All of the Following Are True of Overconfident CEOs EXCEPT

question 92

Multiple Choice

All of the following are True of overconfident CEOs EXCEPT

• A) overconfident CEOs tend to charge ahead with mergers and acquisitions even though they are aware that most acquisitions destroy shareholder value.
• B) overconfident CEOs view their company as undervalued by outside investors.
• C) overconfident CEOs are more likely to do deals that diversify their firm's lines of businesses.
• D) the overconfidence of CEOs may lead to hubris.
• E) overconfident CEOs were less likely to make an acquisition when they could avoid selling new stock to finance them.

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Definitions:

Distressing Situation

An event or circumstance that causes anxiety, sorrow, or pain, often triggering emotional or psychological stress.

Presence

The state or fact of existing, occurring, or being present in a place or thing.

Self-Employed

A person who works for themselves and does not receive a salary from an employer, but instead earns income directly from their business or profession.

Work Settings

Work settings refer to the physical and social environments in which individuals carry out their job duties, including the organizational culture and structural aspects.