A Review of CEO Overconfidence Scholarship in Business and Finance: Past, Present, and Avenues for Future Research
这篇综述用文献计量方法分析了2005至2024年CEO过度自信的研究,梳理了关键主题和未来方向,对学者、政策制定者和从业者理解该领域并应对过度自信领导风险有参考价值。
ABSTRACT This study critically reviews the scholarship on CEO overconfidence from 2005 to 2024, analyzing its intellectual, social, and conceptual structures to identify key themes and future research directions using a bibliometric approach. The study finds that the Journal of Corporate Finance is the most influential in the field, with notable contributions from scholars in China, the United States, and the United Kingdom. Performance and conceptual analyses identify relevant concepts and niche, motor, basic, and emerging themes that suggest promising avenues for further research. This study enhances the understanding of the field's intellectual and social structures, enriches the theoretical discourse, and offers a foundation for future scholarly inquiries. The findings underscore the importance of addressing CEO overconfidence in corporate governance and strategic decision‐making. Policymakers and practitioners can utilize these insights to develop frameworks that mitigate the risks associated with overconfident leadership, particularly in contexts involving risk‐taking and investment decisions.