Beware the winner's curse : victories that can sink you and your company / G. Anandalingam and Henry C. Lucas, Jr.

Format:

Book

Author/Creator:

Anandalingam, G.

Contributor:

Lucas, Henry C.

Language:

English

Subjects (All):

Consolidation and merger of corporations--Psychological aspects.

Consolidation and merger of corporations.

Corporate reorganizations.

Physical Description:

1 online resource (257 p.)

Place of Publication:

England ; New York : Oxford University Press, 2004.

Language Note:

English

Summary:

'Beware the Winner's Curse' shows how hubris and badly aligned financial incentives lead managers to aggressively pursue victories, and end up worse off as a result. It explores recent disasters in business, sports, and entertainment, and offers concrete steps that managers can take to avoid encountering the curse.

Contents:

Contents; Part I: The Winner's Curse; 1. Origin of the Winner's Curse; 2. The spectrum auction fiasco; Part II: How Psychological and Market Factors Promote the Winner's Curse; 3. Hubris and the urge to merge and acquire; 4. The Curse can appear anywhere; 5. The mad scramble to acquire optical technology; 6. Dot-coms: On top of the world for a while; 7. Winners and losers in the securities industry; 8. Complacency in the computer industry; Part III: How Does One Avoid the Winner's Curse?; 9. Winning is not everything; 10. Avoiding the Winner's Curse; Index; A; B; C; D; E; F; G; H; I; J; K; L

MN; O; P; Q; R; S; T; U; V; W; X; Y; Z

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

Description based on print version record.

Description based on publisher supplied metadata and other sources.

ISBN:

9786612235269

1-280-53546-6

9786610535460

0-19-803944-1

1-282-23526-5

OCLC:

302356396