Impact of the characteristics of CEO's overconfidence on the determination of incentive compensation
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2016-11-18 
https://doi.org/10.14419/ijaes.v4i2.6762
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Overconfidence CEO, CEO's Age, CEO's Experience, Incentive Compensation. -
Abstract
The aim of this article is to examine the impact of the characteristics of overconfident CEO's on determining incentive compensation. The sample consists of 100 US non-financial companies in the S&P 500. The model estimation results, during the period from 2000 to 2010, showed that overconfident executives have a significant negative impact on his incentive compensation. Furthermore, the results of multiple linear regression showed that experienced, and older CEO has a significant and positive impact on the level of incentive compensation.
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How to Cite
Lenda, H., & BOURI, A. (2016). Impact of the characteristics of CEO’s overconfidence on the determination of incentive compensation. International Journal of Accounting and Economics Studies, 4(2), 157-167. https://doi.org/10.14419/ijaes.v4i2.6762Received date: 2016-09-17
Accepted date: 2016-10-29
Published date: 2016-11-18