Adam, T. R., Fernando, C. S. & Golubeva, E. (2015). Managerial
overconfidence and corporate risk management. Journal of Banking and
Finance, 60, 195-208.
Aghaei, M. A., Amri Asrami, M. (2021), The effect of management
overconfidence on the relationship between cash holdings and excess
returns, Journal of Empirical Studies in Financial Accounting, 18(72), 57-
77 (In Persian).
Albuquerque, R., Koskinen, Y., & Zhang, C. (2019). Corporate social
responsibility and firm risk: Theory and empirical evidence. Management
Science, 65(10), 4451-4469.
Asghari, E., Abbasian Faridouni, M. M., Nasl Mousavi, S. H. (2020). The effect
of emotional tendencies of investors on the degree of liquidity of the stock
market. Journal of Accounting Advances, 12(1). 1-27 (In Persian).
Babaei, F., Rahmani, A., Homayun, S., Amin, V. (2021). The relationship
between corporate sustainability performance and firm value: with
emphasis on the role of disclosure score and firm size, Journal of
316 مجله پیشرفتهای حسابداری، دوره پانزدهم، شماره دوم، پاییز و زمستان 1402
Accounting Knowledge, 12(3), 1-27 (In Persian).
Baker, M., & Wurgler, J. (2006). Investor sentiment and the cross‐section of
stock returns. The journal of Finance, 61(4), 1645-1680.
Baker, M., Wurgler, J. & Yuan, Y. (2012). Global, local, and contagious
investor sentiment. Journal of financial economics, 104(2), 272-287.
Benlemlih, M., & Bitar, M. (2018). Corporate social responsibility and
investment efficiency. Journal of business ethics, 148, 647-671.
Brown, G. W., & Cliff, M. T. (2005). Investor sentiment and asset valuation.
The Journal of Business, 78(2), 405-440.
Cormier, D., Ledoux, M. J. & Magnan, M. (2011). The informational
contribution of social and environmental disclosures for investors.
Management Decision, 49(8), 1276-1304.
Deyanti Deilami, Z., Ghafarian ghadim, M. (2016), Investigating the
relationship between the greenness of the supply chain and the value of
manufacturing companies, Danesh Journal of Financial Accounting, 3(1),
47-67 (In Persian).
Dhasmana, S., Ghosh, S., & Kanjilal, K. (2023). Does investor sentiment
influence ESG stock performance? Evidence from India. Journal of
Behavioral and Experimental Finance, 37, 100789.
Galasso, A., & Simcoe, T. S. (2011). CEO overconfidence and innovation.
Management science, 57(8), 1469-1484.
Gallardo-Vázquez, D., Valdez-Juárez, L. E. & Castuera-Díaz, Á. M. (2019).
Corporate social responsibility as an antecedent of innovation, reputation,
performance, and competitive success: A multiple mediation analysis.
Sustainability, 11(20), 56-64.
Gao, J., Hartmann, F. G. H., Zhang, M., & Chen, Y. (2023). The impact of CSR
performance and CSR disclosure readability on investors’ earnings
estimates. Accounting & Finance, 63, 1157-1186.
Gholami Jamkarani, R., Akbari, Z., Bakhtiari, M. (2019), Investigating the
relationship between investor sentiment, boldness in dividend forecasting
and future company performance, Investment Science Journal, 8(3), 271-
286 (In Persian).
Haixia, Y. (2018). Investor sentiment, managerial overconfidence, and
corporate Investment Behavior. International Journal of Social Science
and Economic Research, 1, 858-868.
Hajiali, I., Kessi, A. M. F., Budiandriani, B., Prihatin, E. & Sufri, M. M. (2022).
Determination of work motivation, leadership style, employee competence
on job satisfaction and employee performance. Golden Ratio of Human
Resource Management, 2(1), 57-69.
Hirshleifer, D., Low, A. & Teoh, S. H. (2012). Are overconfident CEOs better
innovators? The Journal of Finance, 67(4), 1457-1498.
Hassanzadeh Diwa, S. M., Bolo, Q. (2021). The effect of investors' emotional
بررسی رابطه بین عملکرد توسعه پایدار شرکت، احساسات ... 317
tendency on the value relevance of accounting information, accounting
developments (2) 13. 97-122 (In Persian).
Hassas Yeganeh, Y., Babajani, J., Taghavifard, M. T., Arinpour, A. (2017).
Analysis of sustainable environmental performance and its effect on the
cost of capital of companies listed on the Tehran Stock Exchange, two
scientific quarterly journals of value and behavioral accounting, 3(5), 1-39
(In Persian).
Hosseini Masoum, M. R., Garkaz, M., Saeedi, P., Matoufi, A. (2020), Analysis
of the relationship between sustainable development performance and
managers' unethical behaviors in profit manipulation, Ethics in Science and
Technology, 15(2), 132-139 (In Persian).
Kim, H. A., Choi, S. U. & Choi, W. (2022). Managerial overconfidence and
firm profitability. Asia-Pacific Journal of Accounting and Economics,
29(1), 129-153.
Kiron, D., Kruschwitz, N., Haanaes, K., Reeves, M., & Goh, E. (2013). The
innovation bottom line. MIT Sloan Management Review.
Krüger, P. (2015). Corporate goodness & shareholder wealth. Journal of
Financial Economics, 115(2), 304-329.
Lee, J., & Kim, E. (2021). Would overconfident CEOs engage more in
environment, social, and governance investments? With a focus on female
representation on boards. Sustainability, 13(6), 3373, Available at:
https://doi.org/10.3390/su13063373.
Lee, S. Y. & Seo, Y. W. (2017). Corporate social responsibility motive
attribution by service employees in the parcel logistics industry as a
moderator between CSR perception and organizational effectiveness.
Sustainability, 9(3), 355, Available at: https://doi.org/10.3390/su9030355.
Lins, K. V., Servaes, H. & Tamayo, A. (2017). Social capital, trust, and firm
performance: The value of corporate social responsibility during the
financial crisis. The Journal of Finance, 72(4), 1785-1824.
Liu, X., & Zhang, C. (2017). Corporate governance, social responsibility
information disclosure, and enterprise value in China. Journal of Cleaner
Production, 142, 1075-1084.
Malmendier, U. & Tate, G. (2005). CEO overconfidence and corporate
investment. The journal of finance, 60(6), 2661-2700.
Mohammadzadeh, H. (2021), The Relationship Between Investors' Emotional
Orientation and Management's Earnings Forecasts, Journal of Accounting
and Management Perspectives, 4(40), 51-64 (In Persian).
Montazeri Najafabadi, R., Moradi Shahdadi, Kh., Hajiha, Z. (2023).
Investigating the sentiments of investors (retail and institutional) on the
innovation of companies admitted to the Tehran Stock Exchange. Scientific
Journal of New Management and Accounting Research Approaches, 7(26),
318 مجله پیشرفتهای حسابداری، دوره پانزدهم، شماره دوم، پاییز و زمستان 1402
136-150 (In Persian).
Naughton, J. P., Wang, C. & Yeung, I. (2019). Investor sentiment for corporate
social performance. The Accounting Review, 94(4), 401-420.
Rahnamae Rudpashti, F., Hibti, F., Talebnia, Q., Nabavi Cheshmi, S. A. (2012),
providing a model for measuring the impact of corporate governance
mechanisms on profit management in Tehran Stock Exchange,
Management Accounting Journal, 5(1), 79-100 (In Persian).
Rashidi, M., Hosseini, H. (2022). The impact of investor sentiment on corporate
social responsibility activities, Accounting and Social Interest, 12(2), 171-
192 (In Persian).
Roll, R. (1986). The hubris hypothesis of corporate takeovers. Journal of
Business, 1, 197-216.
Santos-Jaén, J. M., León-Gómez, A. & Serrano-Madrid, J. (2021). The effect of
corporate social responsibility on earnings management: Bibliometric
review. International Journal of Financial Studies, 9(4), 68, Available at:
https://doi.org/10.3390/ijfs9040068.
Schrand, C. M., & Zechman, S. L. (2012). Executive overconfidence and the
slippery slope to financial misreporting. Journal of Accounting and
economics, 53(1-2), 311-329.
Shafaat, A. R., Kashanipour, M., Gholami Jamkarani, R., Jahangirnia, H.
(2022). The variable effect of managers' personality type on profit
management and its moderating role in the relationship between profit
management and corporate social responsibility disclosure. Two scientific
quarterly journals of value and behavioral accounting, 6(12), 343-308 (In
Persian).
Shen, C., Fang, B. & Zhou, X. (2022). The relationship between corporate
sustainable development performance, investor sentiment, and managerial
overconfidence. Sustainability, 14(17), 10606, Available at:
https://doi.org/10.3390/su141710606.
Shu, P. G., Yeh, Y. H., Chiang, T. L. & Hung, J. Y. (2013). Managerial
overconfidence and share repurchases. International Review of Finance,
13(1), 39-65.
Talkhabi, F., Talibnia, Q., Royaei, R. A. (2020). Investigating the non-use of
independent audit fee patterns in estimation and forecasting. Financial
Accounting and Audit Research, 12(46), 163-202 (In Persian).
Valdez-Juárez, L. E., Gallardo-Vázquez, D. & Ramos-Escobar, E. A. (2019).
Organizational learning and corporate social responsibility drivers of
performance in SMEs in Northwestern Mexico. Sustainability, 11(20),
5655, Available at: https://doi.org/10.3390/su11205655.
Vuong, N. B. (2022). Investor sentiment, corporate social responsibility, and
بررسی رابطه بین عملکرد توسعه پایدار شرکت، احساسات ... 319
financial performance: Evidence from Japanese companies. Borsa Istanbul
Review, 22(5), 911-924.
Wu, M. W., & Shen, C. H. (2013). Corporate social responsibility in the
banking industry: Motives and financial performance. Journal of Banking
and Finance, 37(9), 3529-3547.
Xu, X. L., Li, J., Wu, D. & Zhang, X. (2021). The intellectual capital efficiency
and corporate sustainable growth nexus: comparison from agriculture,
tourism and renewable energy sector. Environment, Development and
Sustainability, 1, 1-19.
Yousefi Asl, F., Hajian, N., Safari Khalkiasri, M. (2022), Investigating the
relationship between investors' emotional tendencies and bias in managers'
profit forecasting, Journal of Experimental Accounting Research, 12(1), 1-
26 (In Persian).
Zare Behnmiri, M. J., Nazari Shamsabadi, A., Biki, N. (2022), Social
responsibility and investor sentiments with a simultaneous equations
approach, Journal of Accounting and Social Interest, 12(1), 61-80 (In
Persian).
Zhai, H., Xiao, M., Chan, K. C. & Liu, Q. (2022). Physical proximity, corporate
social responsibility, and the impact of negative investor sentiment on
stock returns: Evidence from COVID‐19 in China. International Review of
Finance, 22(2), 308-314.
Zhang, J., & Wang, Y. (2022). How to improve the corporate sustainable
development? The importance of the intellectual capital and the role of the
investor confidence. Sustainability, 14(7), 3749, Available
at: https://doi.org/10.3390/su14073749.
)