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E-raamat: Handbook of Research on Mergers and Acquisitions

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For the last four decades, researchers in various disciplines have been trying to explain the enduring paradox of the growing activity and volume of mergers and acquisitions (M&A) versus the high failure rate of M&A. This handbook will stimulate scholars to focus on new research directions.The contributors explore how underlying concepts and methodologies can make an important contribution towards understanding M&A and their performance. This authoritative volume presents research that incorporates multidisciplinary, multi-level, multi-stage and cross-cultural models and analyses, and also focuses on such issues as process-content, knowledge transfer, due diligence, performance measures, communication, trust, grief, integration approaches, individual values, change management, and consulting.

Scholars interested in research on strategy as well as Masters and PhD students on mergers and acquisitions courses will find much of value in this compilation.

Contributors include: M.F. Ahammad, N.M. Ashkanasy, Z.R. Bachar, A.F. Buono, K.M. Ellis, P.-G. Hourque, P. Junni, M.H. Kavanagh, B.T. Lamont, M.L. Mark, O. Meglio, E. Metais, P.H. Mirvis, A.L. Ranft, T.H. Reus, A. Risberg, R.M. Sarala, A.-M. Søderberg, G.K. Stahl, S. Tarba, E. Vaara, P. Very, Y. Weber
List of contributors
vii
Introduction ix
Yaakov Weber
PART I NEW MODELS AND EMPIRICAL FINDINGS ON CONNECTIONS BETWEEN M&A STAGES
1 The role of trust in mergers and acquisitions: a conceptual framework and empirical evidence
3(29)
Gunter K. Stahl
2 Integration of international mergers and acquisitions: test of a new paradigm
32(29)
Yaakov Weber
Shlomo Yedidia Tarba
Gunter K. Stahl
Ziva Bachar-Rozen
PART II RESEARCH AGENDA AND THEORETICAL DEVELOPMENT ON CONNECTION BETWEEN M&A STAGES AND CONTEXT VARIABLES
3 A research agenda to increase merger and acquisition success
61(15)
Mitchell Lee Marks
Philip H. Mirvis
4 Placing process factors along with contextual factors in merger and acquisition research
76(32)
Taco H. Reus
Kimberly M. Ellis
Bruce T. Lamont
Annette L. Ranft
5 The dynamics of knowledge transfer in mergers and acquisitions
108(39)
Paulina Junni
Riikka M. Sarala
Eero Vaara
PART III METHODOLOGICAL ISSUES IN M&A RESEARCH
6 Merger and acquisition outcomes - is it meaningful to talk about high failure rates?
147(25)
Annette Risberg
Olimpia Meglio
7 Researching mergers and acquisitions with the case study method: idiographic understanding of longitudinal integration processes
172(31)
Lars Bengtsson
Rikard Larsson
8 Individual values and organizational culture during a merger: immovable objects or shifting sands?
203(30)
Marie H. Kavanagh
Neal M. Ashkanasy
PART IV NEW AND UNDER-EXPLORED CONTEXT AND PROCESS VARIABLES IN VARIOUS M&A STAGES
9 Facilitating mergers through management and organization of communication: an analysis of strategic communication in a cross-border merger
233(26)
Anne-Marie Søderberg
10 Determinants of top management retention in cross border acquisitions
259(24)
Mohammad Faisal Ahammad
Keith W. Glaister
Yaakov Weber
Shlomo Yedidia Tarba
11 Grief and the management of mergers and acquisitions
283(26)
Philippe Very
Emmanuel Metais
Pierre-Guy Hourquet
Index 309
Edited by Yaakov Weber, Chair, Department of Strategy and Entrepreneurship, School of Business Administration, College of Management, Israel