Mergers and acquisitions have become the most dramatic demonstration of vision and strategy in the corporate world. With one single move you can change the course of your company, the careers of your managers and create value for your shareholders. Throughout the last decade mergers and acquisitions (M&A) have dominated the world economic scene.
International Mergers & Acquisitions focuses on the financial, cultural and strategic aspects of international M&A activity and has a global, cross-cultural perspective. It presents a strategic view of the M&A process, examining managerial decision making in the planning, execution and post-merger phases.
This reader provides a long awaited addition to existing International Business texts. Although there is much research interest in the subject, it is the first of its kind to deliver information in a usable text for courses on mergers and acquisitions from an international point of view. International Mergers and Acquisitions therefore fills a gap and presents a state of the art survey of this vital global phenomenon. Suitable for MBA, MSc and senior undergraduate students of International Business and Strategic Management.
Rezensionen / Stimmen
1. Introduction & Overview 2. ?The Economist? Cases: How Mergers Go Wrong PART I: GROWTH BY M&A 3. Henry Manne: Merger & Market for Corporate Control 4. Michael C Jensen: Take-overs: folklore & science 5. H Donald Hopkins: Cross Border Mergers & Acquisitions, global & regional perspectives 6. Bruce Kogut: Joint Ventures and the Option to Acquire 7. Harry G Barkema & Freek Vermeulen: International Expansion through Start-up or Acquisition, a learning perspective PART II: MOTIVES AND TARGETS 8. HG Baumann: Merger Theory, Property Rights and the Pattern of US Direct Investment in Canada 9. Russell W Coff: How Buyers Cope with Uncertainty when Acquiring Firms in Knowledge-Intensive Industries, caveat emptor 10. Tomi Laamanen: Option Nature of Company Acquisitions Motivated by Competence Acquisiton 11. Andrew C Inkpen, Anant K Sundaram & Kristin Rockwood: Cross-Border Acquisition of US Technology Assets PART III: STRATEGIC PLANNING, TACTICS AND VALUATION 12. Michael Keenan: Valuation Problems in Service Sector Mergers 13. Harbir Singh & Cynthia A Montgomery: Corporate Acquisition Strategies and Economic Performance 14. Roland Calori, Michael Lubatkin & Phillipe Very: Control Mechanisms in Cross-Border Acquisitions 15. Pedro Gonzales, Geraldo M Vasconcellos & Richard J Kish: Cross-Border Mergers and Acquisitions, the undervaluation hypotheses PART IV: MERGER PROCESSES 16. Anthony F Buono, James L Bowditch & John Lewis III: When Cultures Collide, the anatomy of a merger 17. Piero Morosini, Scott Shane & Harbir Singh: National Cultural Differences and Cross-Border Acquistion Performance PART V: MANAGERIAL AND SOCIAL CONSEQUENCES OF MERGERS 18. John J Siegfried and M Jane Bar Sweeney: The social & Political Consequences of Conglomerate Mergers 19. Deepak K Datta Organisational Fit and Acquistion Performance, effects of post- acquisition integration 20. Roland Villinger: Post Acquistion Managerial Learning in Central East Europe PART VI: SUMMARY AND CONCLUSION 21. Harvard Business Review: Round Table on Making Mergers Succeed 22. Conclusions
Auflage
Sprache
Verlagsort
Zielgruppe
Für höhere Schule und Studium
Für Beruf und Forschung
Editions-Typ
Produkt-Hinweis
Broschur/Paperback
Klebebindung
Maße
Höhe: 243 mm
Breite: 191 mm
Dicke: 25 mm
Gewicht
ISBN-13
978-1-86152-800-1 (9781861528001)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Klassifikation
Autor*in
Leeds University Business School
Professor of International Business and Head of the International Business, Strategy, and Comparative Management, at King's College London (U.K.)
1. Introduction & Overview.
2. 'The Economist Cases: How Mergers Go Wrong.
PART I: GROWTH BY M&A.
3. Henry Manne: Merger & Market for Corporate Control.
4. Michael C Jensen: Take-overs: folklore & science.
5. H Donald Hopkins: Cross Border Mergers & Acquisitions, global & regional perspectives.
6. Bruce Kogut: Joint Ventures and the Option to Acquire.
7. Harry G Barkema & Freek Vermeulen: International Expansion through Start-up or Acquisition, a learning perspective.
PART II: MOTIVES AND TARGETS.
8. HG Baumann: Merger Theory, Property Rights and the Pattern of US Direct Investment in Canada.
9. Russell W Coff: How Buyers Cope with Uncertainty when Acquiring Firms in Knowledge-Intensive Industries, caveat emptor.
10. Tomi Laamanen: Option Nature of Company Acquisitions Motivated by Competence Acquisiton.
11. Andrew C Inkpen, Anant K Sundaram & Kristin Rockwood: Cross-Border Acquisition of US Technology Assets.
PART III: STRATEGIC PLANNING, TACTICS AND VALUATION.
12. Michael Keenan: Valuation Problems in Service Sector Mergers.
13. Harbir Singh & Cynthia A Montgomery: Corporate Acquisition Strategies and Economic Performance.
14. Roland Calori, Michael Lubatkin & Phillipe Very: Control Mechanisms in Cross-Border Acquisitions.
15. Pedro Gonzales, Geraldo M Vasconcellos & Richard J Kish: Cross-Border Mergers and Acquisitions, the undervaluation hypotheses.
PART IV: MERGER PROCESSES.
16. Anthony F Buono, James L Bowditch & John Lewis III: When Cultures Collide, the anatomy of a merger.
17. Piero Morosini, Scott Shane & Harbir Singh: National Cultural Differences and Cross-Border Acquistion Performance.
PART V: MANAGERIAL AND SOCIAL CONSEQUENCES OF MERGERS.
18. John J Siegfried and M Jane Bar Sweeney: The social & Political Consequences of Conglomerate Mergers.
19. Deepak K Datta Organisational Fit and Acquistion Performance, effects of post- acquisition integration.
20. Roland Villinger: Post Acquistion Managerial Learning in Central East Europe.
PART VI: SUMMARY AND CONCLUSION.
21. Harvard Business Review: Round Table on Making Mergers Succeed.
22. Conclusions.
