search query: @author Fichman, M. / total: 7
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| Author: | Haunschild, P. Davis-Blake, A. Fichman, M. |
| Title: | Managerial overcommitment in corporate acquisition processes |
| Journal: | Organization Science
1994 : NOV, VOL. 5:4, p. 528-540 |
| Index terms: | MERGERS MERGERS DECISION MAKING |
| Language: | eng |
| Abstract: | The weight of available evidence indicates that most acquisitions impair rather than enhance the value of the acquiring firm. However, relatively little is known about why executives tend to err in making acquisitions. Building upon an important line of thought, the authors of this paper focus on the acquisition decision process and particularly the tendency for strategies to simply become over-committed to making a specific acquisition. The authors examine some specific determinants of over-commitment to an acquisition. |
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