- Jul 15, 2021
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 Behavior, Journal of Management Accounting Research.