Ep.70 – Afra Afsharipour on Bias, Identity, and M&A

Afra Afsharipour, professor of law at UC Davis, joins the Business Scholarship Podcast to discuss her essay Bias, Identity and M&A. In this essay, Afsharipour considers the non-value maximizing behavioral biases that can influence M&A activity, with a particular focus on senior management and a board's ability to monitor senior management in the deal process. As part of this discussion, Afsharipour reviews recent empirical research on the relationship between management identity and M&A behavior. This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.