Sepmre
Senior Member
- Joined
- Jan 21, 2013
- Member Type
- Student or Learner
- Native Language
- Persian
- Home Country
- Iran
- Current Location
- Iran
Hi,
Could anyone please tell me what "proxy" means in the sentence below?
Malmendier and Tate (2005a, b) proxy for a CEO’s overconfidence in two ways, one based on beliefs revealed from managerial share option exercise behaviours, and the second one based upon outsiders’ perception.
Thanks
Could anyone please tell me what "proxy" means in the sentence below?
Malmendier and Tate (2005a, b) proxy for a CEO’s overconfidence in two ways, one based on beliefs revealed from managerial share option exercise behaviours, and the second one based upon outsiders’ perception.
Thanks