ارتباط بین بیش‌اطمینانی مدیریت، تأمین مالی داخلی و کارایی سرمایه‌گذاری

ابراهیمی، سیدکاظم؛ سربازی آزاد، صادق. (1396). تأثیر اطمینان بیش از حد مدیریت بر مدیریت سود مبتنی بر اقلام تعهدی. مدیریت دارایی و تأمین مالی، 5(3)، 116-105.

بادآورنهندی، یونس؛ تقی‌زاده خانقاه، وحید. (1393). ارتباط بین برخی مکانیزم‌های حاکمیت شرکتی و کارآیی سرمایه‌گذاری در مراحل چرخة عمر. دانش حسابداری، 5(18)، 140-113.

برادران حسن‌زاده، رسول. تقی‌زاده خانقاه، وحید. (1397). تأثیر استراتژی متنوع‌سازی شرکتی بر خطر سقوط قیمت سهام با تأکید بر هزینه‌های نمایندگی. دانش حسابداری، 9(32)، 90-63.

تقی‌زاده خانقاه، وحید؛ بادآور نهندی، یونس؛ متقی، علی‌اصغر؛ تقی‌زاده، هوشنگ. (1398). ارائه مدل سنجش کارایی سرمایه‌گذاری شرکت در بورس اوراق بهادار تهران. تحقیقات مالی، 21(2)، 264-237.

تقی‌زاده خانقاه، وحید. زینالی، مهدی. (1395). بررسی تأثیر مسئولیت‌پذیری اجتماعی شرکت‌ها بر کارایی سرمایه‌گذاری و نوآوری. حسابداری سلامت، 5(2)، 27-1.

چاوشی، کاظم؛ رستگار، محمد؛ میرزائی، محسن. (1394). بررسی رابطه اطمینان بیش از حد مدیران و انتخاب سیاست‌های تأمین مالی در شرکت‌های پذیرفته‌شده در بورس اوراق بهادار تهران. دانش مالی تحلیل اوراق بهادار، 8(25)، 41-29.

عباسی، ابراهیم؛ وکیلی‌فرد، حمیدرضا؛ معروف، مرتضی. (1397). بررسی تأثیر بیش‌اطمینانی مدیریتی بر کیفیت گزارشگری مالی و محافظه‌کاری شرطی در بورس تهران. دانش حسابداری و حسابرسی مدیریت، 7(25)، 193-206.

مهربان‌پور، محمدرضا؛ محمدی، منصور؛ رجب بیکی، محمدعلی. (1396). بررسی رابطه بین بیش‌اطمینانی مدیران و کنترل‌های داخلی حاکم بر گزارشگری مالی. دانش حسابداری، 8(31)، 139-119.

 

References

Abbasi, E., Vakilifard, H., Marouf, M. (2018). The effect of managerial overconfidence on the quality of financial reporting and conditional conservatism, in Tehran Stock Exchange. Journal of Accounting and management Auditing Knowledge, 7(25), 206-193 [In Persian].

Adam, T.R., Feranandom CH., Golubevam E. (2015). Managerial overconfidence and corporate risk management. Journal of Banking & Finance, 60, 195-208.

Ahmed, A.S., S. Duellman. (2013). Managerial overconfidence and accounting conservatism. Journal of Accounting Research, 51(1), 1-30.

Alicke, M.D. (1985). Global self-evaluation as determined by the desirability and controllability of trait adjectives. Journal of Personality and Social Psychology, 49(1), 1621–1630.

Badavar Nahandi, Y., Taghizadeh Khanqah, V. (2014). The relationship between some corporate governance mechanisms and investment efficiency in life cycle stages. Journal of Accounting Knowledge, 5(18), 113-140 [In Persian].

Baker, M., Wurgler, J. (2000). The equity share in new issues and aggregate stock returns. The Journal of Finance, 55(5):2219-2257.

Baradaran Hassanzadeh, R., Taghizadeh Khanqah, V. (2018). Impacts of company diversification strategy on crash risk of stock price with emphasis on agency costs. Journal of Accounting Knowledge, 9(32), 63-90 [In Persian].

Barros, L.A.B., Silveira, A.D.M. (2007). Overconfidence, managerial optimism and the determinants of capital structure. www.SSRN.com.

Bates, T.W. (2005). Asset sales, investment opportunities, and the use of proceeds. Journal of Finance, 60(1), 105-135.

Ben-David, I., Graham, J.R., Harvey, C.R. (2007). Managerial overconfidence and corporate policies. Nber Working Paper, https://www.nber.org/papers/w13711.

Biddle, G.C., Hilary, G., Verdi, R.S. (2009). How does financial reporting quality relate to investment efficiency? Journal of Accounting and Economics, 48(2), 112-131.

Camerer, C., Dan, L. (1999). Overconfidence and excess entry: an experimental approach. American Economic Review, 89(1), 306-318.

Chavoshi, K., Rastegar, M., Mirzaee, M. (2015). Examination of the relation between managerial overconfidence and financing policies in Tehran Stock Exchange. Financial Knowledge of Securities Analysis, 8(25), 29-41 [In Persian].

Chen, C., Young, D., Zhuang, Z. (2013). Externalities of mandatory ifrs adoption: evidence from cross-border spillover effects of financial information on investment efficiency. The Accounting Review, 88(3), 881-914.

Chen, F., Hope, O.K., Li, Q., Wang, X. (2011). Financial reporting quality and investment efficiency of private firms in emerging markets. The Accounting Review, 86(4), 1255-1288.

Deshmukh, S., Goel, A.M., Howe, K.M. (2013). CEO overconfidence and dividend policy. Journal of Financial Intermediation, 22(3), 440–463.

Ebrahimi, S.K. Sarbazi Azad, S. (2017). Investigating the effect of managerial overconfidence and accrual-based earnings management. Journal of Accounting Knowledge, 5(3), 105-116 [In Persian].

Goel, A.M., Thakor, A.V. (2008). Overconfidence, CEO selection, and corporate governance. Journal of Finance, 63(6), 2737–2784.

Graham J.R., Harvey, C.R. (2001). The theory and practice of corporate finance: evidence from the field. Nankai Business Review, 60(2–3), 187-243.

Hall, S.C. (2002). Predicting financial distress. Journal of Financial Service Professionals, 26(2), 184-199.

He, Y., Chen, Hu, Y. (2019). Managerial overconfidence, internal financing, and investment efficiency: evidence from China. Research in International Business and Finance, 47, 501-510.

Heaton, J.B. (2002). Managerial optimism and corporate finance. Financial Management, 31(2), 33-45.

Lai, S., Liu, CH.L. (2018). Management characteristics and corporate investment efficiency. Asia-Pacific Journal of Accounting & Economics, 25(3-4), 295-312.

Larwood, L., Whittaker, W. (1977). Managerial myopia: Self-serving biases in organizational planning. Journal of Applied Psychology, (62), 194-198.

Li, W.L., Xie, G.L., Hao, J.Y. (2014). The empirical study on the influence of managerial overconfidence on overinvest behavior. Journal of Shanxi Finance and Economics University, (10), 76-86.

Malmendier, U., Tate, G. (2008). Who makes acquisitions? CEO overconfidence and the market's reaction. Journal of Financial Economic, 89(1), 20-43

Malmendier, U., Tate, G., Yan, J. (2011). Overconfidence and early‐life experiences: The effect of managerial traits on corporate financial policies. Journal of Finance, 66(5), 1687 - 1733.

Mehrabanpour, M., Mohammadi, M., Rajabbeyki, A. (2017). Relationship between managerial overconfidence and internal controls over financial reporting. Journal of Accounting Knowledge, 8(31), 119-139 [In Persian].

Moez, E.G., Amina, Z. (2018). Overinvestment of free cash flow and manager’s overconfidence. International Business Research, 11(3), 48-57.

Myers, S.C. (1977). Determinants of corporate borrowing. Journal of Financial Economics, 5, 147–175.

Myers, S.C. (1984). The capital structure puzzle. Journal of Finance, 39(3), 575–592.

Renneboog, L., Simons, T., Wright, M. (2007). Why do public firms go private in the UK? The impact of private equity investors, incentive realignment and undervaluation. Journal of Corporate Finance, 13(4), 591-628.

Richardson, S. (2006). Over-investment of free cash flow. Review of Accounting Studies, 11(2-3), 159-189.

Roll, R. (1986). The hubris hypothesis of corporate takeovers. Journal of Business, 59(59), 197-216.

Schumpeter, J.A. (1942). Cost and demand functions of the individual firm. American Economic Review, 32(1), 129-153.

Shefrin, H. (2001). Behavioral corporate finance. Journal of Applied Corporate Finance, 14(3), 113-124.

Taghizadeh, V., Badavar Nahandi, Y., Mottagi, A.A., Taghizadeh, H. (2019). Presentation of firm's investment efficiency measurement model in Tehran Stock Exchange. Financial Research Journal, 21(2), 237-264 [In Persian].

Taghizadeh, V., Zeynali, M. (2017). Investigating the effect of corporate social responsibility on the investment efficiency and innovation. Journal of Health Accounting, 5(2), 1-27 [In Persian].

Wang, X., Zhang, M. Yu, F. (2009). Managerial overconfidence and over-investment: Empirical evidence from China. Frontiers of Business Research in China, 3(3), 453-469.

Xia, W., Min, ZH., Fusheng, Y. (2009). Managerial overconfidence and over investment: Empirical evidence from China. Frontiers of Business Research in China, 3(3), 453-469.

Xie, J. (2015). CEO career concerns and investment efficiency: Evidence from China. Emerging Markets Review, 24, 149-159.

Xin, Q., Lin, B., Wang, Y.C. (2007). Government control, executive compensation and capital investment. Economic Research Journal, (8), 110-122.