The management of corporate acquisitions : international perspectives

Finally! A comprehensive volume on the management of corporate acquisitions that summarizes contemporary research, and that moves what we know about acquisition management a step further. The book encompasses innovative works from several countries, related to a variety of issues; managerial motives, the role of acquisitions in competitive strategy, as well as organizational and political processes. Unlike several other works on acquisitions, this book emphasizes the most critical issue faced by managers today; how to manage successfully already acquired companies and operations. Both researchers, managers and students of strategy and organization will find this book an important supplement. Front Matter....Pages i-xix Introduction....Pages 1-19 Front Matter....Pages 21-21 A Strategic Approach to Implementing Mergers and Acquisitions....Pages 23-49 Matching Acquisition Policy and Integration Style....Pages 50-87 Preparing for Value Creation in a Complex Merger among Firms in a Similar Business: Synergy Generation and Distribution Issues....Pages 88-104 Superior Performance from Implementing Merger and Acquisition Strategies: A Resource-Based Analysis....Pages 105-127 Euro Mergers 1993: Viewpoints and Predictions....Pages 128-143 The Effects of Acquisitions and Restructuring (Strategic Refocusing) Strategies on Innovation....Pages 144-169 The Antecedents and Consequences of Resistance to Take-overs....Pages 170-190 On the Efficiency of Internal and External Corporate Control Mechanisms....Pages 191-247 Front Matter....Pages 249-249 Sources of Acquisition Cultural Risk....Pages 251-292 Successful Mergers through Acculturation....Pages 293-306 Implementing Strategy in a Newly Acquired Firm....Pages 307-336 Acquisitions as Experimentation....Pages 337-358 Post-Acquisition Management: A Process of Strategic and Organisational Learning....Pages 359-390 Determinants and Consequences of Post-Acquisition Change....Pages 391-413 The Acquisition Integration Process: A Contingent Framework....Pages 414-447 Acquisition Integration: Creating the Atmosphere for Value Creation....Pages 448-479 Predicting Success after the Acquisition: The Creation of a Corporate Profile....Pages 480-512 Back Matter....Pages 513-529