CUHK Business School Research Reveals Companies with Exceptionally Confident CEOs Performed Better in the Stock Market During the Pandemic

HONG KONG SAR, Nov. 4 (Korea Bizwire) – Overconfidence, or the tendency to underestimate risk and overestimate returns, is often cited as a leading factor behind some of the biggest corporate failures in history, from the Enron scandal at the turn of the millennium, to the spectacular collapses of investment banks Bear Sterns and Lehman Brothers [...]