CEO gender, overconfidence, and reported data security breaches
研究CEO性别和过度自信如何影响公司报告数据安全漏洞的可能性，发现女性CEO的公司更少报告，而过度自信CEO的公司更多报告。
We examine whether CEO gender, CEO overconfidence, and their interaction affect a firm’s likelihood of reporting a data security breach (DSB). Theory suggests that relative to male CEOs, female CEOs are more likely to allocate resources to managing IT-related risks, while overconfident CEOs are inclined toward risk-taking. Consistent with these arguments, we predict and find that firms led by female CEOs are significantly less likely to report a DSB, whereas those led by overconfident CEOs are significantly more likely to do so. Further, firms led by female CEOs that are also overconfident are incrementally less likely to report a DSB than firms led by overconfident male CEOs. Our findings offer new insights into how CEO characteristics impact the exposure of firms to cybersecurity risks.