• DocumentCode
    2200381
  • Title

    An Empirical Research on Manager Overconfidence and Acquisition Decision in China

  • Author

    Lei, Hui ; Wu, Chan

  • Author_Institution
    Sch. of Bus. Adm., Hunan Univ., Changsha, China
  • fYear
    2010
  • fDate
    24-26 Aug. 2010
  • Firstpage
    1
  • Lastpage
    4
  • Abstract
    Based on behavioral finance perspective, this paper did a study theoretically and empirically on the relationship between the characteristics of general manager overconfidence and M & A. The research shows: the degree of general manager overconfidence is positively related with M & A, which means, general manager overconfidence is an important factor which drives M & A.
  • Keywords
    corporate acquisitions; decision making; China; acquisition decision; behavioral finance perspective; general manager overconfidence; mergers; Companies; Corporate acquisitions; Economics; Finance; History; Industries;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Management and Service Science (MASS), 2010 International Conference on
  • Conference_Location
    Wuhan
  • Print_ISBN
    978-1-4244-5325-2
  • Electronic_ISBN
    978-1-4244-5326-9
  • Type

    conf

  • DOI
    10.1109/ICMSS.2010.5578308
  • Filename
    5578308