This paper examines financial professionals' overconfidence in their forecasting performance. We are the first to compare individual financial professionals' self-ratings with their true forecasting performance. Data spans several years at monthly frequency. The forecasters in our sample do not...

This paper examines financial professionals' overconfidence in their forecasting performance. We compare individuals' self-rating of performance with the true performance, both measured relative to the same peer group. The forecasters in our sample show overconfidence on average, although to a...

In this paper we compare the leadership behaviour of managers in Austria and the Czech Republic, employing the Vroom/Yetton situational leadership model. The model applies a methodology that is close-to-action in contrast to the collection of empirical data based on questionnaires, which target...

Dieser Beitrag untersucht, inwiefern die Beschäftigten im Prozess der Digitalisierung aus der Perspektive von Personalverantwortlichen berücksichtigt werden. In diesem Kontext werden neben den seit Jahrzehnten thematisierten psychischen Beanspruchungen im Arbeitsumfeld zusätzlich die durch...

Social Darwinism suggests that in crisis situations leaders have to be replaced by better fitting leaders. An opposing school argues that leaders, based on their personality, are successful in all situations and therefore can master all situations including a crisis. A third view concludes that...