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題名:Managerial Overconfidence, the Odds of Completing a Merger, and Post-Merger Performance
書刊名:證券市場發展季刊
作者:許培基 引用關係葉銀華 引用關係邱琦倫 引用關係王宛婷
作者(外文):Shu, Pei-giYeh, Yin-huaChiou, Chyi-lunWang, Wan-ting
出版日期:2013
卷期:25:2=98
頁次:頁129-160
主題關鍵詞:管理者過度自信購併Managerial overconfidenceMergers
原始連結:連回原系統網址new window
相關次數:
  • 被引用次數被引用次數:期刊(7) 博士論文(0) 專書(0) 專書論文(0)
  • 排除自我引用排除自我引用:7
  • 共同引用共同引用:0
  • 點閱點閱:123
期刊論文
1.Doukas, John A.、Petmezas, Dimitris(2007)。Acquisitions, overconfident managers and self-attribution bias。European Financial Management,13(3),531-577。  new window
2.Alicke, Mark D.(1985)。Global Self-Evaluation As Determined by the Desirability and Controllability of Trait Adjectives。Journal of Personality and Social Psychology,49(6),1621-1630。  new window
3.Asquith, P.、E. H. Kim(1983)。The Impact of Merger Bids on the Participating Firm'€™s Security Holders。Journal of Financial Economics,37(5),1209-1228。  new window
4.Brehmer, B.、R. Hagafors、R. Johansson(1980)。Cognitive Skills in Judgment: Subjects' Ability to Use Information about Weights, Function Forms, and Organizing Principles。Organizational Behavior & Human Performance,26(3),373-385。  new window
5.Dennis, Debrak、John J. McConnel(1986)。Corporate Mergers and Security Returns。Journal of Financial Economics,16(2),143-187。  new window
6.Dodd, P.、Ruback, R.(1977)。Tender Offers and Stockholder Returns。Journal of Financial Economics,5(3),351-373。  new window
7.Feather, N. T.、Simon, J. G.(1971)。Attribution of Responsibility and Valence of Outcome in Relation to Initial Confidence and Success and Failure of Self and Other。Journal of Personality and Social Psychology,18(2),173-188。  new window
8.Hietala, P.、S. N. Kaplan、D. T. Robinson(2003)。What Is the Price of Hubris? Using Takeover Battles to Infer Overpayments and Synergies。Financial Management,32(3),5-31。  new window
9.Kruger, J.(1999)。Lake Wobegon be gone! The below-average effect and the Egocentric nature of comparative ability judgments。Journal of Personality & Social Psychology,77(2),221-232。  new window
10.Malmendier, U.、Tate, G.(2008)。Who Make Acquisitions? CEO Overconfidence and The Market’s Reaction。Journal of Financial Economics,89(1),20-43。  new window
11.Moore, D. A.、Kim, T. G.(2003)。Myopic Social Prediction and the Solo Comparison Effect。Journal of Personality & Social Psychology,85(6),1121-1135。  new window
12.Gordon, E. A.、Henry, E.、Palia, D.(2004)。Related party transactions and corporate governance。Advances in Financial Economics,9,1-27。  new window
13.Mulherin, J. Harold、Boone, Audra L.(2000)。Comparing Acquisitions and Divestitures。Journal of Corporate Finance,6(2),117-139。  new window
14.Roll, R.(1986)。The Hubris Hypothesis of Corporate Takeover。Journal of Business,59(2),197-216。  new window
15.Alicke, M. D.、Klotz, M. L.、Breitenbecher, D. L.、Yurak, T. J.、Vredenburg, D. S.(1995)。Personal Contact, Individuation, and the Better-than-average Effect。Journal of Personality and Social Psychology,68,804-825。  new window
16.Andrade, G.、Mitchell, M.、Stafford, E.(2001)。New Evidence and Perspectives on Mergers。Journal of Economic Perspectives,15(2),103-120。  new window
17.Hayward, Mathew L. A.、Hambrick, Donald C.(1997)。Explaining the Premiums Paid for Large Acquisitions: Evidence of CEO Hubris。Administrative Science Quarterly,42(1),103-127。  new window
18.Bebchuk, Lucian Arye(1985)。Toward Undistorted Choice and Equal Treatment in Corporate Takeovers。Harvard Law Review,98(8),1693-1808。  new window
19.Weinstein, N.(1980)。Unrealistic Optimism about Future Life Events。Journal of Personality and Social Psychology,39(5),806-820。  new window
20.Cooper, A. C.、Woo, C. Y.、Dunkelberg, W. C.(1998)。Entrepreneurs Perceived Chances for Success。Journal of Business Venturing,3(2),97-108。  new window
21.Langer, Ellen Jane(1975)。The Illusion of Control。Journal of Personality and Social Psychology,32(2),311-328。  new window
22.Svenson, Ola(1981)。Are we all less risky and more skillful than our fellow drivers?。Acta Psychologica,47(2),143-148。  new window
23.Leland, Hayne E.、Pyle, D. H.(1977)。Information asymmetries, financial structure and financial intermediation。Journal of Finance,32,371-387。  new window
24.Lin, Yueh-Hsiang、Hu, Shing-Yang、Chen, Ming-Shen(2005)。Managerial Optimism and Corporate Investment: Some Empirical Evidence From Taiwan。Pacific-Basin Finance Journal,13(5),523-546。  new window
25.Malmendier, Ulrike、Tate, Geoffrey(2005)。Does overconfidence affect corporate investment? CEO overconfidence measures revisited。European Financial Management,11(5),649-659。  new window
26.Chung, Kee H.、Pruitt, Stephen W.(1994)。A Simple Approximation of Tobin's Q。Financial Management,23(3),70-74。  new window
27.Camerer, Colin、Lovallo, Dan(1999)。Overconfidence and Excess Entry: An Experimental Approach。The American Economic Review,89(1),306-318。  new window
28.Barber, Brad M.、Odean, Terrance(2000)。Trading is hazardous to your wealth: The common stock investment performance of individual investors。The Journal of Finance,55(2),773-806。  new window
29.Bradley, M.、Desai, A.、Kim, E. H.(1988)。Synergistic Gains from Corporate Acquisitions and Their Division between the Stockholders of Target and Acquiring Firms。Journal of Financial Economics,21(1),3-40。  new window
30.Klein, Benjamin、Crawford, Robert G.、Alchian, Armen A.(1978)。Vertical Integration, Appropriable Rents, and the Competitive Contracting Process。The Journal of Law and Economics,21(2),297-326。  new window
31.Malmendier, Ulrike、Tate, Geoffrey A.(2005)。CEO Overconfidence and Corporate Investment。The Journal of Finance,60(6),2661-2700。  new window
32.DeAngelo, Harry、DeAngelo, Linda、Skinner, Douglas J.(1996)。Reversal of fortune: Dividend signaling and the disappearance of sustained earnings growth。Journal of Financial Economics,40(3),341-371。  new window
33.Lee, Tsun-Siou、Yeh, Yin-Hua(2004)。Corporate Governance and Financial Distress: Evidence from Taiwan。Corporate Governance: An International Review,12(3),378-388。  new window
34.Mitchell, Mark L.、Mulherin, J. Harold(1996)。The Impact of Industry Shocks on Takeover and Restructuring Activity。Journal of Financial Economics,41(2),193-229。  new window
35.Rhodes-Kropf, Matthew、Viswanathan, S.(2004)。Market valuation and merger waves。Journal of Finance,59(6),2685-2718。  new window
36.Shleifer, Andrei、Vishny, Robert W.(2003)。Stock Market Driven Acquisitions。Journal of Financial Economics,70(3),295-311。  new window
37.Hackbarth, Dirk(2008)。Managerial traits and capital structure decisions。Journal of Financial and Quantitative Analysis,43(4),843-882。  new window
38.Heaton, James Brian(2002)。Managerial optimism and corporate finance。Financial Management,31(2),33-45。  new window
39.Ritter, Jay R.(1991)。The Long-run Performance of Initial Public Offerings。Journal of Finance,46(1),3-27。  new window
40.Barber, Brad M.、Odean, Terrance(2001)。Boys Will Be Boys: Gender, Overconfidence, and Common Stock Investment。The Quarterly Journal of Economics,116(1),261-292。  new window
41.Morck, Randall、Shleifer, Andrei、Vishny, Robert W.(1990)。Do Managerial Objectives Drive Bad Acquisitions?。Journal of Finance,45(1),31-48。  new window
42.Jensen, Michael C.、Ruback, Richard S.(1983)。The market for corporate control: The scientific evidence。Journal of Financial Economics,11(1-4),5-50。  new window
43.Claessens, Stijn、Djankov, Simeon、Fan, Joseph P. H.、Lang, Larry H. P.(2002)。Disentangling the Incentive and Entrenchment Effects of Large Shareholdings。The Journal of Finance,57(6),2741-2771。  new window
44.Jensen, Michael C.(1986)。Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers。The American Economic Review,76(2),323-329。  new window
45.La Porta, Rafael、López-de-Silanes, Florencio、Shleifer, Andrei、Vishny, Robert W.(2002)。Investor protection and corporate valuation。The Journal of Finance,57(3),1147-1170。  new window
46.Myers, Stewart C.、Majluf, Nicholas S.(1984)。Corporate Financing and Investment Decisions When Firms Have Information That Investor Do Not Have。Journal of Financial Economics,13(2),187-221。  new window
47.Jensen, Michael C.、Meckling, William H.(1976)。Theory of the firm: Managerial behavior, agency costs and ownership structure。Journal of Financial Economics,3(4),305-360。  new window
48.邱顯比、陳軒基、許培基、葉銀華(2004)。Does Trading Improve Individual Investor Performance?。Review of Quantitative Finance and Accounting,22(3),199-217。  延伸查詢new window
會議論文
1.Paredes, T. A.(2005)。Much Deference: Behavioral Corporate Finance, CEOs, and Corporate Governance。American Law & Economics Association Annual Meetings,40。  new window
研究報告
1.Boehren, O.、B. Oedegaard(2003)。Governance and performance revisited。  new window
2.Goel, M. A.、Thakor, A. V.(2000)。Rationality, overconfidence and leadership。  new window
圖書
1.Franks, J.、R. Harris(1989)。Shareholder Wealth Effects of UK Takeovers: Implications for Merger Policy。Mergers and Merger Policy。Oxford University Press。  new window
2.Copeland, Tom E.、Koller, Tim、Murrin, Jack(1994)。Valuation: Measuring and Managing the Value of Companies。New York, NY:John Wiley & Sons。  new window
 
 
 
 
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