Assignment:
If mergers and acquisitions quite often end up providing a competitive disadvantage, why do so many of them take place? Given the poor track record, is the continuing M&A activity a result of principal– agent problems and managerial hubris? What can be done to overcome principal–agent problems? Are there other reasons for poor performance?
Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.