Toward a Market/Ownership Constrained Theory of Merger Behavior
| Autor: | James R. Lang, Virginia L. Blackburn |
|---|---|
| Rok vydání: | 1989 |
| Předmět: |
Strategy and Management
media_common.quotation_subject 05 social sciences ComputingMilieux_PERSONALCOMPUTING 0506 political science 050903 gender studies 050602 political science & public administration Conceptual model Perfect competition Business 0509 other social sciences Finance Industrial organization Market conditions media_common |
| Zdroj: | Journal of Management. 15:77-88 |
| ISSN: | 1557-1211 0149-2063 |
| DOI: | 10.1177/014920638901500107 |
| Popis: | This study presents a conceptual model of corporate merger behavior that specifies the roles of corporate ownership, executive motivation, and market constraints in determining merger strategy choices and performance. It is suggested that an understanding of both executive intent and competitive market conditions is necessary to predict the consequences of mergers for the acquiring firms. Propositions regarding expected merger strategy choices and performance under different ownership and market conditions are presented. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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