Advances in mergers and acquisitions

Author(s)

• Cooper, Cary L.
• Gregory, Alan
• Finkelstein, Sydney

Bibliographic Information

Advances in mergers and acquisitions

edited by Cary Cooper, Alan Gregory

JAI, 2000-

1st ed

• v. 1
• v. 2
• v. 3
• v. 4
• v. 5
• v. 6
• v. 10
• v. 14

Note

Editors of v. 3-: Cary L. Cooper, Sydney Finkelstein

Vol. 3- published: Oxford, U.K. ; Tokyo : Elsevier JAI

Vol. 8- published: Bingley : Emerald, as Emerald Books

Includes bibliographical references

Description and Table of Contents

Volume

v. 1 ISBN 9780762306831

Description

What makes the Advances in Mergers and Acquisitions series stand out is its focus on all three characteristics that make up this research field - studies from scholars in different countries, with different research questions, relying on different theoretical perspectives. Such a broad, and inclusive, approach to mergers and acquisitions is not easily replicated in academic journals, with much narrower mandates and metrics. The collections published each year provide cutting edge ideas by leading scholars on a global scale. Topicality In light of the enormous sums being invested in growth-via-acquisition strategies, as well as 'survival through merger' strategic decisions, academic research on mergers and acquisitions has never been more important. The current worldwide recession and enormous difficulties experienced by many companies throughout the globe have resulted in greater consolidation and mergers in a variety of sectors. With these widespread mergers, joint ventures and re-alignments, it is not surprising that academic research on mergers and acquisitions has been similarly robust. Each collection of articles that makes up a volume of Advances in Mergers and Acquisitions paints a picture of contemporary research on this topic. Advances in Mergers and Acquisitions brings together a series of articles from academics around the world with the expressed purpose of enhancing our knowledge of the entire M&A process, from strategic analysis to integration. Key Benefits By bringing together a collection of papers by scholars from different disciplines, with different research agendas, and hailing from a variety of countries yet all of whom are tackling the same general phenomenon, this series offers something that cannot be easily replicated in other forums. Integrative and expansive in its choice of research questions and theoretical underpinnings Advances in Mergers and Acquisitions offers a unique perspective on this diffuse topic that helps scholars think about mergers and acquisitions in new ways, building the knowledge base on this critical topic. Key Audiences The series provides a diverse explanation of topics and methods provided by scholars from around the world, and is essential reading for all academics, researchers and practitioners involved in the areas of mergers and acquisitions. Coverage The Advances in Mergers and Acquisitions series comprises of leading international scholars from a range of disciplines exploring the economic, financial, strategic or organizational behaviour aspects of mergers and acquisitions. A diversity of disciplines, perspectives, countries, topics, issues, methodologies and research questions are represented in each volume. The series explores a wide range of topical issues, from employees' attitudes toward post-merger integration, to 'culture fit', to transitional governance arrangements, to the effects of complexity and post-merger/post-acquisition integration. Coverage includes, but is not restricted to: Strategy Organizational integration Culture Leadership Financial analysis Human resource planning

Table of Contents

Introduction (C. Cooper, A. Gregory). The post merger performance puzzle (A. Agrawal, J.F. Jaffe). The influence of cultural compatibility within cross-border acquisitions: a review (R. Schoenberg). Integrating mergers and acquisitions: an international reseearch review (D.M. Schweiger, P.K. Goulet). Takeovers as a disclipinary mechanism? (R. Limmack). Corporate governance, corporate control and takeovers (S. Sudarsanam). Acquisition strategy and target resistance: a theory of countervailing effects of pre-merger bidding and post-merger integration (J. Harrison et al.). Managerial ownership and risk-reducing acquisitions (J. Doukas, M. Holmen). Mergers between professional service firms: exploring an undirected process of integration (L. Empson). Tales of trial and triumph: a narratological perspective on international acquisition (M.C. Gertsen, A.-M. Soderberg).

Volume

v. 2 ISBN 9780762310036

Description

Bringing together academics from various disciplines, these papers integrate the disparate but growing body of literature on mergers and acquisitions. The series is published to explain and discuss the unsatisfactory outcomes that result from many poorly conceived mergers.

Table of Contents

• Creating value through merger and acquisition integration, D.M. Schweiger, P. Very
• integrating acquisitions, R. Pitkethly, et al
• organisational change processes in international acquisitions, D. Faulkner, et al
• managerial preferences in international merger and acquisition partners revisited - how are they influenced?, S. Cartwright, F. Price
• value creation in large European mergers and acquisitions, M. Goergen, L. Renneboog
• the operating performance of companies involved in acquistions in the UK retailing sector, 1977-1992, S. Burt, R. Limmack
• shareholder wealth effect of diversification strategies - a review of recent developments, R. Limmack
• mergers and acquisitions - past, present and future, P.N. Gauri, P. Buckley.

Volume

v. 3 ISBN 9780762311019

Description

This is the third book in the series "Advances in Mergers and Acquisitions", comprised of leading international scholars from a range of disciplines, who explore the economic, financial, strategic or organizational behaviour aspects of M & A's. Marie Kavanagh and Neal Ashkanasy explore how management approaches to mergers and acquisitions contribute to cultural change and acculturation outcomes. The issue of management is pursued further by Duncan Angwin in his chapter on the managing executive in post-acquisition management. Richard Schoenberg highlights the significance of management style compatibility and cross border acquisition outcomes. Randall Schuler, Ibraiz Tarique and Susan Jackson explore cross border alliances as well but from the point of view of managing human resources. The ideal acquisition integration approach is examined by Kimberly Ellis and Bruce Lamont in the context of a merger of equals which leads nicely to the corporate governance issues and M & A's explored by Anant Sundaram. The remaining chapters assess the returns of M & A's to the organization, with Laurence Capron and Jung-Chin Shen positing the acquirer returns when buying public v private firms, Todd Saxton's reputations as a mobile and transferable asset and Garry Davies and Rosa Chun's reputational perspective on mergers. These leading international academics contribute enormously to our understanding of the rapidly growing merger and acquisition field.

Table of Contents

Introduction. (C. Cooper, S. Finkelstein). Management Approaches To Merger Evoked Cultural Change And Acculturation Outcomes. (M. H. Kavanagh, N. M. Ashkanasy). Acquirer Returns When Buying Public Vs Private Firms. (L. Capron, Jung-Chin Shen). The Managing Executive In Post-Acquisition Management. (D. Angwin). 'Ideal' Acquisition Integration Approaches In Related Acquisitions Of Equals: A Test Of Long-Held Beliefs. (K. M. Ellis, B. T. Lamont). Managing Human Resources In Cross-Border Alliances. (R. S. Schuler, I. Tarique, S. E. Jackson). A Reputational Perspective On Mergers. (G. Davies, R. Chun). Management Style Compatibility And Cross-Border Acquisition Outcome. (R. Schoenberg). Acquisitions And Intangible Resources: Reputations As A Mobile And Trasferable Asset. (T. Saxton). Corporate Governance And Mergers & Acquisitions. (A. K. Sundaram).

Volume

v. 4 ISBN 9780762311729

Description

"Advances in Mergers and Acquisitions" brings together a series of articles on this topic from academics around the world with the expressed purpose of enhancing our knowledge of the entire M&A process, from strategic analysis to integration. It is the diversity of perspectives in particular that creates an opportunity to learn from others, each article representing an important piece of the overall puzzle, with the ultimate goal being to boost our understanding of the determinants, process, and consequences, of mergers and acquisitions.

Table of Contents

List of Contributors. Introduction. (C. Cooper, S. Finkelstein). A Corporate Level Perspective On Acquisitions and Integration. (A. Chakrabarti, W. Mitchell). A New Way to Look at the Integration Challenge: The Reconciliation of Collective Representations. (J.M. Roch). Impact of Cultural Differences on Merger and Acquisition Performance: A Critical Research Review and an Integrative Model. (G.K. Stahl, A. Voigt). An Upper Echelons Explanation of Acquisition Outcomes. (P. Doyle Corner, A.J. Kinicki). Top Management Team Turnover in Mergers & Acquisitions. (J.A. Krug, R.V. Aguilera). Acquisition as a Mechanism of Market Evolution: An Evolutionary Perspective on How Acquisition Creates Value. (A. Fortune). M& A Strategies in Mature and Declining Industries: Theoretical Perspectives and Implications. (J. Anand). In the Market for Firms, How Should a Firm Be Sold? (I. Arikan).

Volume

v. 5 ISBN 9780762313372

Description

Each collection of articles that makes up a volume of "Advances in Mergers and Acquisitions" paints a picture of contemporary research on this topic. In this volume, we have seven contributions from scholars in North America, Europe, and Asia, and these papers collectively address acquisition strategy and acquisition integration, successful deals and unsuccessful ones, ownership structure and managerial structure, risk and return, knowledge preservation and knowledge transfer, building trust and cultivating emotions, and alliances and networks. This breadth of attention across the spectrum of research possibilities on mergers and acquisitions is remarkable in that it suggests both that this topic has morphed in recent years to encompass a broad array of issues that go far beyond what earlier generations of scholars concerned themselves with, and that there is still so much more to be learned about the processes and performance of mergers and acquisitions. One of the benefits of an edited volume of articles on a core topic is the opportunity it presents to bring together not only the diversity of topics described above, but a diversity of methods as well. The insights that emerge from these multiple methods may well be more varied than might otherwise be the case, and offer an additional potential contribution. In bringing together a set of seven different papers by scholars from different disciplines, with different research agendas, and hailing from different countries yet all of whom are tackling the same general phenomenon, this volume offers something that cannot be easily replicated in other forums. The diversity of disciplines, perspectives, and countries is remarkable, but so are the diversity of topics, issues, methodologies, and research questions they bring to bear to shed light on the same fundamental, and critical, feature of organizational life mergers and acquisitions. The book provides a diverse explanation of topics and methods, contains seven different papers provided by scholars from around the world, and is an excellent resource for researchers, students and practitioners.

Table of Contents

• Introduction. (Cary L. Cooper
• Sydney Finkelstein). Relatedness and Acquirer Performance. (Lasse B. Lien
• Peter G. Klein). Risk Reduction through Acquisitions: The Roles of Firm-Specific Investments and Agency Hazards. (Heli Wang
• Jeffrey J. Reuer ). Knowledge Preservation and Transfer During Post-Acquisition Integration. (Annette L. Ranft). Antecedents of Target Firm Members Trust in the Acquiring Firms Management: A Decision-Making Simulation. (Gunter K. Stahl
• Chei Hwee Chua
• Amy L. Pablo). Cultivating Positive Emotions in Mergers and Acquisitions. (Verena Kusstatscher). How to Avoid Ruining Your Company Through International Acquisitions? The Ahold Case. (Harry G Barkema). Interconnected Firms and the Value of Network Resources. (Dovev Lavie).

Volume

v. 6 ISBN 9780762313815

Description

Mergers and acquisitions continue to be a primary vehicle of growth for companies around the world. Not only in the United States and Europe, but also in Japan, China, India, Brazil and elsewhere senior executives are making huge bets on the future of their firms. With such intense scrutiny in the world of business, it is not surprising that academic research on mergers and acquisitions has been similarly robust. The topics range from strategy, to organizational integration, culture, leadership, human resource planning, and financial analysis. Similarly, the theories brought to bear to help understand mergers and acquisitions range from upper echelons theory to the resource based view of the firm, competitive analysis, organizational trust, networks, knowledge management, and others. What makes the "Advances in Mergers and Acquisitions" series stand out is its focus on all three characteristics that make up this research field - studies from scholars in different countries, with different research questions, and relying on different theoretical perspectives. Such a broad, and inclusive, approach to mergers and acquisitions is not easily replicated in academic journals, with much narrower mandates and metrics. The collections published each year provide cutting edge ideas by leading scholars on a global scale. Doing so not only broadens the questions being studied, but also helps researchers consider the inter-relationships among different perspectives. In the final analysis, the best way to build understanding around a topic as diffuse as mergers and acquisitions is to be both integrative, and expansive, in choice of research questions and theoretical underpinnings. "Advances in Mergers and Acquisitions" offers this unique perspective, not easily found elsewhere, that will help scholars think about mergers and acquisitions in new ways, building our knowledge base on this critical topic. In light of the enormous sums being invested in growth-via-acquisition strategies around the world, academic research on mergers and acquisitions has never been more important.

Table of Contents

The Group Psychology of Mergers & Acquisitions: Lessons from the Social Identity Approach. Pre-Merger Identification: Ties with the Past Bind us to the Future?. A Comparative Overview of the Impact of Cultural Diversity on Inter-Organisational Encounters. Motive Archetypes in Mergers and Acquisitions (M&A): The Implications of a Configurational Approach to Performance. Explaining the Effect of M&A on Technological Performance. Stock Market Reactions to Knowledge-Motivated Acquisitions. The Importance of Target Firm Customers in Acquisitions of Technology-Based Firms. Acquiring Biopharmaceutical Research: Is Market Approval a Deal Breaker?. List of Contributors. Introduction.

Volume

v. 10 ISBN 9781780521961

Description

What makes the "Advances in Mergers and Acquisitions" series stand out is its focus on all three characteristics that make up this research field - studies from scholars in different countries, with different research questions, relying on different theoretical perspectives. Such a broad, and inclusive, approach to mergers and acquisitions is not easily replicated in academic journals, with much narrower mandates and metrics. The collections published each year provide cutting edge ideas by leading scholars on a global scale. Doing so not only broadens the questions being studied, but also helps researchers consider the inter-relationships among different perspectives. In the final analysis, the best way to build understanding around a topic as diffuse as mergers and acquisitions is to be both integrative, and expansive, in choice of research questions and theoretical underpinnings. "Advances in Mergers and Acquisitions" offers this unique perspective, not easily found elsewhere, that will help scholars think about mergers and acquisitions in new ways, building our knowledge base on this critical topic.

Table of Contents

• List of Contributors. Introduction. Are All Mergers and Acquisitions Treated as if they were Alike? A Review of Empirical Literature. Organisational Commitment in Acquisitions. Merger, She Wrote: Improvising on the Script of Identification Processes During Mergers. Cultural Similarities and Differences: Impacts on Performance in Strategic Partnerships. A Comparative Anatomy of Two Cross-Border Acquisitions by Teva Pharmaceutical Industries. The Use of Accounting-Based Measures in Measuring M&A Performance: A Review of Five Decades of Research. Vertical Versus Horizontal Integration in the Biopharma Industry: The Link between Acquisition Announcements and Stock Market Performance. For Better or for Worse
• can M&As Benefit from Marriage Counselling?. A Social Network View of Post-Merger Integration. Advances in Mergers and Acquisitions. Advances in Mergers and Acquisitions. Advances in Mergers and Acquisitions. Copyright page.

Volume

v. 14 ISBN 9781785600913

Description

These ten chapters explore sequential aspects of the M & A process, from the pre-combination phase, to issues that should be taken into account when considering a merger or acquisition, to post-merger integration concerning the determinants of acquisition performance.

Table of Contents

Managing the Precombination Phase of Mergers and Acquisitions. Why is Gender not Debated in M&A?. Configuring Management Buyouts to Ensure Value Fairness. Strategic Investment Decision-Making Perspectives. Optimizing Private Middle-Market Companies for M&A and Growth. Leveraging Social Networks in Mergers: A Roadmap for Post-Merger Integration. Post-Merger Integration: Looking under the Haziness of Culture Conflict. Identity: An Instrument for Mergers and Acquisitions. Determinants of Acquisition Performance: A Multi-Industry Analysis. Copyright page. Advances in Mergers and Acquisitions. Introduction. List of Contributors. Advances in Mergers and Acquisitions. Advances in Mergers and Acquisitions.

by "Nielsen BookData"

Details

• NCID: BA52572496
• ISBN:
  • 0762306831
  • 0762310030
  • 0762311010
  • 076231172X
  • 9780762313372
  • 9780762313815
  • 9781780521961
  • 9781785600913
• Country Code: ne
• Title Language Code: eng
• Text Language Code: eng
• Place of Publication: Amsterdam
• Pages/Volumes: v.
• Size: 23-24 cm