Publication:
Managerial overconfidence and leverage decision. The moderating effect of human governance in Malaysia

dc.citedby2
dc.contributor.authorTing I.W.K.en_US
dc.contributor.authorAzizan N.A.B.en_US
dc.contributor.authorKweh Q.L.en_US
dc.contributor.authorid57211409300en_US
dc.contributor.authorid55214819000en_US
dc.contributor.authorid55661469500en_US
dc.date.accessioned2023-05-29T06:13:56Z
dc.date.available2023-05-29T06:13:56Z
dc.date.issued2016
dc.description.abstractThis paper examines the firm's leverage decision from new perspectives, namely managerial overconfidence and human governance. The balanced panel sample covers Malaysian public listed companies from 2002 to 2011. The objectives of this study are to investigate the relationship between managerial overconfidence and its moderating effect on the relationship between CEO personal characteristics and firm leverage decisions. The findings are as follows: 1) CEO overconfidence, age and prior experience are significantly negative related to leverage; 2) The higher the education, the higher the debts; 3) CEO tenure is significantly positive related to leverage; 4) The higher the overconfidence level in presence of their age, the more the debts; 5) Firm leverage is lower when CEO with higher educational degree has higher confidence level. The result of the paper can fill the gap in the literature on the managerial overconfidence and its relationship with leverage decision of Malaysian public listed companies. Copyright � 2016 Inderscience Enterprises Ltd.en_US
dc.description.natureFinalen_US
dc.identifier.doi10.1504/JGBA.2016.074894
dc.identifier.epage51
dc.identifier.issue1
dc.identifier.scopus2-s2.0-84959465851
dc.identifier.spage38
dc.identifier.urihttps://www.scopus.com/inward/record.uri?eid=2-s2.0-84959465851&doi=10.1504%2fJGBA.2016.074894&partnerID=40&md5=417be1153675c6983b6523a6e4629160
dc.identifier.urihttps://irepository.uniten.edu.my/handle/123456789/22984
dc.identifier.volume9
dc.publisherInderscience Publishersen_US
dc.sourceScopus
dc.sourcetitleJournal for Global Business Advancement
dc.titleManagerial overconfidence and leverage decision. The moderating effect of human governance in Malaysiaen_US
dc.typeConference Paperen_US
dspace.entity.typePublication
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