الفهرس 
Introduction
ReferencesOnly 14 pages are availabe for public view
 |  | from | 147 |  |  |
| | | from | 147 | | |
Abstract
earnings management (both real activities and accruals), accounting conservatism and debt financing. The study used a convenient sample of 125 companies drawn from Egyptian listed companies’ qualified population for a period from 2012 to 2017 to constitute 750 firm-observation,and utilized appropriate panel data regression model for each model tested. The main findings of the study can be categorized into three groups. The first group, the effect of managerial overconfidence on earnings management, the results show that managerial overconfidence positively affects abnormal operating cash flow, real earnings management, and accruals earnings management. However, managerial overconfidence does not affect abnormal discretionary expenses and abnormal production costs.The second group, the effect of managerial overconfidence on accounting conservatism.Conservatism is confined to conditional conservatism, and the results provide evidence about a negative relation between managerial overconfidence and accounting conditional conservatism.The third group, the relation between managerial overconfidence and debt financing (leverage), the hypothesis test result indicates that managerial overconfidence positively affects debt financing. These results hold the same when using a new suggested measurement of managerial overconfidence, except for abnormal discretionary expenses and accruals earnings management.Various implications foraccounting and several directions for future research are discussed.
Keywords:Managerial overconfidence – earnings management – accounting conservatism – debt financing.