List of Articles بیش اعتمادی مدیران

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  1 - Managerial Overconfidence and Earnings Overstatement
  Solaleh NasiriPour Dori Bahman Banimahd Hamid Ahmadzadeh
  The main objective of this study is to investigate the relationship between earnings management and managerial overconfidence in listed firms on the Tehran Stock Exchange. This study has attempted to answer the question as to whether that overconfidence from the chief e More

  The main objective of this study is to investigate the relationship between earnings management and managerial overconfidence in listed firms on the Tehran Stock Exchange. This study has attempted to answer the question as to whether that overconfidence from the chief executive officer can impact firm's earnings management. To answer the question of this study, we have investigated 915 year-firm observations from listed firms on Tehran Stock Exchange from 2004-2014. Data analysis and hypothesis testing was performed by using binary logistic regression. The results confirmed that as managerial overconfidence increased, then the earnings overstatement will increases. In addition, the results indicated that there is a significant and negative correlation between debt ratio and size of the firms with maximization of earnings management. Manuscript profile
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  2 - The relationship between managers' overconfidence, inflation uncertainty and overinvestment
  reza Gholami Jamkarani rahman aali
  The purpose of this research is to investigate the relationship between managers' overconfidence, uncertainty about inflation and overinvestment. In order to achieve this goal, 136 companies from the research community were selected as the sample using a screening metho More

  The purpose of this research is to investigate the relationship between managers' overconfidence, uncertainty about inflation and overinvestment. In order to achieve this goal, 136 companies from the research community were selected as the sample using a screening method and examined during the period of 1390-1394. In order to measure the managers' excessive trust in the excessive managerial trust index, for uncertainty about inflation the future changes in the general level of prices and for the overinvestment than the difference (as the remainder of the regression) between the real level of investment and the estimated level of investment are used. The hypotheses of the research were based on multiple regressions using the compiled data. The results indicate that there is significant relationship between managers' overconfidence, uncertainty about inflation and over investment Manuscript profile
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  3 - Test inflation uncertainty and overinvestment with emphasis on managerial overconfidence
  Mehdi Alinezhad Saroukolayi Zabihollah Taheri Keyvan Akbarpour
  Investment is one of the most important and effective factors on growth and development of economy. Shareholders and stakeholders expect managers to recognize the best investment opportunities to achieve the ideal efficiency. In this research, investment by the listed f More

  Investment is one of the most important and effective factors on growth and development of economy. Shareholders and stakeholders expect managers to recognize the best investment opportunities to achieve the ideal efficiency. In this research, investment by the listed firms in Tehran Stock Exchange is studied considering fluctuations in inflation and the effect of managers overconfidence as two factors. The research population consists 193 companies from 2011 – 2015. To test overinvestment, In this research employed Bidel et al (2009) model. The results show that fluctuation in inflation has no effect on overinvestment. Also, it shows that managers overconfidence has direct and meaningful impact on overinvestment. Moreover, managers overconfidence is an effective factor on inflation and overinvestment.     Manuscript profile
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  4 - The Effect Of Financial statement comparability on corporate debt maturity with emphasis on the role of Managers’ Overconfidence
  Hengameh veysizadeh Allah Karam Salehi
  10.30486/fbra.2021.1933854.1015
  Comparability is also one of the key quality features of accounting information that facilitates the comparison of financial statements, comparability in the capital market and debt is very important for investors and creditors; Because investment and lending decisions More

  Comparability is also one of the key quality features of accounting information that facilitates the comparison of financial statements, comparability in the capital market and debt is very important for investors and creditors; Because investment and lending decisions are based on evaluating alternative opportunities or projects, without this comparable information, no optimal decision can be made. Due to the importance of this issue, in this study, the effect of comparability of financial statements on debt maturity structure with emphasis on the role of managers' overconfidence in the Tehran Stock Exchange in the period 2014 to 2020 using the information of 144 companies using the generalized least squares and generalized moment procedure regression has been investigated. The research method is applied, descriptive and with deductive-inductive approach. To measure the comparability of financial statements, the model of De Franco et al. (2011) and following the research of Ahmed and Duellman (2013) to measure managers' overconfidence, over-investment has been used. The results using both methods show that the comparability of financial statements reduces the debt maturity structure and managers' overconfidence leads to an increase in the debt maturity structure. Managers' overconfidence also increases the negative relationship between the comparability of financial statements and debt maturity structure and increases its severity. Manuscript profile
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  5 - تاثیر کیفیت گزارشگری مالی بر بیش اعتمادی مدیران در شرکتهای پذیرفته شده در بورس اوراق بهادار تهران
  بهزاد قربانی اعظم عزیزی
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  6 - The effect of managers' overconfidence on the possibility of financial crises
  Ali Nemati
  abstract :The effect of managers' overconfidence on the possibility of financial crisesIn this study, the relationship between the Managerial overconfidence and Financial distress like lihoood is examined. The research sample consists of 185 firms listed in Tehran Stock More

  abstract :The effect of managers' overconfidence on the possibility of financial crisesIn this study, the relationship between the Managerial overconfidence and Financial distress like lihoood is examined. The research sample consists of 185 firms listed in Tehran Stock Exchange during 1389 to 1393 and in the period studied by systematic elimination method was studied. To review hypothesis of research, logistic regression model was used. The results of this study show that in the period studied, Managerial overconfidence and Financial distress likelihoood and there is a significant positive relationship. In other words, the Managerial overconfidence in firms is increasing the financial distress likelihood. In other words, Managerial overconfidence, increasing the Financial distress likelihoood in the firms. The effect of Managerial overconfidence, on the Financial distress likelihoood is significant at 95 percent confidence level. The results show that the life of the company depends on the ability of company managers and the satisfaction of a wide range of related groups of the companyKeywords: Managerial overconfidence, Financial distress likelihoood, Profitability Ratio, logistic regression Manuscript profile
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  7 - تاثیر بیش اعتمادی مدیران برساختار سرمایه
  مهدی علی نژاد سارو کلایی مریم صبحی
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  8 - Investigating the effect of managers 'distrust and double investment on companies' financial distress
  Houshang Alipour Reza Tehrani Aboutorab Alirezaei Ghanbar Abbaspour Esfadan
  The purpose of this study was to investigate the relationship between managers' Overconfidence and Overinvestment on bankruptcy of listed companies in Tehran Stock Exchange. In this Study, to measure the managers' more trust, the profit margin criteria of each share wer More

  The purpose of this study was to investigate the relationship between managers' Overconfidence and Overinvestment on bankruptcy of listed companies in Tehran Stock Exchange. In this Study, to measure the managers' more trust, the profit margin criteria of each share were used with real profits, average capital expenditures and surplus investment in assets, and the number of 122 companies in the period of 1396-1390 as a statistical sample has been selected. The findings of the research show that there is a positive and significant relationship between managers' Overconfidence and Bankruptcy. In general, the results from the hypotheses suggest that managers more than trust the ability to assess their abilities, meaning that the more people have more information about or have some knowledge of, they will increase their optimism. If these people are involved in or contributing to the project, the results are less optimistic and the risk of the project less realistic and the projects on which they invest heavily, the units of investment with the net negative value projects that ultimately bring the company's capital to They waste. Consequently, companies may have fewer cash flows to deal with sudden accidents leading to bankruptcy. The effect of Overinvestment has also been positively assessed on the bankruptcy of companies. Manuscript profile