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124018

The effect of managerial overconfidence on debt financing decisions of Egyptian listed companies: empirical study

Article

Last updated: 04 Jan 2025

Subjects

-

Tags

علوم المحاسبة وإدارة الأعمال

Abstract

Abstract This study aims at investigating the effect of managerial overconfidence on debt financing. Based on aconvenient sample of (125) companies drawn from Egyptian listed companies' qualified population for a period from (2012 to 2017) to constitute (750) firm observation. And depending on appropriate panel data regression model. The hypothesis test result indicates that managerial overconfidence positively affects debt financing. In other words, overconfident managers are more likely to depend on debt finance than less confident managers.

DOI

10.21608/zcom.2019.124018

Keywords

Managerial Overconfidence, Leverage, debt financing

Authors

First Name

أحمد محمد

Last Name

زاهر

MiddleName

-

Affiliation

قسم المحاسبة، کلية التجارة، جامعة الزقازيق، الزقازيق، مصر

Email

-

City

الزقازیق

Orcid

-

Volume

41

Article Issue

3

Related Issue

18275

Issue Date

2019-07-01

Receive Date

2019-05-08

Publish Date

2019-07-01

Page Start

27

Page End

48

Print ISSN

1110-7731

Online ISSN

2735-4512

Link

https://zcom.journals.ekb.eg/article_124018.html

Detail API

https://zcom.journals.ekb.eg/service?article_code=124018

Order

8

Type

تجاریة کل ما یتعلق بالعلوم التجاریة

Type Code

1,572

Publication Type

Journal

Publication Title

مجلة البحوث التجارية

Publication Link

https://zcom.journals.ekb.eg/

MainTitle

The effect of managerial overconfidence on debt financing decisions of Egyptian listed companies: empirical study

Details

Type

Article

Created At

23 Jan 2023