Which of the following postulates that top managers typically overestimate their ability to create value from an acquisition?
A)Bandwagon effect
B)Fisher effect
C)Hubris hypothesis
D)International Fisher effect
E)Learning effect

Question

Quizplus · Accepted Answer

The hubris hypothesis postulates that top managers typically overestimate their ability to create value from an acquisition, primarily because rising to the top of a corporation has given them an exaggerated sense of their own capabilities.

Which of the Following Postulates That Top Managers Typically Overestimate