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CFO Overconfidence and Cost Behavior

  • Jul 15, 2021
CFO Overconfidence and Cost Behavior

 

Professor Steve Wu and his team of researchers examine a CFO’s overconfidence and its effect on the firm’s resource adjustment decisions. Finding a positive relationship between a CFOs overconfidence and a reluctance for costs to change (cost stickiness). Check out their full findings below.

 

Chen, C.X., Nasev, J., Wu, S., 2021, CFO Overconfidence and Cost BehaviorJournal of Management Accounting Research