Senior Auditor, Tehran North Branch, Islamic Azad University, Tehran, Iran
Abstract
Various studies have shown that professionals and occupations requiring decision-making are more exposed to this bias than others. Overconfident managers impose significant costs on shareholders by making incorrect investments, overutilizing internal cash flows, and not distributing them. In this regard, the objective of the present study is to investigate the relationship between capital structure decisions and managerial overconfidence in family firms listed on the Tehran Stock Exchange during the period 142 (2017–2024) (142 firms). To this end, using a field study and document mining approach, the extracted information has been tested and analyzed using descriptive statistics and a panel data model with a multivariate regression approach. The results from hypothesis testing indicated: a significant direct relationship exists between capital structure decisions and managerial overconfidence. Furthermore, a significant direct relationship also exists between capital structure decisions and managerial overconfidence in family firms
mirzaei tarbazafg,M. (2026). Investigating the Relationship Between Capital Structure Decisions and Managerial Overconfidence in Family Firms Admitted to the Tehran Stock Exchange. Journal of Accounting and Management Vision, 8(110), 117-131.
MLA
mirzaei tarbazafg,M. . "Investigating the Relationship Between Capital Structure Decisions and Managerial Overconfidence in Family Firms Admitted to the Tehran Stock Exchange", Journal of Accounting and Management Vision, 8, 110, 2026, 117-131.
HARVARD
mirzaei tarbazafg M. (2026). 'Investigating the Relationship Between Capital Structure Decisions and Managerial Overconfidence in Family Firms Admitted to the Tehran Stock Exchange', Journal of Accounting and Management Vision, 8(110), pp. 117-131.
CHICAGO
M. mirzaei tarbazafg, "Investigating the Relationship Between Capital Structure Decisions and Managerial Overconfidence in Family Firms Admitted to the Tehran Stock Exchange," Journal of Accounting and Management Vision, 8 110 (2026): 117-131,
VANCOUVER
mirzaei tarbazafg M. Investigating the Relationship Between Capital Structure Decisions and Managerial Overconfidence in Family Firms Admitted to the Tehran Stock Exchange. Journal of Accounting and Management Vision, 2026; 8(110): 117-131.
