Overconfidence Behavioral Bias in Working Capital Management and Performance of Small and Medium Enterprise in Ghana : A Conceptual Paper

Lamptey, Jeff and Asri, Marsidi and Bilyaminu, Usman and Ashemi, Baba Ali (2020) Overconfidence Behavioral Bias in Working Capital Management and Performance of Small and Medium Enterprise in Ghana : A Conceptual Paper. Malaysian Journal of Social Sciences and Humanities (MJSSH), 5 (7). pp. 124-129. ISSN 2504-8562

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Abstract

The concept of overconfidence is well understood in financial market and corporate decision as individual investors and managers of large corporations prone to overconfident bias. This paper is the first to conceptualize overconfidence bias in working capital management and performance of Small and medium enterprise by employing qualitative case study inquiry to gain insight and small and medium enterprise (SME) managers overconfident behavioral. This paper argues that overconfidence bias can distorts working capital investment with the possibility of overinvestment working capital inventory if SME managers have enough internal equity in anticipation of higher performance.

Item Type: Article
Uncontrolled Keywords: overconfidence small and medium enterprise, working capital management, performance, unimas, university, universiti, Borneo, Malaysia, Sarawak, Kuching, Samarahan, ipta, education, research, Universiti Malaysia Sarawak. _________________
Subjects: H Social Sciences > HD Industries. Land use. Labor
Divisions: Academic Faculties, Institutes and Centres > Faculty of Economics and Business
Faculties, Institutes, Centres > Faculty of Economics and Business
Depositing User: Gani
Date Deposited: 15 Jul 2020 06:15
Last Modified: 31 Mar 2021 07:49
URI: http://ir.unimas.my/id/eprint/30456

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