CORPORATE GOVERNANCE MECHANISMS AND MANAGERIAL OPTIMISM

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

KHORRAMI DARIUSH; GHOLAMI JAMKARANI REZA

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: JOURNAL OF ACCOUNTING KNOWLEDGE Year:2017 | Volume:7 | Issue:27 Page(s): 159-182

Download Full-Text

Persian Verion

View:

1,829

Download:

Cites:

Information Journal Paper

Title

CORPORATE GOVERNANCE MECHANISMS AND MANAGERIAL OPTIMISM

Author(s)

KHORRAMI DARIUSH | GHOLAMI JAMKARANI REZA | Issue Writer Certificate

Keywords

CORPORATE GOVERNANCEQ2

BEHAVIORAL CORPORATE GOVERNANCEQ2

MANAGERIAL OPTIMISMQ2

MANAGERIAL OWNERSHIPQ2

BOARDQ2

Abstract

The purpose of this study is investigating the effects of CORPORATE GOVERNANCE mechanisms on MANAGERIAL OPTIMISM in the companies listed in the Tehran Stock Exchange, TSE. In previous studies on behavioral corporate finance, it was indicated that MANAGERIAL OPTIMISM can affect the decisions about company’s activity that may lead to decreasing value of the activities. In this study, the statistical population consists of the companies listed in the TSE, and based on the sampling condition, 125 companies in the period 2010 to 2014 were selected. The collected information from the sample was used in estimation modelling of multiple regressions.In the sample, the optimist managers were recognized by their proxies of earnings forecast and the number of optimistic forecasts to the number of total forecasts. The findings from multiple regression model showed that among a number of chosen mechanisms of CORPORATE GOVERNANCE, including MANAGERIAL OWNERSHIP, ownership concentration, and BOARD characteristics, which include non-duality, BOARD size and BOARD independence, only MANAGERIAL OWNERSHIP and BOARD independence may reduce the level of CEO’s optimism, and that the other variables have no significant effect on the dependent variable. In addition, it can be claimed that CORPORATE GOVERNANCE should move towards new role entitled as behavioral CORPORATE GOVERNANCE by recognition of behavioral bias.

Cites

No record.

References

No record.

Cite

APA: Copy

KHORRAMI, DARIUSH, & GHOLAMI JAMKARANI, REZA. (2017). CORPORATE GOVERNANCE MECHANISMS AND MANAGERIAL OPTIMISM. JOURNAL OF ACCOUNTING KNOWLEDGE, 7(27), 159-182. SID. https://sid.ir/paper/163330/en

Vancouver: Copy

KHORRAMI DARIUSH, GHOLAMI JAMKARANI REZA. CORPORATE GOVERNANCE MECHANISMS AND MANAGERIAL OPTIMISM. JOURNAL OF ACCOUNTING KNOWLEDGE[Internet]. 2017;7(27):159-182. Available from: https://sid.ir/paper/163330/en

IEEE: Copy

DARIUSH KHORRAMI, and REZA GHOLAMI JAMKARANI, “CORPORATE GOVERNANCE MECHANISMS AND MANAGERIAL OPTIMISM,” JOURNAL OF ACCOUNTING KNOWLEDGE, vol. 7, no. 27, pp. 159–182, 2017, [Online]. Available: https://sid.ir/paper/163330/en

Related Journal Papers