Social Level and Overconfidence in Board of Directors
This paper empirically studies the relationship between social level and overconfidence in board of directors. The results show social levels positive correlation with overconfidence in the board of directors. Especially,the chairmen in board of directors play an important role,but in non-stateowned listed companies,the members in the board of directors play more significant role. Compared with the state-owned listed companies,the social level of board of directors in non-state-owned listed company is more likely to result in overconfidence. Exterior governance can play correction.
Board of directors Social level Overconfidence External governance
WEN Fang
School of Management, Xiamen University, P.R. China, 361005
国际会议
The Sixth International Symposium on Corporate Governance(第六届公司治理国际研讨会)
大连
英文
555-561
2011-08-20(万方平台首次上网日期,不代表论文的发表时间)