Managerial Overconfidence and Cost Behavior of R&D Expenditures

This study examines the impact of a CEO’s confidence level on decisions regarding research and development (R&D) expenditures. R&D is an important part of a company’s strategy for achieving long-term sustainable growth. However, due to its discretionary nature, so...

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Bibliographic Details
Main Authors: Kang Sung Hur, Dong Hyun Kim, Joon Hei Cheung
Format: Article
Language:English
Published: MDPI AG 2019-09-01
Series:Sustainability
Subjects:
D
Online Access:https://www.mdpi.com/2071-1050/11/18/4878