Managerial optimism and the impact of cash flow sensitivity on corporate investment: The case of Greece

Purpose - The existence of optimism as a personal psychological characteristic of managers is a necessity in contemporary economy and decision making, although the phenomenon of over-optimism may lead to unfavourable outcomes. The purpose of this study is to examine the optimism bias and its impac...

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Bibliographic Details
Main Authors: Dimitrios I. Maditinos, Alexandra V. Tsinani, Željko Šević
Format: Article
Language:English
Published: Eastern Macedonia and Thrace Institute of Technology 2015-10-01
Series:International Journal of Business and Economic Sciences Applied Research
Subjects:
Online Access:http://ijbesar.teiemt.gr/docs/volume8_issue2/managerial_optimism.pdf