%0 Journal Article
%T Weakening Effect of Executive Overconfidence on Equity Incentive¡ªThe Empirical Evidence from Chinese Listed Companies
%A Sunyu Chen
%J Open Journal of Business and Management
%P 151-166
%@ 2329-3292
%D 2019
%I Scientific Research Publishing
%R 10.4236/ojbm.2019.71011
%X <div style=\"text-align:justify;\">
	The paper takes Chinese listed companies from 2010 to 2016 as samples, to examine the relationship between executive overconfidence and equity incen-tive. Results show that executive overconfidence has a significant weakening effect on equity compensation incentives (including stock options and re-stricted stocks), that is, compared with rational executives, the company will reduce the equity incentives for overconfident executives.
</div>
%K Executive Overconfidence
%K Equity Incentives
%K Risk
%U http://www.scirp.org/journal/PaperInformation.aspx?PaperID=89725