文章基本信息

标题：The effect of CEO overconfidence on bank risk taking
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作者：Jijun Niu
期刊名称：Economics Bulletin
电子版ISSN：1545-2921
出版年度：2010
卷号：30
期号：4
页码：3288-3299
出版社：Economics Bulletin
摘要：Recent studies document that some CEOs are overconfident. In this note, we examine the effect of CEO overconfidence on bank risk taking. We measure CEO overconfidence using press data, and bank risk taking using the standard deviation of stock returns. Controlling for a number of CEO-and bank-specific variables, we find that banks managed by overconfident CEOs take more risk