References of "Frijns, Bart"
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See detailUncertainty avoidance, risk tolerance and corporate takeover decisions
Frijns, Bart; Gilbert, Aaron; Tourani Rad, Ali Reza et al

in Journal of Banking and Finance (2013), 37

In this paper, we examine the role of national culture in corporate takeover decisions, by arguing that managerial risk tolerance (a combination of risk aversion and risk perception), at the national ... [more ▼]

In this paper, we examine the role of national culture in corporate takeover decisions, by arguing that managerial risk tolerance (a combination of risk aversion and risk perception), at the national level, is a cultural trait and affects the expected net synergies CEOs require. We propose a theoretical framework that links CEO risk tolerance to the expected net synergies. We empirically show that CEOs of firms located in countries with lower levels of risk tolerance, measured by Hofstede’s (1980, 2001) uncertainty avoidance score, require higher premiums on takeovers, and show that uncertainty avoidance plays a greater role in relatively large takeovers. Additional testing reveals that CEOs from high uncertainty avoiding nations engage less in cross-border/cross-industry takeovers, suggesting that uncertainty avoidance captures more the CEO’s risk perception than his/her risk aversion. [less ▲]

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See detailSentiment Trades and Option Prices
Lehnert, Thorsten UL; Frijns, Bart; Zwinkels, Remco

E-print/Working paper (2012)

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See detailNoise Trading and the Cross-Section of Index Option Prices
IREK, Fabian UL; Frijns, Bart; Lehnert, Thorsten UL et al

E-print/Working paper (2012)

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See detailCultural Values, CEO Risk Aversion and Corporate Takeovers
Lehnert, Thorsten UL; Frijns, Bart; Gilbert, Aaron et al

E-print/Working paper (2011)

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See detailModeling Structural Changes in the Volatility Process
Lehnert, Thorsten UL; Frijns, Bart; Zwinkels, R.

in Journal of Empirical Finance (2011)

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See detailBehavioral Heterogeneity in the Option Market
Lehnert, Thorsten UL; Frijns, Bart; Zwinkels, R.

in Journal of Economic Dynamics & Control (2010)

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See detailModeling structural changes in the volatility process
Lehnert, Thorsten UL; Frijns, Bart; C.J. Zwinkels, Remco

E-print/Working paper (2010)

Detailed reference viewed: 37 (1 UL)
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See detailBehavioral Heterogeneity in the Option Market
Lehnert, Thorsten UL; Frijns, Bart; Zwinkels, Remco

E-print/Working paper (2009)

Detailed reference viewed: 40 (0 UL)