CEO Overconfidence and Corporate Financial Distress Chao-Rung Ho Taiwan Academy of Banking and Finance Taipei‚ Taiwan‚ R.O.C. Email: 96357505@nccu.edu.tw Yuanchen Chang Department of Finance National Chengchi University Taipei‚ Taiwan‚ R.O.C. Email: yccchang@nccu.edu.tw 1 Electronic copy available at: http://ssrn.com/abstract=2128161 CEO Overconfidence and Corporate Financial Distress Abstract This paper examines the relation between CEO overconfidence and corporate
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If anyone is ever looking for a movie based on a Shakespeare play‚ poorly adapted into a modern story about high school basketball players‚ and complete with uninspired acting‚ then the movie O‚ directed by Tim Blake Nelson‚ is the perfect choice. The movie‚ which stars Mekhi Phifer‚ Julia Stiles‚ and Martin Sheen‚ takes place in modern America and centers around private school basketball players. The star of the team‚ Odin‚ is favored by Coach Duke which rubs many players‚ especially the Coach’s
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While sitting at my desk on a Monday morning‚ with wide eyes ready to learn and open ears set for a new lesson to be taught‚ I wait for the day to begin as Mrs. O’ Toole takes the daily attendance. My 6th grade teacher‚ Mrs. O’ Toole‚ was an inspiring and influential teacher who changed my life forever. She taught her students to work hard with determination and passion. In addition‚ this extraordinary teacher dedicated herself to seeing her students aspire to their full potential and filling our
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In basic terms‚ dialogue tags attribute written dialogue to characters. Dialogue tags don’t need to be fancy‚ splashy‚ or self-conscious. Their purpose is to show which characters speak and when. The greater the number of characters involved in a scene‚ the more important the frequency and positioning of tags becomes. Many people do not know the proper rules of using dialogue tags‚ they ’remember’ what they have read in novels and rely on grammar suggestions from microsoft word and end up making
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What is Literature The question of what is literature and why we study it is a very difficult question to answer. This because there is no simple‚ or arguably completely correct‚ answer to what literature is. I believe literature is anything written down with the intent for it to be read by others for enjoyment or knowledge. The study of literature is important to us so we can try to get an idea of what life is like the perspective of the person writing the literature we study. The definition
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when the author describes the room which the young man rents ‚ large amount of adjectives like “faint ‚sunless‚ viscid‚ unholy‚ rank‚ foul and tainted‚ haggard‚ perfunctory‚ sophistical‚ ragged‚ gilt‚ gay-papered‚ desolate‚ musty‚ dank‚ cold…” are used. They can bring visual imaginary and aid the description of the room and the things in it. Actually many of these adjectives are not common words and it’s a little difficult for the reader to understand them. The propose of using these vocabulary may
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"O Captain! my Captain!" Walt Whitman wrote the poem "O Captain! my Captain!" after the assassination of Abraham Lincoln. Whitman describes Lincoln as the captain of the ship‚ as the leader of the country; he also refers to him as a father: "Here Captain! dear father!"(13)‚ "My father doesn’t feel my arm‚"(18). Clearly‚ a captain is not a father. Why‚ then‚ does Whitman connect the two together? Are there certain similarities between them that can’t be avoided? A captain is
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Professional Development of Nursing Professionals The Robert Wood Johnson Foundation and the Institute of Medicine‚ (IOM) introduced a two year contract in 2008 (IOM‚ 2010). The basis of the contract is recommendations‚ which will impact the future of nursing care‚ and include changes in “public and institutional policies at the national‚ state‚ and local levels” (Future‚ 2010). This essay will provide a basic understanding of the IOM’s contract‚ including the impact on nursing education‚ nursing
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In the short story‚ "The Gift of the Magi‚" written by O. Henry‚ Mr. and Mrs. James Dillingham Young are in for a big surprise. At Christmastime‚ they each make a sacrifice that is hard to bear‚ but the results show that it pays off. The hard trials they must endure make them realize that unconditional love is more important than material possessions. Since Jim and Della live in a dilapidated flat‚ they obviously don’t have a lot of money. In order to give a gift‚ each one sold his or her most prized
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‘O Captain! My Captain’ is a moving poem in which Whitman expresses his profound sense of grief at a tragic end of a leader of men is addressed to Abraham Lincoln‚ one of the greatest presidents of the United States of America‚ who fought a war (the American Civil War) against the Southern States to give the Negro slaves freedom and human dignity. The war was won‚ the slaves were freed‚ but Lincoln‚ soon after his election as president for a second term‚ fell a victim to an assassin’s bullet.
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