed firms that complete major asset restructuring and sign performance commitment agreements from 2008 to 2019, we find that during the commitment period,...
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