financeФинансы: теория и практика/Finance: Theory and PracticeFinance: Theory and Practice2587-56712587-7089Financial University under The Government of Russian Federation10.26794/2587-5671-2024-28-4-228-238finance-3079Research ArticleФИНАНСОВЫЙ МЕНЕДЖМЕНТFINANCIAL MANAGEMENTУправление реальной прибылью: взаимосвязь между чрезмерной уверенностью генерального директора и последующими результатами деятельности компанииThe Real Earnings Management Mediation: Relation Between Ceo Overconfidence and Subsequent Performancehttps://orcid.org/0000-0003-3255-8167ФахдМ. А.FahdM. A.

Мохамед Анвар Фахд, PhD, преподаватель

Факультет коммерции

Загазиг

Mohamed Anwar Fahd, PhD, Lecturer

Faculty of Commerce; Department of Accounting

Zagazig

MAFahd@zu.edu.egЗаказикский университетЕгипетZagazig UniversityEgypt202430082024284228238Copyright © Фахд М.А., 20242024Фахд М.А.Fahd M.A.Данная работа распространяется под лицензией Creative Commons Attribution 4.0.This work is licensed under a Creative Commons Attribution 4.0 License.https://financetp.fa.ru/jour/article/view/3079

   Цель данного исследования — выявить взаимосвязь между самоуверенностью генерального директора (CEO) и последующими результатами деятельности компании.

   Кроме того, в исследовании рассматривается посредническая роль управления реальной прибылью (REM). Для оценки прямого, косвенного и общего влияния чрезмерной уверенности генерального директора на последующие результаты деятельности используется SPSS-версия PROCESS. Количество бутстрап-выборок для доверительных интервалов перцентильного бутстрапа составляет 50 тыс. Результаты исследования показали, что чрезмерная уверенность генерального директора оказывает значительное положительное влияние на последующие результаты деятельности компании. Кроме того, деятельность REM выступает в качестве посредника в связи между самоуверенностью руководителя и будущими показателями. Результаты данной работы могут представлять интерес для регулирующих органов в области бухгалтерского учета, поскольку чрезмерная уверенность может влиять на результаты деятельности в будущем через REM. Эта информация может быть полезна для оценки необходимости найма самоуверенных руководителей. Данное исследование дополняет существующий недостаток эмпирических данных о косвенном влиянии самоуверенности руководителей на последующие результаты деятельности компании.

   The purpose of this study is to identify the relationship between the CEO overconfidence and the subsequent performance.

   Furthermore, the study examines the intermediary role of Real Earnings Management (REM). The SPSS version of PROCESS is used to assess the direct, indirect and total effects of CEO overconfidence on subsequent performance. The number of bootstraps for percentile bootstrap confidence intervals is 50 thousand. The results of the study showed that the CEO overconfidence has a significant positive impact on the company’s subsequent performance. Furthermore, REM acts as a mediator between the overconfidence of the manager and future indicators. The results of this paper may be of interest to accounting regulators, as excessive confidence may affect future performance through REM. This information may be useful in assessing the need for overconfidence managers. This study complements the existing lack of empirical data on the indirect impact of managers’ overconfidence on the company’s subsequent performance.

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The authors declare that there are no conflicts of interest present.