March 3, 2026

CEO overconfidence, ESG, and corporate financial performance: Evidence from an emerging country

CEO overconfidence positively correlates with corporate financial performance, indicating strategic decision-making benefits.
Key evidence includes an observed increase in performance metrics by 15%, suggesting overconfident CEOs drive financial success.
Analysis of corporate data from emerging markets reveals patterns between overconfidence and stakeholder engagement practices.
Findings emphasize the importance of integrating ESG factors into corporate strategies for sustainable growth.

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