Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5089250 | Journal of Banking & Finance | 2013 | 54 Pages |
Abstract
⺠We establish a link between culture, risk tolerance and takeovers. ⺠Culture affects the risk tolerance of a CEO and affects takeover premia. ⺠The cultural part of risk tolerance relates more to risk perception than aversion.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Bart Frijns, Aaron Gilbert, Thorsten Lehnert, Alireza Tourani-Rad,