Schreiber, Nicolas; Schiereck, Dirk; Schweizer, Denis - 2022
important role in negotiations, nonetheless activism research mainly focuses on CEOs. We examine the relationship between CFO … activists take CFO overconfidence into account when deciding to invest in a firm with firms managed by overconfident CFOs being … significantly less likely to get targeted. These effects increase with the strength of CFO overconfidence and persist for different …