Effects of CEO overconfidence and ESG disclosure on cost of equity capital

Simple item page
dc.contributorGraduate Program in Management.
dc.contributor.advisorCoşkun, Ali.
dc.contributor.advisorAkyıldırım, Erdinç.
dc.contributor.authorZengin, Alperen.
dc.date.accessioned2023-03-16T12:13:27Z
dc.date.available2023-03-16T12:13:27Z
dc.date.issued2022.
dc.description.abstractIn this thesis, the relationship between investors’ perception of overconfident chief executive officers (CEOs) and their firms’ suitability for the environmental, social, and governance (ESG) criteria has been analyzed and searched for the effects of these two factors on the cost of equity (CoE) capital of firms. Overconfident CEOs are considered risk lovers, and their confidence level affects a company’s strategic decision, which causes a higher CoE capital. Fundamental statistical relations from the first part of this paper also show that ESG disclosure levels of companies managed by overconfident CEOs also support this risk-lover assumption. In the second part of the paper, the joint effect of CEO overconfidence and negative ESG disclosure amplifies the high-cost equity phenomena.
dc.format.extent30 cm.
dc.format.pagesx, 28 leaves ;
dc.identifier.otherAD 2022 Z46
dc.identifier.urihttps://digitalarchive.library.bogazici.edu.tr/handle/123456789/16727
dc.publisherThesis (M.A.) - Bogazici University. Institute for Graduate Studies in Social Sciences, 2022.
dc.subject.lcshChief executive officers.
dc.subject.lcshNarcissism.
dc.subject.lcshEntrepreneurship.
dc.titleEffects of CEO overconfidence and ESG disclosure on cost of equity capital

Files

Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
b2776765.037350.001.PDF
Size:
719.43 KB
Format:
Adobe Portable Document Format
Download

Collections

M.A. Theses