University of St.Gallen
research platform alexandria
search publications
browse publications
by person
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
 
by year

Content Design of Acquisition Streams : Balancing Exploration and Exploitation

fulltext etc. no fulltext attached
abstract While researchers have become increasingly interested in the performance consequences and external structural characteristics of acquisition streams, we know surprisingly little about the impact of their content design. In this study, we shed light on how strategic paradoxes, such as exploration and exploitation, may be manifested in the design of acquisition streams. Based on a sample of 21.264 acquisitions of 172 active U.S. acquirers during 21 years, we find that the integration and temporal separation of conflicting strategies within and across acquisition streams is beneficial for a firm’s subsequent performance. Moreover, we find, unexpectedly, that a parallel separation of paradoxical objectives yields negative performance effects. We discuss contributions for theory on acquisition streams, strategic paradoxes, and organizational ambidexterity.
   
type conference paper (English)
   
keywords Mergers and Acquisitions, Ambidexterity
   
name of conference SMS 32nd Annual International Conference (Prague, Czech Republic)
date of conference 7-10-2012
title of proceedings Strategy in Transition
page(s) 7
volume / edition Session 80
publisher SMS Strategic Management Society (Chicago)
review double-blind review
   
citation Luger, J., Zimmermann, A., & Laamanen, T. (2012). Content Design of Acquisition Streams: Balancing Exploration and Exploitation. In Strategy in Transition, Session 80, pp.7. Chicago: SMS Strategic Management Society.