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Antecedents of M&A succes : the role of strategic complementarity, cultural fit, and degree and speed of integration
In this paper, we develop a comprehensive model of M&A success. We integrate fundamental constructs of different schools and discuss their interdependencies with M&A success. Our theoretical framework was tested empirically across a sample of 106 SME transactions in the machinery, electronic, and logistic industries in the German-speaking part of Central Europe. The results of our study support the demand for an integrative perspective and theory on M&A. M&A success is a function of strategic complementarity, cultural fit, and the degree of integration. Strategic complementarity also positively influences cultural fit and the degree of integration. Cultural fit positively influences M&A success, but surprisingly has a negative impact on the speed and degree of integration. The degree of integration is positively related to speed of integration. .Printed Journal, baca ditempat
Call Number | Location | Available |
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SMJ3502 | PSB lt.dasar - Pascasarjana | 1 |
Penerbit | Wiley Periodicals., |
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Edisi | - |
Subjek | Post M&A Strategic complementarity Cultural compatibility merger integration M&A success |
ISBN/ISSN | 1432095 |
Klasifikasi | - |
Deskripsi Fisik | - |
Info Detail Spesifik | - |
Other Version/Related | Tidak tersedia versi lain |
Lampiran Berkas | Tidak Ada Data |