Performance of serial acquirers: Toward an acquisition program perspective

Item Type Journal paper
Abstract

Based on an analysis of the most active acquirers in seven industry sectors in the United States in the 1990s, we find that both a high rate of acquisitions and a high variability of the rate are negatively related to performance. An acquirer's size, the scope of its acquisition program, and acquisition experience moderate the relationship by weakening the negative effects. Our findings contribute to an improved understanding of acquisition capabilities and program-level acquisition performance, thereby adding to an emerging stream of research that is building an acquisition program perspective.

Authors Laamanen, Tomi & Keil, Thomas
Journal or Publication Title Strategic Management Journal
Language English
Subjects business studies
HSG Classification contribution to scientific community
Refereed Yes
Date 1 June 2008
Publisher Wiley
Place of Publication Chichester [u.a.]
Volume 29
Number 6
Page Range 663-672
Number of Pages 10
ISSN 0143-2095
ISSN-Digital 1097-0266
Publisher DOI 10.1002/smj.670
Depositing User Prof. Dr. Tomi Laamanen
Date Deposited 25 Jan 2013 15:42
Last Modified 23 Aug 2016 11:15
URI: https://www.alexandria.unisg.ch/publications/219937

Download

Full text not available from this repository.

Citation

Laamanen, Tomi & Keil, Thomas (2008) Performance of serial acquirers: Toward an acquisition program perspective. Strategic Management Journal, 29 (6). 663-672. ISSN 0143-2095

Statistics

https://www.alexandria.unisg.ch/id/eprint/219937
Edit item Edit item
Feedback?