000 | 02623nam a22004215i 4500 | ||
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001 | 978-3-8350-9637-0 | ||
003 | DE-He213 | ||
005 | 20161121231010.0 | ||
007 | cr nn 008mamaa | ||
008 | 100301s2007 gw | s |||| 0|eng d | ||
020 |
_a9783835096370 _9978-3-8350-9637-0 |
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024 | 7 |
_a10.1007/978-3-8350-9637-0 _2doi |
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050 | 4 | _aHD28-70 | |
072 | 7 |
_aKJC _2bicssc |
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072 | 7 |
_aBUS041000 _2bisacsh |
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082 | 0 | 4 |
_a658.4092 _223 |
100 | 1 |
_aStraub, Thomas. _eauthor. |
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245 | 1 | 0 |
_aReasons for Frequent Failure in Mergers and Acquisitions _h[electronic resource] : _bA Comprehensive Analysis / _cby Thomas Straub. |
264 | 1 |
_aWiesbaden : _bDeutscher Universitätsverlag : _bImprint: Deutscher Universitätsverlag, _c2007. |
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300 |
_aXIV, 227 p. _bonline resource. |
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336 |
_atext _btxt _2rdacontent |
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337 |
_acomputer _bc _2rdamedia |
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338 |
_aonline resource _bcr _2rdacarrier |
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347 |
_atext file _bPDF _2rda |
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520 | _aDespite the goal of performance improvement, results from mergers and acquisitions (M&A) are often disappointing. Numerous empirical studies show high failure rates of M&A deals. Studies are mostly focused on individual determinants. The literature therefore lacks a more comprehensive framework that includes different perspectives. Using four statistical methods, Thomas Straub shows that M&A performance is a multi-dimensional function. For a successful deal, the following key success factors should be taken into account: • Strategic logic which is reflected by six determinants: market similarities, market complementarities, operational similarities, operational complementarities, market power, and purchasing power. • Organizational integration which is reflected by three determinants: acquisition experience, relative size, cultural compatibility. • Financial / price perspective which is reflected by three determinants: acquisition premium, bidding process, and due diligence. All 12 variables are presumed to affect performance either positively or negatively. Post-M&A performance is measured by synergy realization, relative performance (compared to competition), and absolute performance. | ||
650 | 0 | _aBusiness. | |
650 | 0 | _aManagement. | |
650 | 0 | _aLeadership. | |
650 | 1 | 4 | _aBusiness and Management. |
650 | 2 | 4 | _aBusiness Strategy/Leadership. |
650 | 2 | 4 | _aManagement. |
710 | 2 | _aSpringerLink (Online service) | |
773 | 0 | _tSpringer eBooks | |
776 | 0 | 8 |
_iPrinted edition: _z9783835008441 |
856 | 4 | 0 | _uhttp://dx.doi.org/10.1007/978-3-8350-9637-0 |
912 | _aZDB-2-SBE | ||
950 | _aBusiness and Economics (Springer-11643) | ||
999 |
_c507055 _d507055 |