Search results for "behavioral theory of strategy"

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The bright and dark sides of CEO hubris: Assessing cultural distance in international business

2021

This paper aims to enrich the behavioral theory of international business strategyby investigating how CEO hubris (i.e., excess pride and confidence) affects inter-national strategic choices, that is, location selection, entry timing, and modes ofentry into the target market. Specifically, we focus on the relationship betweencultural distance and international strategic choices and consider hubris as a mech-anism that influences CEOs’ decisions. Our conceptual framework recognizes thatthe performance of international strategies managed by hubristic CEOs isextremely volatile. On the one hand, we corroborate the idea that hubris has adark side that may lead to pernicious outcomes. On the othe…

HubrisStrategy and Managementbehavioral theory of strategyInternational businesscultural distanceentry modesInternationalizationPolitical economybehavioral theory of strategy cultural distance entry modes hubris internationalization locationoverconfidence timinCultural distancetimingEconomicsoverconfidenceBusiness and International Managementinternationalizationbehavioral theory of strategy cultural distance entry modes hubris internationalization location overconfidence timinghubrislocationOverconfidence effect
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