Overconfidence in SMEs - Conceptualisations, Domains and Applications

Foreword

Acknowledgements

Contents

List of Figures

List of Tables

Introduction

1 Managerial Overconfidence

Abstract

1.1 Behavioral Finance and Cognitive Bias

1.2 The Approach of Big Five Model

1.3 The Behavioral Business Finance

1.4 The Beginning of Overconfidence: The Stock Markets

1.5 Overconfidence in the Management Area

1.6 Overconfidence in Small and Medium Enterprises

References

2 Managerial Overconfidence of Entrepreneurs: Contextual Explanations and the Aid of Technological Developments

Abstract

2.1 Introduction

2.2 Literature Review

2.2.1 Overconfidence

2.2.2 What Factors Could Lead to a Situation of Business Failure in SMEs

2.2.3 Identify a Proxy to Recognize an Entrepreneur’s Overconfident Attitude

2.3 Hypotheses

2.4 Research Method: Empirical Analysis to Test Overconfidence

2.4.1 Data

2.4.2 Sample

2.5 Analysis and Results

2.5.1 The Three Major Dependent Variables: EBITDA, Equity, and Borrowing Costs

2.5.2 The Incidence of Independent Variables

2.6 Discussion and Conclusion

References

3 Level of Confidence of Male and Female Youth Soccer Players: On Detecting a False Underconfidence

Abstract

3.1 Introduction

3.2 Theoretical Framework and Hypotheses

3.3 Study 1

3.3.1 Participants

3.3.2 Procedure and Design

3.3.3 Results and Discussion

3.4 Study 2

3.4.1 Participants

3.4.2 Procedure and Design

3.4.3 Results and Discussion

3.5 General Discussion

3.6 Conclusion

3.7 Extension in Other Domains

References

4 Closing Remarks on Overconfidence in Business and Beyond

Abstract

4.1 The Epilogue

References

Index