Essays about: "hubris hypothesis"

Showing result 1 - 5 of 9 essays containing the words hubris hypothesis.

  1. 1. Deal or No Deal

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Alexander Serrano; Lucas Fevre; [2023]
    Keywords : “M A deal completion”; “Manager learning”; “Unregulated stock exchanges”; “Serial acquirers”; “M A advisors”; Business and Economics;

    Abstract : Purpose: The purpose of the thesis is to investigate if deal completion probability is associated with the stock market’s initial reaction to the M&A announcement. Furthermore, the study aims to explore if other characteristics have a relationship with deal completion, and if they have a moderating effect on the relationship with deal completion and the stock market’s reaction. READ MORE

  3. 2. M&As do not care about your feelings – or do they?

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Rene Holesinsky; Oskar Sirborn; [2022]
    Keywords : mergers and acquisitions; market sentiment; event study; principal component analysis; Business and Economics;

    Abstract : Countless studies within M&As have examined factors that can explain bidding firms' abnormal returns, although, behavioral factors have mostly been overlooked. The aim of this study is to investigate the effect of investor sentiment on value creation around M&A deal announcements in the Nordic markets. READ MORE

  4. 3. The Impact of Mergers & Acquisitions on Credit- and Investment risk. : -Evidence from Sweden

    University essay from Linnéuniversitetet/Institutionen för ekonomistyrning och logistik (ELO)

    Author : Casper Dahlberg; Max Lundberg; [2022]
    Keywords : Mergers Acquisitions; M A; Credit Risk; Investment Risk; Default Risk; The Institutional Imperative; Merton’s Distance-to-Default model; Merton’s DD; Value-at-Risk; VaR; Tail risk.;

    Abstract : We examine the impact of Mergers & Acquisitions on credit- and investment risk using a sample of 402 acquisitions by 215 Swedish firms from 2000 to 2020. We find significant evidence that, on average, M&A increases the credit risk and inversely decreases the investment risk of the acquiring firm. READ MORE

  5. 4. The Performance of Serial Acquirers : Evidence from the Nordic market

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : Mattias Gionis; Jesper Stugemo; [2022]
    Keywords : mergers and acquisitions; Serial acquirers; short term and long term performance; hubris hypothesis; learning hypothesis; payment method;

    Abstract : This thesis examines the performance of serial acquirers in the Nordic market between 2006-2016. We investigate how serial acquirers perform in the short-term and long-term and if serial acquirers are affected by hubris, or if they learn by experience. READ MORE

  6. 5. Better Sorry Than Safe? : An evaluation of Scandinavian acquirers participating in European mergers and acquisitions between 2010-2017

    University essay from Jönköping University/IHH, Företagsekonomi

    Author : Anton Joakimson; Olle Lyrfors; [2021]
    Keywords : M A; mergers and acquisitions; Scandinavia; ESG; ESG-score; ESG-ranking; public traded company; financial performance; ROE; ROA; ROIC; EBIT-margin; merger; acquisition; hubris hypothesis; hindsight bias; competition authority; key ratio;

    Abstract : Mergers and acquisitions (M&A) are a popular way of growing a company. This is challenged by previous research that shows that an M&A-transaction generally harms the financial key metrics of the acquiring company. READ MORE