Does overconfidence pay off when things go well? CEO overconfidence, firm performance, and the business cycle:

Tomas Reyes,Roberto Vassolo,Edgar E. Kausel,Diamela Peña Torres,Stephen X. Zhang

Does overconfidence pay off when things go well? CEO overconfidence, firm performance, and the business cycle:

2020

Tomas Reyes
Roberto Vassolo
Edgar E. Kausel
Diamela Peña Torres
Stephen X. Zhang

We investigate the moderating effect of the business cycle on the positive relationship between CEO overconfidence and firm performance. We propose that the expansion years of the business cycle en...

Keywords:

Business cycle
positive relationship
Recession
Economics
Marketing
Overconfidence effect
Monetary economics

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