Early Career Experience, Analyst Optimism, and Skills

2012 ◽  
Author(s):  
Kelvin Law
Keyword(s):  
Early Career ◽  
Career Experience ◽  
Analyst Optimism

Can Strong Boards and Trading Their Own Firm’s Stock Help CEOs Make Better Decisions? Evidence from Acquisitions by Overconfident CEOs

2013 ◽  
Vol 48 (4) ◽  
pp. 1173-1206 ◽  
Author(s):  
Adam C. Kolasinski ◽  
Xu Li
Keyword(s):  
Insider Trading ◽  
Chief Executive Officers ◽  
Personal Experience ◽  
Chief Executive ◽  
Early Career ◽  
Firm Investment ◽  
Stock Trading ◽  
Career Experience ◽  
Executive Officers ◽  
Machine Readable

AbstractLittle evidence exists on whether boards help managers make better decisions. We provide evidence that strong and independent boards help overconfident chief executive officers (CEOs) avoid honest mistakes when they seek to acquire other companies. In addition, we find that once-overconfident CEOs make better acquisition decisions after they experience personal stock trading losses, providing evidence that a manager’s recent personal experience, and not just educational and early career experience, influences firm investment policy. Finally, we develop and validate a new CEO overconfidence measure that is easily constructed from machine-readable insider trading data, unlike previously used measures.

The Effect of Early Career Experience on Auditors' Assessments of Error Explanations in Analytical Review

2012 ◽  
Vol 24 (2) ◽  
pp. 211-229
Author(s):  
Alex C. Yen
Keyword(s):  
Early Career ◽  
Data Availability ◽  
Full Time ◽  
Career Experience ◽  
Audit Firms ◽  
Audit Efficiency ◽  
Analytical Review ◽  
Level I ◽  
Audit Effectiveness ◽  
Staff Level

ABSTRACT In this paper, I examine the analytical review judgments of staff-level auditors. Heiman (1988) finds that students do not perform as well as senior-level auditors when performing certain analytical review procedures. I conduct an experiment based on Heiman (1988, 1990) to examine the analytical review judgments of those individuals who fall in between the two groups studied by Heiman—staff-level auditors who have some full-time experience, but are not yet at the senior level. I find that staff-level auditors' judgments are similar to the senior-level auditors' judgments observed in Heiman (1990). The results provide evidence about the readiness of staff-level auditors to perform certain analytical review procedures, which has staffing implications for audit firms looking to maximize audit efficiency without sacrificing audit effectiveness. The results also provide insights about the transition of an auditor from novice to expert. Data Availability: Available upon request.

Early Career Experience of Pediatric Orthopaedic Fellows

2016 ◽  
Vol 36 (4) ◽  
pp. 429-432 ◽  
Author(s):  
Michael P. Glotzbecker ◽  
Benjamin J. Shore ◽  
Nicholas D. Fletcher ◽  
A. Noelle Larson ◽  
Christopher R. Hydorn ◽  
...  
Keyword(s):  
Early Career ◽  
Career Experience ◽  
Pediatric Orthopaedic

The Social Origins and Provenance of the English Bishops during the Reign of Edward II

1959 ◽  
Vol 9 ◽  
pp. 51-79
Author(s):  
K. Edwards
Keyword(s):  
Middle Ages ◽  
Social Background ◽  
Early Career ◽  
The Political ◽  
Social Origins ◽  
Political Activities ◽  
Edward Ii ◽  
The Social ◽  
Complete Study ◽  
History Of

During the last twenty or twenty-five years medieval historians have been much interested in the composition of the English episcopate. A number of studies of it have been published on periods ranging from the eleventh to the fifteenth and early sixteenth centuries. A further paper might well seem superfluous. My reason for offering one is that most previous writers have concentrated on analysing the professional circles from which the bishops were drawn, and suggesting the influences which their early careers as royal clerks, university masters and students, secular or regular clergy, may have had on their later work as bishops. They have shown comparatively little interest in their social background and provenance, except for those bishops who belonged to magnate families. Some years ago, when working on the political activities of Edward II's bishops, it seemed to me that social origins, family connexions and provenance might in a number of cases have had at least as much influence on a bishop's attitude to politics as his early career. I there fore collected information about the origins and provenance of these bishops. I now think that a rather more careful and complete study of this subject might throw further light not only on the political history of the reign, but on other problems connected with the character and work of the English episcopate. There is a general impression that in England in the later middle ages the bishops' ties with their dioceses were becoming less close, and that they were normally spending less time in diocesan work than their predecessors in the thirteenth century.

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