haku: @author Haunschild, P. / yhteensä: 4
viite: 2 / 4
| Tekijä: | Haunschild, P. |
| Otsikko: | How much is that company worth?: Interorganizational relationships, uncertainty, and acquisition premiums |
| Lehti: | Administrative Science Quarterly
1994 : SEP, VOL. 39:3, p. 391-411 |
| Asiasana: | UNCERTAINTY COMPANIES INTERORGANIZATIONAL RELATIONS |
| Kieli: | eng |
| Tiivistelmä: | This study investigates the effects of interorganizational relationships on the decision of how much to pay when acquiring another company (acquisition premiums). The author argues that firm managers will look to both their interlock partners and professional firms when deciding how much to pay. Drawing on diverse literatures on the effects of uncertainty on interorganizational relationships, the author further argues that the impact of interlocks and professional firms on the premium decision will be stronger when managers are uncertain about the value of the acquisition target. |
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