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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such as a bad behavior makes the protagonist to leave from his or her current life’s setting. At the beginning of Candide‚ it tells that Candide was a son of the Baron’s sister. He was a perfect innocent man who worshiped Pangloss‚ a philosopher of Optimism. He listens to Pangloss’ philosophies attentively and believes innocently. These philosophies have caused Candide and Cundegonde to fall in love with each other. The baron finds out about the relationship and kicks Candide out of the castle. This
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are not considered employees‚ but rather as “cast members”‚ and any visitors to their studios and parks are considered as “guests”. There are six main values that makes Disney stand out; 1) innovation‚ 2) quality‚ 3) community‚ 4) storytelling‚ 5) optimism‚ and 6) decency (Culture‚ n.d.). Along with the culture making the Disney Company successful‚ the company’s ability to communicate also helps to make the successful. Communication has played a major role in the Walt Disney Company ever since
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control their behavior in different environments that change who they are‚ personally (Kay‚ Sullivan‚ & Landau‚ 2015). The reciprocal determinism (the person‚ environment‚ and the behavior) is conducted by the control of a person and the optimism. Bandura define optimism as the tendency to explain bad events as
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social and cultural frameworks. Daniel Defoe’s Robinson Crusoe (1719) and Robert Zemeckis’ film appropriation Cast Away (2000)‚ illustrate a shift in values‚ attitudes and beliefs. The concepts pervading the texts include: optimism grounded in faith of a Christian God versus optimism grounded in human relationships‚ mastery of environment versus existential despair and isolation‚ unwavering belief in human technology versus awareness of limitations in technology‚ and human resourcefulness and ingenuity
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philosophical writers have jumped on the bandwagon and put in their two cents of their views on the matter of happiness. Alexander Pope talks about the relationship and purpose man has to the universe in An Essay on Man‚ Voltaire wrote about living in blind optimism with a false notion of happiness in Candide‚ and Samuel Johnson wrote The History of Rasselas‚ Prince of Abyssinia‚ in which the main characters are on a quest to find happiness. Alexander Pope’s‚ An Essay on Man‚ tries to answer the question many
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ridiculous the Christian oppression of Jews is. The Enlightenment period provided us with ideas of how the world is and the way life should be lived. In Candide two completely opposite views are presented to us. Pangloss’s optimism is too extreme and unjustified. He maintains his optimism although most events in his life would disprove his philosophy. Pangloss’s philosophy is similar to many Enlightenment thinkers. Pessimistic views are shared by most characters in the novel such as Martin‚ the old woman
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everything does not happen for the best as pangloss had told him in the Baron’s castle. In Europe and in America‚ he encounters misery. He meets a number of people from various branches of life. He comes across many philosophers ranging from the extreme optimism of Pangloss to the pessimistic ideas of Martin. He experiences the love with Miss Cunegonde but learns that he can’t accept it because of the differing social
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True Colours Assignment True Colours Spectrum 1. Blue 2. Orange 3 .Green 4. Gold Primary Colour Traits There are many traits which I have that co-respond with the blue card. Sympathetic is a key trait in which I use when describing myself to others. When I watch movies‚ I put myself into various characters positions and I tend to cry if they are put in or dealing with stressful situations. I find myself doing this not only with fictional characters‚ but with my
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loneliness and extreme optimism in the face of utter hopelessness. The play unfolds rather loosely as we are introduced to Winnie‚ a middle-aged‚ happy-go-lucky woman buried up to her waist in sand. Behind her and hidden from view sleeps Willie‚ her husband. Winnie goes about her normal routine rituals. She brushes her teeth‚ reaches into her bag for miscellaneous items‚ and makes herself pretty by applying makeup. Throughout the first act‚ Winnie always holds a high sense of optimism in her state of
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