Managerial hubris
From Infogalactic: the planetary knowledge core
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 a manager may choose to invest in a merger that on average generates no profits.[1]
See also
References
- ↑ Lua error in package.lua at line 80: module 'strict' not found.