Examining Managerial Overconfidence In Choosing Long-Term Financing

The structure of debt maturity can be considered as an approach to address the challenge of uncertainty in the financial reporting process, which, although it has no place in accounting principles, can have a significant impact on asset valuation and net profit determination. The present study examines managerial overconfidence in choosing long-term financing. Eviews9 statistical software was used to test the hypothesis. Findings have shown that excessive managerial confidence in the choice of long-term financing has a significant relationship.