Managerial confidence and corporate investment - The study of listed companies on Ho Chi Minh stock exchange (HOSE)
dc.contributor.advisor | Anh, Phan Ngoc | |
dc.contributor.author | Trang, Tran Ngoc Thuy | |
dc.date.accessioned | 2019-07-06T05:56:16Z | |
dc.date.available | 2019-07-06T05:56:16Z | |
dc.date.issued | 2018 | |
dc.identifier.other | 022003820 | |
dc.identifier.uri | http://keep.hcmiu.edu.vn:8080/handle/123456789/3099 | |
dc.description.abstract | The main purpose of this paper is to test the effect of managerial confidence on investment decisions. By examining 269 Vietnamese listed companies in five different industries, which is collected from 2012 to 2016, I suggest a new approach of managerial confidence level, which is based on the firm-specific score developed by Schrand and Zechman (2012), and find that the investment-cashflow sensitivity in constrained firms is larger for more-confident managers than non-confident managers. Keywords: Managerial confidence; Investment; Financing constrained firms. | en_US |
dc.language.iso | en_US | en_US |
dc.publisher | International University - HCMC | en_US |
dc.subject | Management -- Investment | en_US |
dc.title | Managerial confidence and corporate investment - The study of listed companies on Ho Chi Minh stock exchange (HOSE) | en_US |
dc.type | Thesis | en_US |