Ranking of the factors affecting the overconfidence of the management with the approach of Dimtel's technique

Document Type : Original Article

Authors
Nafiseh Ghomi 1
Mojgan Safa 2
Zohreh Hajiha 3
Reza Gholami Jamkarani 4
1 گروه حسابداری، واحد قم، دانشگاه آزاد اسلامی، قم، ایران
2 استادیار گروه حسابداری، واحد قم، دانشگاه آزاد اسلامی، قم، ایران
3 Professor Department of Accounting, South Tehran Branch, Islamic Azad University, Tehran, Iran
4 دانشیار گروه حسابداری، واحد قم، دانشگاه آزاد اسلامی، قم، ایران
10.30495/jik.2024.77526.4519
Abstract
Introduction: Overconfidence is one of the most important behavioral concepts in financial and psychological theories. Overconfidence makes a person overestimate his knowledge and skills and underestimate the risks and feel that he has control over issues and events, while this may not be the case in reality.
Purpose: The purpose of this research is to rank the factors affecting the overconfidence of managers in companies listed on the Tehran Stock Exchange.
Methodology: In line with the purpose of the research, research information was collected from the financial statements of listed companies in the period of 1389-1400. Dimetal technique was used for statistical analysis.
Results: Examining the findings of the research shows that from the point of view of the importance of factors, profit per share ranks first and the ratio of cash to assets ranks last. On the other hand, the factors of the ratio of current assets to assets, the first criterion of overconfidence, stock returns, the ratio of sales to total inventories, the ratio of sales to accounts receivable, the third criterion of overconfidence, the ratio of price to profit per share, instant ratio, dividend ratio, ratio operating cash to assets, return on assets, working capital ratio, net profit margin, company size, operating profit ratio, second overconfidence criterion, company value, current ratio, financial leverage, sales to fixed assets ratio and sales to ratio Total assets are ranked second to twenty-second.
Keywords
بیش اطمینانی مدیران
اهرم مالی
بازده دارایی

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    2.      رامشه، منیژه و مهناز ملانظری . (1393) بیش اطمینانی مدیریت و محافظه کاری حسابداری. دانش  حسابداری، سال پنجم، شماره 16 ، صص 55 تا 79.

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