The Effect of Managers? Overconfidence who have Made Mergers and Acquisitions on the Firm Value
dc.authorid | Can, Reyhan/0000-0003-1269-273X | |
dc.contributor.author | Can, Reyhan | |
dc.contributor.author | Dizdarlar, Hatice Isin | |
dc.date.accessioned | 2024-11-07T13:24:17Z | |
dc.date.available | 2024-11-07T13:24:17Z | |
dc.date.issued | 2022 | |
dc.department | Niğde Ömer Halisdemir Üniversitesi | |
dc.description.abstract | This 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.doi | 10.17233/sosyoekonomi.2022.04.05 | |
dc.identifier.endpage | 119 | |
dc.identifier.issn | 1305-5577 | |
dc.identifier.issue | 54 | |
dc.identifier.scopus | 2-s2.0-85177408801 | |
dc.identifier.scopusquality | N/A | |
dc.identifier.startpage | 101 | |
dc.identifier.trdizinid | 1138748 | |
dc.identifier.uri | https://doi.org/10.17233/sosyoekonomi.2022.04.05 | |
dc.identifier.uri | https://search.trdizin.gov.tr/tr/yayin/detay/1138748 | |
dc.identifier.uri | https://hdl.handle.net/11480/14029 | |
dc.identifier.volume | 30 | |
dc.identifier.wos | WOS:000877686200005 | |
dc.identifier.wosquality | N/A | |
dc.indekslendigikaynak | Web of Science | |
dc.indekslendigikaynak | Scopus | |
dc.indekslendigikaynak | TR-Dizin | |
dc.language.iso | en | |
dc.publisher | Sosyoekonomi Soc | |
dc.relation.ispartof | Sosyoekonomi | |
dc.relation.publicationcategory | Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı | |
dc.rights | info:eu-repo/semantics/openAccess | |
dc.snmz | KA_20241106 | |
dc.subject | Behavioural Finance | |
dc.subject | Manager?s Overconfidence | |
dc.subject | Merger and Acquisition | |
dc.subject | Firm Value | |
dc.title | The Effect of Managers? Overconfidence who have Made Mergers and Acquisitions on the Firm Value | |
dc.title.alternative | Birleşme ve Satın Alma Gerçekleştiren Firma Yöneticilerinin Aşırı Güven Davranışlarının Firma Değeri Üzerine Etkisi | |
dc.type | Article |