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Browsing NU Research Week: abstracts by Author "Hsu1, C."

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Can two biases be better than none? complementarity between CEO overconfidence and accounting conservatism

Hsu1, C.; Novoselov, K.; Wang, R. (Nazarbayev University, 2014)

We study the joint effect of CEO overconfidence and accounting conservatism on firm performance and value. Successful innovation involves trial and error. An overconfident CEO is more willing to initiate daring investment ...