6Aktas, N., De Bondt, E., Roll, R., 2006, “Hubris, Learning, and M&A Decisions: Empirical Evidence”, Working Paper (University of California at Los Angeles).
7Asquith, P., 1983, "Merger Bids, Uncertainty, and Stockholder Returns", Journal of Financial Economics, 11, pp. 51-83.
8Asquith, P., Bruner, R., Mullins, D., 1983, "The Gains to Bidding Firms from Merger", Journal of Financial Economics, 11, pp.121-139.
9Billett, M., Qian, Y., 2005, "Are Overconfidence Managers Born or Made? Evidence of Self-Attribution Bias from Frequent Acquirers", Working Paper (University of Iowa).
10Bradley, M., Desai, A., Kim, E. H., 1988, "Synergistic Gains from Corporate Acquisitions and their Division Between the Stockholders of Target and Acquiring Firms", Journal of Financial Economics, 21, pp.3-40.
3Miller & Modigliani. Dividend Policy, Growth, and the Valuation of Shares [J]. The Journal of Business, Octo- ber 1961.
4Farrar & Selwyn. Taxes, Corporate Financial Policy and Return to Investors [J]. Cambridge, Mass., M.I.T., 1967.
5De Bondt Werner F. M., R. Thaler ,Does the Stock Market Overreact? [J] , Journal of Finance, 1985,40(3), P793-805.
6Langer Ellen J, The Illusion of Control [J], Journal of Personality and Social Psychology, 1975, 32 (2), P311-328.
7Weinstein N. D, Unrealistic Optimism about Future Life Events [J], Journal of Personality and Social Psychology, 1980,39, P806-820.
8De Bondt Werner FM, Richard T. Does the stock mar-ket Overreact [J]. Journal of Finance, 1985, (40): 793--805.
9l.ndier A,Thesmar D. Financial Contracting with Opti- mistic Entrepreneurs [J]. Review of Financial Studies, 2009, 22(1): 117.
10Ben-David I, Graham J R, Harvey C R. Managerial Overconfidence and Corporate Policies |EB/OL]. (2007-11- 26) [2009-05-13]. Http://ssm.com/ab- stract=890300.
