Corpus ID: 55613197

GROUPTHINK WITHIN BOARDS OF DIRECTORS

@inproceedings{Timmermans2015GROUPTHINKWB,
  title={GROUPTHINK WITHIN BOARDS OF DIRECTORS},
  author={D. A. Timmermans},
  year={2015}
}
  • D. A. Timmermans
  • Published 2015
  • Business
  • Mergers and acquisitions are impactful events in the day to day business of a company. There is a tremendous yearly number of takeover transactions. However, empirical research finds that buyer returns from a deal are mostly zero or negative. The paradoxical relationship between shareholder results and the size of the market for corporate control shows the importance of non-traditional financial research on the topic of mergers and acquisitions. Insights from behavioural economics can aid… CONTINUE READING

    References

    SHOWING 1-10 OF 77 REFERENCES
    The Hubris Hypothesis of Corporate Takeovers
    • 3,388
    • PDF
    Risk and return: The case of merging firms
    • 891
    The Takeover Controversy: Analysis and Evidence
    • 292
    Evidence on the capitalized value of merger activity for acquiring firms
    • 377
    Acquisitions, Overconfident Managers and Self-Attribution Bias
    • 270
    Governance Mechanisms and Equity Prices
    • 1,236
    The wealth effect of merger activity and the objective functions of merging firms
    • 541