Mergers and acquisitions (M&As) are events that attract considerable interest from academics and practitioners, and much research has been conducted into their impact on individuals, organizations and societies. Yet, despite all the existing research and the varied theoretical and methodological approaches employed, there remains more to learn about M&As.
The Routledge Companion to Mergers and Acquisitions takes a detailed look at this multifacted subject using a novel framework of four domains – substantive issues, contextual issues, methodological issues and conceptual issues. Drawing on the expertise of its international team of contributors, the volume surveys the state of the field, including emerging and cutting-edge areas such as social network analysis and corporate branding.
This Companion will be a rich resource for students, researchers and practitioners involved in the study of M&As, and organizational and strategic studies more widely.
Table of Contents
Part I: Substantive Domain of M&A Research 1. Acquisitions as an Instrument of Organizational Adaptation through Innovation (Jennifer C. Sexton) 2. Acquisitions as an Adaptation Strategy (Christina Öberg) 3. A Framework of HR Enablers for Successful M&A Integration: A Study of Three Transactions (Mahima Thakur and Anjali Bansal) 4. Acquire or get Acquired: Defensive Acquisitions in Medium-sized Family Firms (Pankaj C. Patel and David R. King) 5. Opening the Black Box of Acquisition Capabilities (Niina Nummela and Mélanie Hassett) P art II: Contextual Domain of M&A Research 6. Assessing the Effects of the Network of Strategic Alliances on M&A Decisions: Some Empirical Evidence from the US semiconductor industry (Marco Testoni, Stefano Breschi and Giovanni Valentini) 7. Chinese and Indian M&As in Europe: the Relationship between Motive and Ownership Choice (Lucia Piscitello, Roberta Rabellotti and Vittoria Giada Scalera) 8. Engaged Employees in M&A- Illusion or Opportunity? (Satu Teerikangas and Liisa Välikangas) 9. M&A and the Firm’s Corporate Development Portfolio: A call for Research Integration (Laurence Capron) 10. The Acquisition Performance Game – a Stakeholder Approach (Olimpia Meglio) 11. Leadership, Power and Collaboration in International Mergers and Acquisitions: Conflict and Resolution (Kathleen Park) Part III: Methodological Domain of M&A Research 12. Reflecting on the Use of Mixed Methods in M&A Studies (David P. Kroon and Audrey Rouzies) 13. Event-Study Methodology in the Context of M&As: A Reorientation (Joseph S. Harrison and Mario Schijven) 14. Institutional Ethnography: An Alternative Way to Study M&As (Rebecca Lund and Janne Tienari) 15. Merging Networks: Contributions and Challenges of Social Network Analysis to Study Mergers and Acquisitions (Nicola Mirc) 16. Qualitative and longitudinal studies of mergers and acquisitions: A reflection of methods in use (Annette Risberg) Part IV: The Conceptual domain of M&A Research 17. Merger & Acquisitions as Multitude of Processes: A Review of Qualitative Research (Michael Grant, Lars Frimanson and Fredrik Nilsson) 18. Antecedents of Anticipatory Justice among Acquired Firm Employees (Kaitlyn DeGhetto, Sangbum Ro, Bruce T. Lamont and Annette L. Ranft) 19. Toward a Competitive Dynamics Perspective on Value Potential in M&A (Svante Schriber) 20. A literature review and a suggestive future research agenda on speed of integration in M&A: Taking stock of what we know (Florian Bauer) 21. Causes and Consequences of Different Types of Identity Threat: Perceived Legitimacy of Decisions in M&As (Anna A. Lupina-Wegener, Güldem Karamustafa and Susan C. Schneider) 22. Branding in Mergers and Acquisitions: Current Research and Contingent Research Questions (Marcella Rothermel and Florian A. Bauer) Conclusion: 23. Deconstructing M&A Research - Paradigm Progress (Amy L. Pablo)
Annette Risberg is Associate Professor at the Copenhagen Business School, Denmark
David R. King is Associate Professor at Iowa State University, USA.
Olimpia Meglio is Associate Professor at University of Sannio, Italy.
‘This book provides a deep and rich compendium of knowledge about mergers and acquisitions. Because of the breadth of topics examined and the depth of the analyses provided, all scholars interested in this important strategy should make this required reading.’ - Michael A. Hitt, University Distinguished Professor, Texas A&M University, USA
‘This is a great book, one which manages to effectively traverse the contextual, methodological and practical facets to M&As. The book integrates a variety of views and in doing so offers coherent coverage of this salient and pervasive phenomenon. The Companion is an insightful read for anyone interested in exploring and understanding the substantive, methodological and conceptual domains of M&As which makes it relevant to both researching and teaching this important topic.’ - Dr Sally Riad, Victoria University of Wellington, New Zealand
‘Mergers and acquisitions are strategic movements and researchers in this field need to open their minds to new approaches, theories and visions. This is exactly what this timely book does: its reading is sure to inspire new research in this complex field.’ - Philippe Very, Professor of Strategy, Edhec Business School, France`
‘In today’s high velocity and globalized world, mergers and acquisitions are common place in the arsenal of corporate strategy. The Routledge Companion to Mergers and Acquisitions provides invaluable insights into the complexities of M&As, relevant for academics and practitioners alike.’ - Frank T. Rothaermel, The Russell and Nancy McDonough Chair , Professor & Sloan Industry Studies Fellow, Georgia Institute of Technology, USA
‘Researchers and practitioners alike need novel perspectives to better understand the complex social and organizational dynamics of M&As, and this book provides just that. Leading scholars of the field provide insightful and inspiring reflections on merger dynamics as well as practically valuable conceptual and methodological tools.’ - Eero Vaara, Professor of Organization and Management, Aalto University School of Business, Finland
‘Anyone interested in exploring mergers and acquisitions from a multidisciplinary perspective will treasure this book. Besides focusing on specific merger issues and problems, it also offers an excellent section on methodology making it a must read for academics and practitioners.’ - Dr Steffen Giessner, Associate Professor in Organizational Behavior, Erasmus University, the Netherlands
‘This book is a must-have companion for all strategy researchers and advanced M&A practitioners. The book provides a great cross-section of contemporary thinking and a glimpse into the latest research of the top scholars of our field.’ - Professor Tomi Laamanen, University of St.Gallen, Switzerland
‘This book provides a timely and comprehensive view on mergers and acquisitions. Read this book and you will understand more of the complexity and challenges in merger and acquisition processes.’ - Virpi Havila, Professsor of Business Studies, Uppsala University, Sweden