Essays about: "Managerial Overconfidence"

Found 5 essays containing the words Managerial Overconfidence.

1. 1. Failure Factors of M&A - A Literature Survey Between 2010 and 2020

   University essay from Lunds universitet/Företagsekonomiska institutionen

   Author : Ida Bergström; Caroline Rucht; [2021]
   Keywords : Mergers and acquisitions; M A; failure; learning; experience; motives; behavior; communication; synergy; integration; strategy; relatedness; culture; industry; political; cross-border; Business and Economics;

   Abstract : Purpose: The high failure rate of M&As is still one of the main puzzles. The purpose of this research is to identify how concepts of failures changed after the global financial crisis and to see the main causes of such failures according to the research in the set time frame. READ MORE

3. 2. Transaction premiums, managerial overconfidence and social responsibility

   University essay from Lunds universitet/Företagsekonomiska institutionen

   Author : Emil Otto Adolf Honkanen; Ville Luomala; [2020]
   Keywords : M A; transaction premium; managerial overconfidence; social responsibility; ESG; Business and Economics;

   Abstract : This paper investigates the relationship between transaction premiums paid within M&A and the managerial overconfidence of the acquiring companies. As an additional dimension, the effect of the acquiring firm’s commitment to social responsibility on its overconfidence within an M&A setting is examined. READ MORE

4. 3. Research on How Managerial Overconfidence Impacts Cash Dividends Policy Case of the U.S. market

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Yifei Yan; Qiwen Ni; [2019]
   Keywords : overconfidence; cash dividends; Tobit model; Logistics model; options; Business and Economics;

   Abstract : The main purpose of this thesis is to statistically analyze the impact of managerial overconfidence on cash dividends policy via fifty U.S. selected case firms during year 2008 to 2017. READ MORE

5. 4. Decision Makers Making Bankruptcy Decisions - An empirical analysis on how CEOs and directors with past bankruptcy experience affect the likelihood of future bankruptcy in Swedish private firms

   University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

   Author : Shuyi Wang; Xuan Chen; [2018]
   Keywords : Bankruptcy Prediction; Managerial Overconfidence; Reputation Cost; Corporate Governance;

   Abstract : We investigate the impact of CEOs' and directors' past professional bankruptcy experience on future corporate performance in the context of Swedish private sector. The bankruptcy prediction models (Altman, 1968; Ohlson, 1980) and the upper echelons theory (Hambrick & Mason, 1984) underpin this research. READ MORE

6. 5. Do Female Directors Limit CEOs' Irrational Decisions A quantitative study from a behavioral point of view

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Olivia Wasniewski; [2011]
   Keywords : behavioural finance; overconfidence; cash flow sensitivity of investment; corporate governance; gender;

   Abstract : Previous studies in behavioral corporate finance have shown that various decisions on company level are affected by different psychological biases of those running the businesses, resulting in irrational corporate behavior. One commonly studied bias is managerial overconfidence, and one effect that it has shown to have is to increase the cash flow sensitivity of investment. READ MORE