Managerial hubris

Managerial hubris

Managerial hubris is the unrealistic belief held by managers in bidding firms that they can manage the assets of a target firm more efficiently than the target firm's current management. Managerial hubris is one reason why a manager may choose to invest in a merger that on average generates no profits.[1]

See also

References

  1. ^ Jay B. Barney and William S. Hesterly (2008). Strategic Management and Competitive Advantages. Pearson Prentice Hall. pp. 380. ISBN 0-13-613520-X. 

Wikimedia Foundation. 2010.

Игры ⚽ Поможем решить контрольную работу

Look at other dictionaries:

  • international relations — a branch of political science dealing with the relations between nations. [1970 75] * * * Study of the relations of states with each other and with international organizations and certain subnational entities (e.g., bureaucracies and political… …   Universalium

  • Mergers and acquisitions — Merger redirects here. For other uses, see Merge (disambiguation). For other uses of acquisition , see Acquisition (disambiguation). Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis …   Wikipedia

  • performing arts — arts or skills that require public performance, as acting, singing, or dancing. [1945 50] * * * ▪ 2009 Introduction Music Classical.       The last vestiges of the Cold War seemed to thaw for a moment on Feb. 26, 2008, when the unfamiliar strains …   Universalium

  • Pat Buchanan — Infobox Celebrity name = Pat Buchanan caption = Pat Buchanan in 2008 birth date = birth date and age|mf=yes|1938|11|2 birth place = Washington, D.C., United States death place = occupation = Writer, political commentator spouse = Shelley Ann… …   Wikipedia

  • Micromanagement — This article is about the management style in business. For micromanagement in video gaming, see Micromanagement (gameplay). In business management, micromanagement is a management style where a manager closely observes or controls the work of… …   Wikipedia

  • Opportunism — Opportunity Seized, Opportunity Missed. Engraving by Theodoor Galle, 1605. Contents 1 General definition …   Wikipedia

  • Benjamin Lumley — Beginnings at His Majesty s TheatreLumley trained as a solicitor. In this capacity he gave legal advice to the financially troubled manager of His Majesty’s Theatre, Laporte, who came to rely on him extensively. Soon Lumley was taking all the… …   Wikipedia

  • Political positions of Hillary Rodham Clinton — U.S. Senator Hillary Rodham Clinton (D NY), a former candidate for the nomination of the Democratic Party in the 2008 U.S. Presidential election, has taken positions on many political issues through her public comments and her senatorial voting… …   Wikipedia

  • Wee Shu Min elitism scandal — The Wee Shu Min elitism scandal was a Singaporean scandal in October 2006 in which Wee Shu Min, daughter of parliament member Wee Siew Kim and then eighteen year old student on Raffles Junior College s scholarship programme, found herself in… …   Wikipedia

  • American Art-Union — The American Art Union (1839 1851) was a subscription based organization founded in 1840, whose goal was to enlighten and educate an American public to a national art, while providing a support system for the viewing and sales of art “executed by …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”