Sökning: "Olivia Wasniewski"

Hittade 1 uppsats innehållade orden Olivia Wasniewski.

  1. 1. Do Female Directors Limit CEOs' Irrational Decisions A quantitative study from a behavioral point of view

    D-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Författare :Olivia Wasniewski; [2011]
    Nyckelord :behavioural finance; overconfidence; cash flow sensitivity of investment; corporate governance; gender;

    Sammanfattning : Previous studies in behavioral corporate finance have shown that various decisions on company level are affected by different psychological biases of those running the businesses, resulting in irrational corporate behavior. One commonly studied bias is managerial overconfidence, and one effect that it has shown to have is to increase the cash flow sensitivity of investment. LÄS MER