Overconfidence and Investment Decisions in Nepalese Stock Market
نویسندگان
چکیده
منابع مشابه
Overconfidence , Investment Policy , and Executive Stock Options ∗
Managers make decisions on behalf of shareholders. In this context, financial economists have promoted executive stock options as a means to realign the incentives of managers with those of shareholders. We argue that overconfidence and optimism, which are likely to characterize managers, provide an alternative solution to this agency problem. Whereas risk-averse rational managers tend to postp...
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ژورنال
عنوان ژورنال: PYC Nepal Journal of Management
سال: 2019
ISSN: 2091-0258
DOI: 10.3126/pycnjm.v12i1.30583