This study explores the effect of managerial overconfidence on the risk of a stock price crash. Results indicate that managerial overconfidence positively affects stock price crash risk. Importantly, internal controls can reduce this risk by curbing managerial overconfidence.

Introduction -- Behind the wall of silence -- Planet finance and the crash -- Going native -- Other people's money -- When the call comes -- Every man for himself -- Islands in the fog -- And now for some good news? -- Godverdomme -- Masters of the universe -- Life in the bubble -- 'Nobody likes...

This study investigates whether CEO Big Five personalities (i.e., agreeableness, conscientiousness, extraversion, neuroticism and openness) are associated with stock price crash risk. The Big Five can influence managerial behaviors to withhold or release bad news. When the amount of withheld...

This article sets out the development of the landmark case of former UCLA basketball star Ed O' Bannon who is suing the NCAA. O'Bannon questions the NCAA's bylaws and procedures regarding payment of student athletes. The pivotal question rests on the NCAA's use of athlete's name, image or...