CEO overconfidence and leverage ratio: evidence from the founder members of Mila
The study investigates the impact of the managerial overconfidence bias on the capital structure of a sample of 78 firms from Chile, Peru and Colombia, during the years 1996-2014. We infer that there is a positive relation between the leverage ratio and a) the overconfidence; b) the experience and c...
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Format: | masterThesis |
Language: | eng |
Published: |
2016
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Online Access: | http://hdl.handle.net/10362/16782 |
Country: | Portugal |
Oai: | oai:run.unl.pt:10362/16782 |