The Relation between the CEO’s Behavior and Corporate Diversification
碩士 === 元智大學 === 財務金融學系 === 97 === This dissertation demonstrates how the overconfident chief executive officer’s behavior involves in the company operation. The data include those companies which listed in New York Stock Exchange (NYSE) from 1992 to 2007. The overconfident measurement is estimated b...
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ndltd-TW-097YZU053040162016-05-04T04:17:08Z http://ndltd.ncl.edu.tw/handle/25325101129187509830 The Relation between the CEO’s Behavior and Corporate Diversification 執行長與公司多角化之間的關係 Wei-Hao Tang 唐唯皓 碩士 元智大學 財務金融學系 97 This dissertation demonstrates how the overconfident chief executive officer’s behavior involves in the company operation. The data include those companies which listed in New York Stock Exchange (NYSE) from 1992 to 2007. The overconfident measurement is estimated by the number of positive changes in the CEO’s shareholding value. I find that there is higher likelihood for the overconfident CEO with more cash flow to diversify their company. Besides, the overconfident one prefer the different two-digit SIC code diversification to the related diversification but this evidence is not robust. The last finding is the nonlinear influence of the overconfident CEO on the firm’s value. The moderate overconfident one benefit the firm but extreme ones don’t. 沈仰斌 2009 學位論文 ; thesis 45 zh-TW |
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碩士 === 元智大學 === 財務金融學系 === 97 === This dissertation demonstrates how the overconfident chief executive officer’s behavior involves in the company operation. The data include those companies which listed in New York Stock Exchange (NYSE) from 1992 to 2007. The overconfident measurement is estimated by the number of positive changes in the CEO’s shareholding value. I find that there is higher likelihood for the overconfident CEO with more cash flow to diversify their company. Besides, the overconfident one prefer the different two-digit SIC code diversification to the related diversification but this evidence is not robust. The last finding is the nonlinear influence of the overconfident CEO on the firm’s value. The moderate overconfident one benefit the firm but extreme ones don’t.
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沈仰斌 |
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沈仰斌 Wei-Hao Tang 唐唯皓 |
author |
Wei-Hao Tang 唐唯皓 |
spellingShingle |
Wei-Hao Tang 唐唯皓 The Relation between the CEO’s Behavior and Corporate Diversification |
author_sort |
Wei-Hao Tang |
title |
The Relation between the CEO’s Behavior and Corporate Diversification |
title_short |
The Relation between the CEO’s Behavior and Corporate Diversification |
title_full |
The Relation between the CEO’s Behavior and Corporate Diversification |
title_fullStr |
The Relation between the CEO’s Behavior and Corporate Diversification |
title_full_unstemmed |
The Relation between the CEO’s Behavior and Corporate Diversification |
title_sort |
relation between the ceo’s behavior and corporate diversification |
publishDate |
2009 |
url |
http://ndltd.ncl.edu.tw/handle/25325101129187509830 |
work_keys_str_mv |
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