Over-confident CEOs can be unsafe for business
By: Team Ifairer | Posted: 20-10-2014
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A new study suggests that over-confident CEOs can involve their companies in riskier ventures and put investors' funds at risk. "Over-confident CEOs feel they have superior decision-making abilities and are more capable than their peers," Stephen Ferris, professor of finance in the University of Missouri Trulaske College of Business, said.