{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2025,7,30]],"date-time":"2025-07-30T14:19:14Z","timestamp":1753885154275,"version":"3.41.2"},"reference-count":44,"publisher":"Wiley","issue":"1","license":[{"start":{"date-parts":[[2021,2,22]],"date-time":"2021-02-22T00:00:00Z","timestamp":1613952000000},"content-version":"vor","delay-in-days":52,"URL":"http:\/\/creativecommons.org\/licenses\/by\/4.0\/"}],"funder":[{"DOI":"10.13039\/501100002338","name":"Ministry of Education of the People's Republic of China","doi-asserted-by":"publisher","award":["16JJD790035"],"award-info":[{"award-number":["16JJD790035"]}],"id":[{"id":"10.13039\/501100002338","id-type":"DOI","asserted-by":"publisher"}]}],"content-domain":{"domain":["onlinelibrary.wiley.com"],"crossmark-restriction":true},"short-container-title":["Complexity"],"published-print":{"date-parts":[[2021,1]]},"abstract":"<jats:p>Adopting fair value measurement may bring more earnings fluctuations and induce irrational psychology and radical financing behavior of managers. Based on behavioral corporate governance theory, using the sample of Chinese A\u2010share nonfinancial listed companies during 2007\u20132017, this paper empirically examines the regulatory effect of fair value measurement, that is, whether fair value measurement affects the company\u2032s financing decisions when managers have irrational psychological characteristics, i.e., overconfidence. The study found that overconfident managers of the company that have fair value measurement assets will be more aggressive for debt decisions, indicating that fair value measurement has a positively regulatory effect on overconfident managers.<\/jats:p>","DOI":"10.1155\/2021\/5513204","type":"journal-article","created":{"date-parts":[[2021,2,23]],"date-time":"2021-02-23T03:05:25Z","timestamp":1614049525000},"update-policy":"https:\/\/doi.org\/10.1002\/crossmark_policy","source":"Crossref","is-referenced-by-count":0,"title":["The Influence of Fair Value Measurement on Radical Financing of Irrational Managers Based on Fixed Effects Model and Fisher Permutation Test"],"prefix":"10.1155","volume":"2021","author":[{"ORCID":"https:\/\/orcid.org\/0000-0002-9002-8191","authenticated-orcid":false,"given":"Wei","family":"Wang","sequence":"first","affiliation":[]},{"ORCID":"https:\/\/orcid.org\/0000-0001-5829-4521","authenticated-orcid":false,"given":"Xiao-hui","family":"Qu","sequence":"additional","affiliation":[]},{"ORCID":"https:\/\/orcid.org\/0000-0002-3133-2847","authenticated-orcid":false,"given":"Jian-Ju","family":"Du","sequence":"additional","affiliation":[]},{"ORCID":"https:\/\/orcid.org\/0000-0001-9419-9433","authenticated-orcid":false,"given":"Jia-Ming","family":"Zhu","sequence":"additional","affiliation":[]}],"member":"311","published-online":{"date-parts":[[2021,2,22]]},"reference":[{"key":"e_1_2_11_1_2","first-page":"85","article-title":"Fair value measurement, earnings management, and auditor coping strategies","volume":"11","author":"Cai L.","year":"2018","journal-title":"Accounting Research"},{"doi-asserted-by":"publisher","key":"e_1_2_11_2_2","DOI":"10.2308\/accr.2006.81.2.337"},{"key":"e_1_2_11_3_2","first-page":"12","article-title":"Fair value accounting and market volatility","volume":"6","author":"Hu Y. 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