Figure 1. A: Effect of overconfidence on firm value for risk averse CEOs without compensation adjustments, B: Effect of overconfidence on firm value for risk averse CEOs with and without out offsetting compensation adjustments

From

Does the Overconfidence of the CEO Affect His Pay Structure?

Patty Bick

Journal of Finance and Economics. 2015, 3(5), 86-96 doi:10.12691/jfe-3-5-2