The overconfidence bias and CEO: A literature overview

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F17%3A00099327" target="_blank" >RIV/00216224:14560/17:00099327 - isvavai.cz</a>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

The overconfidence bias and CEO: A literature overview

Popis výsledku v původním jazyce

This systematic review deals the overconfidence bias. It is a cognitive bias which is described as the tendency of people to overestimate their abilities, prospects and chances of success. For the purpose of the research we chose to examine the influence of overconfidence bias on CEOs’ decision-making and their work in a company. The systematic review followed three main situations revealing CEOs’ overconfidence within a company – dividend policy, innovative processes and hiring new employees. According to the review of the literature, there is no obvious connection between CEOs’ overconfidence and a generous dividend policy. However, as for the innovative processes, it seems that overconfident CEOs are more willing to support a higher number of innovations. In the final situation, the literature does not yet provide decisive guidance on the relationship between CEOs’ overconfidence and the process of managing employees and hiring new ones.

Název v anglickém jazyce

The overconfidence bias and CEO: A literature overview

Popis výsledku anglicky

This systematic review deals the overconfidence bias. It is a cognitive bias which is described as the tendency of people to overestimate their abilities, prospects and chances of success. For the purpose of the research we chose to examine the influence of overconfidence bias on CEOs’ decision-making and their work in a company. The systematic review followed three main situations revealing CEOs’ overconfidence within a company – dividend policy, innovative processes and hiring new employees. According to the review of the literature, there is no obvious connection between CEOs’ overconfidence and a generous dividend policy. However, as for the innovative processes, it seems that overconfident CEOs are more willing to support a higher number of innovations. In the final situation, the literature does not yet provide decisive guidance on the relationship between CEOs’ overconfidence and the process of managing employees and hiring new ones.

Druh

J_ost - Ostatní články v recenzovaných periodicích

CEP obor

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OECD FORD obor

50204 - Business and management

Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2017

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Trendy v podnikání

ISSN

1805-0603

e-ISSN

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Svazek periodika

7

Číslo periodika v rámci svazku

2

Stát vydavatele periodika

CZ - Česká republika

Počet stran výsledku

7

Strana od-do

3-9

Kód UT WoS článku

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EID výsledku v databázi Scopus

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