The paper of an associate professor in the School of Finance Artem Anilov is accepted for presentation on the 18-th International Behavioural Finance Conference

The Conference will be held on June, 4-6 in London.

The paper of an associate professor in the School of Finance Artem Anilov is accepted for presentation on the 18-th International Behavioural Finance Conference, organized by the Behavioural Finance Working Group.

The paper Artem Anilov - Moderating Effects of Corporate Governance on Managerial Overconfidence - investigates the ability of corporate governance (both external in the form of new legislature aiming at improvement of corporate governance, and internal in the form of board of directors efficiency) to moderate the negative impact of CEO overconfidence on payout to shareholders. The results of the research suggest that better corporate governance significantly reduces the negative effects of overconfidence, but not in the innovative companies which may benefit from overconfidence in terms of achieving ambitious goals. 

The Conference is one of the leading events in behavioral finance. Each year it attracts researchers from leading universities in the UK, EU, USA, and Asia. The Conference partners with the publisher Elsevier which provides opportunities for best papers to be published in academic journals of this and other publishers (International Review of Financial Analysis, International Review of Economics and Finance, Global Finance Journal, and others).