Liang, Quanxi; Ling, Leng; Tang, Jingjing; Zeng, Haijian; … - In: China Finance Review International 10 (2019) 3, pp. 271-296
Purpose: The purpose of this paper is to empirically analyze whether and how managerial overconfidence affects stock price crash risk. Design/methodology/approach: Based on a large sample of Chinese non-state-owned firms from 2000 to 2012, this study employs methods including multiple linear...