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Tekijä: | Auster, E. R. Sirower, M. L. |
Otsikko: | The dynamics of merger and acquisition waves: a three-stage conceptual framework with implications for practice |
Lehti: | Journal of Applied Behavioral Science
2002 : JUN, VOL. 38:2, p. 216-244 |
Asiasana: | Mergers Vertical integration |
Kieli: | eng |
Tiivistelmä: | Empirical evidence suggests that the perceived financial benefits of the largest merger and acquisition waves often are not realized for corporate acquires. The authors build a three-stage conceptual framework to illuminate the dynamics of mergers and acquisitions wave activity and to help explain the frenzied persistence of this phenomenon despite poor performance results. |
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