Advances in Mergers and Acquisitions / edited by Cary L. Cooper and Sydney Finkelstein.

Format:

Book

Contributor:

Cooper, Cary L., editor.

Finkelstein, Sydney, editor.

Series:

Advances in mergers and acquisitions ; Volume 22.

Advances in Mergers and Acquisitions Series ; Volume 22

Language:

English

Subjects (All):

Consolidation and merger of corporations.

Physical Description:

1 online resource (202 pages)

Edition:

First edition.

Place of Publication:

Bingley, England : Emerald Publishing Limited, [2023]

Summary:

Volume 22 explores a range of issues relevant to a post-pandemic world- the cost-of-living crisis, energy insecurity, war in Ukraine and rising inflation are pushing many countries into recession, adversely affecting the global economy and leading to downsizing, restructurings and inevitably an increase in mergers and acquisitions.

Contents:

Intro

Half Title

Title Page

Copyright Page

Contents

About The Editors

About The Authors

Introduction

Chapter 1: Addressing Information Asymmetry in Acquisitions: The Role of Social Ties

Theoretical Background

Information Asymmetries in Acquisitions

Contextual Conditions Affecting Information Asymmetries

Social Ties as Tools to Address Information Asymmetries

A Typology of Social Ties-Based Solutions to Information Asymmetries

Addressing Information Asymmetries Before the Acquisition Announcement

Addressing Information Asymmetries After the Acquisition Announcement

Discussion and Conclusion

Managerial Considerations

Research Implications

References

Chapter 2: The Role of Sustainability in Mergers &amp

Acquisitions: A Literature Review

Methodology of the Literature Review

The Role of Sustainability in the Pre-M&amp

A Phase

Due Diligence

Deal Valuation

Deal Duration

Method of Payment

Stock Market Reactions

The Role of Sustainability in the Post-M&amp

Sustainability Orientation in Post-M&amp

A

Post-M&amp

A Operating Performance

Impact of M&amp

As on Sustainability

Impact of Sustainability on M&amp

A Performance

Directions for Future Studies

Chapter 3: Effects of Human Factors on Knowledge Sharing During Chinese Cross-Border M&amp

A Integration: A Dual-Case Study

Knowledge Transfer in CBMAs

Communication and Knowledge Transfer

Employee Turnover and Knowledge Transfer

Trust and Knowledge Transfer

Methods

Case Design

Data Collection and Analysis

Key Findings

Two-way Knowledge Transfer

Dominant Transfer of Product-related Knowledge Through JVs.

Complementary Knowledge Transferred for Overseas Synergies Realization

All-round Communication Programs

Turnover of Key Skilled Workers at Chinese Acquirers

Competence-based Trust

Chapter 4: A Triadic Process View of Divestors, Targets, and Acquirers

Scaling-Up Precis

The Acquisition of Mechanic

The Acquisition of Assembly

Discussion

Conclusion

Chapter 5: Private Company Seller Perspectives in Lower-Middle Market M&amp

Research Background

Seller Motivation

Process, Leadership, and Statistics

Value of the Advisor

Types of Advisors

Contribution of the Advisor

In Practice

Chapter 6: Acquirer's Search for a Partner: The Role of Inter-Organizational Relationships

Why Inter-Organizational Relationships Matter: from The Perspective of Strategic Management Theories

Signaling Theory

Choice of Target Firm: A Signaling Mechanism

When Are Signals Most Valuable? The Conditions Affecting The Value of Signals

The Moderating Role of Being a Start-up Firm

The Moderating Role of Reputation of Partners Affiliated With Firms

M&amp

A Performance and Potential to Draw on Signaling Theory

Directions for Future Research

Chapter 7: A Review and Future Research Opportunities of The Post-Merger Integration Research Using The Social Network Perspective

Pre-Merger Conditions

Pre-Merger Expectations

Avenues for Social Network Research in The Pre-Merger Stage

Employee Reactions to Merger Processes

Avenues for Social Network Research in The Merger Processes Stage

Merger Outcomes

Avenues for Social Network Research in The Merger Outcomes Stage

Future Research Directions

Practical Advice on Data Collection.

Conclusion

Chapter 8: Reflections On Urgency in Mergers and Acquisitions: Views, Reviews, and Directions for Future Research

Merger Integration and Speed

Approaching Urgency in Merger Integration as a "Dilemma of Stake"

The Two Arguments: "Go Slow" and the "Need for Speed"

"Go Slow"

"Need for Speed"

Contextualizing Urgency in Merger Integration

Internal Context and Forms of Integration

External Context: Managing Mergers in the Public Sector

Public Sector Processes.

Political Imperatives.

Mapping an Agenda for Future Research

Chapter 9: How Private Equity Investors Drive M&amp

1. Introduction

2. Theoretical Background

2.1 M&amp

2.2 Private Equity Investment

3. Methods

3.1 Research Design

3.2 Data Collection

3.3 Data Analysis

4. Findings

4.1 Perceived M&amp

4.1.1. Financial Return

4.1.2 Realized Value Creation

4.1.3 Deal Execution

4.2 Organizational Set-up

4.2.1 Incentivization

4.2.2 Decision-making

4.2.3 Interdependencies

4.3 Professional Identity

4.3.1 Excellence

4.3.2 Critical View

4.3.3 Mindset

4.4 Integrative Work Approach

4.4.1 Holistic Responsibilities

4.4.2 Market Research

4.4.3 Relationship Management

5. Developing an emergent theoretical model

6. Discussion

6.1 Theoretical Implications

6.2 Implications for Practice

6.3 Limitations and Future Research Opportunities

Chapter 10: Micro-Foundations in Mergers and Acquisitions Research: Exploring The Case of Emotions

Methodology

Findings

Change Disengagement

Change Resistance

Change Acceptance

Change Proactivity

Integrating the Circumplex Model of Emotions.

Need to Further Explore Positive Emotions

Positioning M&amp

A Research for Success

Knowledge Depth and Breadth

Index.

Notes:

Description based on print version record.

Includes bibliographical references and index.

ISBN:

1-83753-860-3

OCLC:

1399170879