CEO Overconfidence in Mergers & Acquisitions – Literature Review

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“Many managements apparently were overexposed in impressionable childhood years to the story in which the imprisoned handsome prince is released from a toad’s body by a kiss from a beautiful princess. Consequently, they are certain their managerial kiss will do wonders for the profitability of Company T[arget]…We’ve observed many kisses but very few miracles. Nevertheless, … Continue reading CEO Overconfidence in Mergers & Acquisitions – Literature Review

Is the International Business Research Agenda Running Out of Steam by Buckley (2002)

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Main Takeaways from Paper Three key research areas of the past The explanation of foreign direct investment (FDI) The multinational firm (MNEs) Globalization of business The current research areas are M&A, Knowledge management, geography, and location. The agenda is stalled because no big question has currently been identified. A need to look back at the … Continue reading Is the International Business Research Agenda Running Out of Steam by Buckley (2002)

Rationalism

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Rationalism argues that knowledge cannot be obtained by one’s senses and observations but only through reason. The area is primarily represented by Rene Descartes (1596-1650) who argued that our senses are unreliable and we make mistakes based on them all the time. Deduction is the primary way of obtaining knowledge according to rationalism. Deduction is … Continue reading Rationalism