The Value of Ties: Impact of Director Interlocks on Acquisition Premium and Post-acquisition Performance
Description:
Mergers and acquisitions (M&A) evolved as alternative governance structures for firms seeking to combine resources with other firms, access larger markets, or acquire strategic assets. In spite of managers’ enthusiasm about the practice, studies show mixed results regarding post-acquisition performance of acquiring firms. The impact of acquisitions on the performance of acquiring firms has therefore remained inconclusive. A few reasons for this have been suggested and recent meta-analytic resea…
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Date:
May 2014
Creator:
Lawani, Uyi
Partner:
UNT Libraries