Why some CFOs make better M&A deals : when chief financial officers have greater influence in the C-suite, companies are far less likely to destroy value by overpaying for acquisitions / Ayse Karaevli, Serden Özcan.

Format:

Book

Author/Creator:

Karaevli, Ayse, author.

Özcan, Serden, author.

Language:

English

Subjects (All):

Consolidation and merger of corporations--Management.

Consolidation and merger of corporations.

Physical Description:

1 online resource (9 pages) : illustrations

Edition:

[First edition].

Place of Publication:

[Place of publication not identified] : MIT Sloan Management Review, [2022]

Summary:

Many companies fall into the trap of paying an excessively large premium to close an acquisition. The authors analyzed nearly 2,000 acquisitions by U.S. companies over a period of more than 20 years and found that companies were less likely to overpay if their CFO had certain characteristics that allowed them to wield greater influence in strategic decision-making. Those common characteristics are markers of informal power based on a CFO's breadth of skills, relationships, and status.

Notes:

OCLC-licensed vendor bibliographic record.

"Reprint 63417."

OCLC:

1331412348

Publisher Number:

53863MIT63417