Title of article
The joint effect of CEO overconfidence and corporate social responsibility discretion on cost of equity capital
Author/Authors
Madanipour ، Masoud Basir Abyak Institute of Higher Education , Saeedi ، Mojgan Basir Institute of Higher Education
From page
46
To page
63
Abstract
The purpose of this study is the joint effect of CEO overconfidence and corporate social responsibility discretion on cost of equity capital of companies listed on the Tehran Stock Exchange. The statistical sample includes 82 companies during the period 2010 to 2019. The hypothesis test was performed using linear regression and Ives software. The results showed that the CEO ’s excessive self-confidence has an inverse effect on the company ’s social responsibility but the company ’s social responsibility does not have a significant effect on the company ’s stock capital cost and also the CEO ’s excessive confidence has an inverse relationship between corporate social responsibility and stock capital cost It does not strengthen the company.
Keywords
CEO overconfidence , corporate social responsibility , Cost of Equity Capital
Journal title
New Applied Studies in Management, Economics & Accounting (NASMEA)
Journal title
New Applied Studies in Management, Economics & Accounting (NASMEA)
Record number
2774141
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