Acquisition vs. Alliance: The Impact of Hubris on Governance Choice

The book explores the intersection of organizational behavior, decision-making theories, and psychology as they relate to managerial decision-making. It examines how personality traits, particularly hubris, influence strategic choices between acquisitions and alliances, essential for maintaining corporate health and competitive advantage. A comprehensive literature review on governance modes is presented, alongside an analysis of hubris, distinguishing it from similar traits like narcissism and overconfidence. The work further investigates hubris in investment and governance decisions, providing valuable insights for strategic leadership.