The Impact of Managerial Compensation on Overconfidence: Based on Empirical Evidence of the Shenzhen A-share Listed Companies

DOI

10.2991/itms-15.2015.95How to use a DOI?

Keywords

Management Compensation; Overconfidence; The Process of Marketization.

Abstract

Base on the sample of A-share listed companies of Shenzhen in China from 2007 to 2012, this article uses the random effect model to examine the impacts of managerial compensation on overconfidence and found that: managerial compensation has a positive effect on their overconfidence. Compared with non-state-owned listed companies, enhancing management compensation of state-owned listed companies more easily lead to overconfidence.

Copyright

© 2015, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Shengqiang Liu
PY  - 2015/11
DA  - 2015/11
TI  - The Impact of Managerial Compensation on Overconfidence: Based on Empirical Evidence of the Shenzhen A-share Listed Companies
BT  - Proceedings of the 2015 International Conference on Industrial Technology and Management Science
PB  - Atlantis Press
SP  - 401
EP  - 404
SN  - 2352-538X
UR  - https://doi.org/10.2991/itms-15.2015.95
DO  - 10.2991/itms-15.2015.95
ID  - Liu2015/11
ER  -