Transaction premiums, managerial overconfidence and social responsibility
(2020) BUSN79 20201Department of Business Administration
- 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. Besides the dyadic relation of deal premiums and managerial overconfidence, the objective is thus also to explore how a premium might be affected by the interaction of the acquirer’s overconfidence and its engagement in promoting the social good.
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9021144
- author
- Honkanen, Emil Otto Adolf LU and Luomala, Ville LU
- supervisor
- organization
- course
- BUSN79 20201
- year
- 2020
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- M&A, transaction premium, managerial overconfidence, social responsibility, ESG
- language
- English
- id
- 9021144
- date added to LUP
- 2020-08-21 14:05:08
- date last changed
- 2020-08-21 14:05:08
@misc{9021144,
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. Besides the dyadic relation of deal premiums and managerial overconfidence, the objective is thus also to explore how a premium might be affected by the interaction of the acquirer’s overconfidence and its engagement in promoting the social good.}},
author = {{Honkanen, Emil Otto Adolf and Luomala, Ville}},
language = {{eng}},
note = {{Student Paper}},
title = {{Transaction premiums, managerial overconfidence and social responsibility}},
year = {{2020}},
}