The Effect of Managers? Overconfidence who have Made Mergers and Acquisitions on the Firm Value

dc.authoridCan, Reyhan/0000-0003-1269-273X
dc.contributor.authorCan, Reyhan
dc.contributor.authorDizdarlar, Hatice Isin
dc.date.accessioned2024-11-07T13:24:17Z
dc.date.available2024-11-07T13:24:17Z
dc.date.issued2022
dc.departmentNiğde Ömer Halisdemir Üniversitesi
dc.description.abstractThis study aims to examine the effect of overconfidence behaviours of the managers of the companies whose stocks are traded in Borsa Istanbul on the firm value. In the study, a model was created for Tobin q (Model 1), stock market value (Model 2) and enterprise value (Model 3). As a result of the study, a negative relationship was determined between the change in firm value and the overconfidence variable. According to this result, if the managers performing mergers and acquisitions are overconfident, the incorrect decision may be made while determining the firm value. This leads to a decrease in the wealth of the shareholders. In this respect, managers' overconfidence should also be considered while performing mergers and acquisitions in firms.
dc.identifier.doi10.17233/sosyoekonomi.2022.04.05
dc.identifier.endpage119
dc.identifier.issn1305-5577
dc.identifier.issue54
dc.identifier.scopus2-s2.0-85177408801
dc.identifier.scopusqualityN/A
dc.identifier.startpage101
dc.identifier.trdizinid1138748
dc.identifier.urihttps://doi.org/10.17233/sosyoekonomi.2022.04.05
dc.identifier.urihttps://search.trdizin.gov.tr/tr/yayin/detay/1138748
dc.identifier.urihttps://hdl.handle.net/11480/14029
dc.identifier.volume30
dc.identifier.wosWOS:000877686200005
dc.identifier.wosqualityN/A
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.indekslendigikaynakTR-Dizin
dc.language.isoen
dc.publisherSosyoekonomi Soc
dc.relation.ispartofSosyoekonomi
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/openAccess
dc.snmzKA_20241106
dc.subjectBehavioural Finance
dc.subjectManager?s Overconfidence
dc.subjectMerger and Acquisition
dc.subjectFirm Value
dc.titleThe Effect of Managers? Overconfidence who have Made Mergers and Acquisitions on the Firm Value
dc.title.alternativeBirleşme ve Satın Alma Gerçekleştiren Firma Yöneticilerinin Aşırı Güven Davranışlarının Firma Değeri Üzerine Etkisi
dc.typeArticle

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