Management

"Financial traders are assessed by how much money they make per unit of risk taken, known as the Sharpe Ratio.. a population of experienced traders attain Sharpe Ratios significantly higher than the...

"In this review, we revisit some basic psychological and sociological elements of hierarchy and argue that status and power are two important yet distinct bases of hierarchical differentiation.   Magee,...

"..explores whether power psychologically protects people from influence. ...experiments demonstrate that the powerful (a) generate creative ideas that are less influenced by salient examples, (b) express attitudes that conform less....   Galinsky, A.D.,...

"On difficult tasks, people overestimate their performance but also mistakenly believe that they are worse than others. On easy tasks, people underestimate their actual performances but mistakenly believe they are...

"Overconfident CEOs over-estimate their ability to generate returns. As a result, they overpay for target companies and undertake value-destroying mergers. The effects are strongest if they have access to internal...

"...an overconfident manager, who sometimes makes value-destroying investments, has a higher likelihood than a rational manager of being deliberately promoted to CEO under value-maximizing corporate governance.   Goel, A.M., DePaul University, Thakor, A.V.,...

"Many CEOs overestimate their own negotiating skills and overlook the element of luck in successful mergers, acquisitions, and other deals. CEOs appear to overly attribute their role in successful deals, leading...

"...high-power individuals displayed a greater propensity to initiate a negotiation than did low-power individuals... power increased the likelihood of making the first move in a variety of competitive interactions.  ...

"...companies with overconfident CFOs use lower discount rates to value cash flows, and that they invest more, use more debt, are less likely to pay dividends, are more likely to...

"Narcissistic CEOs favor bold actions …, resulting in big wins or big losses, but their firms' performance is generally no better or worse than non-narcissistic CEOs’ firms. Arijit Chatterjee and...