Journal ArticleDOI
Consequences of Integration Heterogeneity in Mergers and Acquisitions
María Iborra,Consuelo Dolz +1 more
TLDR
In this paper, the authors analyze the heterogeneity of acquisition integration processes, starting from the integration types laid down by Haspeslagh and Jemison (1991), and describe integration processes in terms of their integration level and their integration style.Abstract:
In this paper, we analyze the heterogeneity of acquisition integration processes. Starting with the integration types laid down by Haspeslagh and Jemison (1991), we describe integration processes in terms of their integration level and their integration style. We analyze the postacquisition consequences of integration choice in terms of organizational management analysis, employee turnover, and communication and socialization problems. In a sample of 74 Spanish acquisitions, we demonstrate that management choices about integration level and integration style explain the more relevant consequences of the integration process. They have different consequences in terms of organizational management analysis, employee retention, and communication and socialization.read more
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Journal Article
Acquiring new technologies and capabilities: A grounded model of acquisition implementation
Annette L. Ranft,Michael D. Lord +1 more
TL;DR: An empirically grounded model of technology and capability transfer during acquisition implementation is developed and proposals are developed to help guide further inquiry into the dynamics of acquisition implementation processes in general and, more specifically, the process of acquiring new technologies and capabilities from other firms.
Journal ArticleDOI
Internationalization of firms: revitalizing the board of directors after a cross-border acquisition
TL;DR: In this article, an integration manager is introduced within the board of privately held firms going internationally via acquisitions and serving as an outsider able to balance the conflicting demands of the previously separated entities during their integration process.
Journal Article
El efecto del horizonte temporal en el resultado de las fusiones y adquisiciones: el caso de las cajas de ahorro españolas
TL;DR: In this article, the authors highlight the importance of adopting a horizonte temporal suficientemente largo a la hora de evaluar the exito of las fusiones and adquisiciones, asi como poner de manifiesto que the resultados obtenidos pueden venir condicionados by el indicador seleccionado for evaluarse el exito de la operación.
Journal ArticleDOI
The successful takeover of La Sexta by Antena 3: pre- and post-merger factors
TL;DR: In this article, the authors investigate the merger arranged in the audiovisual sector between Antena 3 and La Sexta, and specifically the pre- and post-merger factors.
The role of the integration architecture and psychology for exploiting knowledge in acquisitions
Consuelo Dolz,María Iborra +1 more
TL;DR: Cette etude demontre that le style d’integration a un impact relevant sur the creation of valeur des acquisitions pour l’exploitation des connaissances compte sur hauts niveaux d”integration.
References
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Journal ArticleDOI
Exploration and Exploitation in Organizational Learning
TL;DR: In this paper, the authors consider the relation between the exploration of new possibilities and the exploitation of old certainties in organizational learning and examine some complications in allocating resources between the two, particularly those introduced by the distribution of costs and benefits across time and space.
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Integrating Strategic, Organizational, and Human Resource Perspectives on Mergers and Acquisitions: a Case Study of Synergy Realization
TL;DR: In this paper, the authors developed a conceptual framework that integrates theoretical perspectives from economics, finance, and especially strategy, organization theory, and human resource management to offer a broader process-oriented integrative model.
Journal ArticleDOI
Learning Through Acquisitions
Freek Vermeulen,Harry G. Barkema +1 more
TL;DR: In this article, the authors move beyond that perspective and study the infrastructures in the context of acquisitions, examining issues such as performance and implementation problems, instead of focusing on acquisitions per se.
Journal ArticleDOI
Corporate Acquisitions: A Process Perspective
David B. Jemison,Sim B. Sitkin +1 more
TL;DR: In this article, the authors suggest that the choice perspective be supplemented with a process perspective which recognizes the acquisition process itself as a potentially important determinant of activities and outcomes, and a series of research propositions is offered suggesting how four impediments present in the process itself might affect acquisition outcomes.
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Human Assets and Management Dilemmas: Coping With Hazards On the Road to Resource-Based Theory
TL;DR: In this article, the authors develop a framework for analyzing and coping with the challenges that may prevent firms from generating an advantage by using human assets as a source of sustainable advantage because tacit knowledge and social complexity are hard to imitate.