Investor sentiment and bidder announcement abnormal returns
(2015)
Journal Article
Danbolt, J., Siganos, A., & Vagenas-Nanos, E. (2015). Investor sentiment and bidder announcement abnormal returns. Journal of Corporate Finance, 33, 164-179. https://doi.org/10.1016/j.jcorpfin.2015.06.003
We introduce the significance of a direct sentiment proxy as an explanatory variable of bidder announcement returns. We argue that sentiment subconsciously influences investor perception of potential merger synergies and risks, and therefore relates... Read More about Investor sentiment and bidder announcement abnormal returns.