The Secret of Successful Acquisitions

1 - Table of Contents [Seite 8]
2 - German preface for editionMALIK [Seite 10]
3 - Preface by Helmut Maucher [Seite 12]
4 - Acknowledgements [Seite 14]
5 - 1. From Abandoning the Myth to theRequired »Leadership Environment« [Seite 16]
5.1 - 1.1 Abandoning the Myth [Seite 16]
5.2 - 1.2 Required »Leadership Environment« [Seite 17]
5.3 - 1.3 Two Polar Opposite Key Case Studies: an Introduction [Seite 18]
6 - 2. The Key Facts of Corporate Governance [Seite 19]
6.1 - 2.1 Introduction to Corporate Governance [Seite 19]
6.2 - 2.2 An Agency Perspective [Seite 20]
6.3 - 2.3 Whose Interests Are Served? [Seite 21]
6.4 - 2.4 A Third Approach [Seite 23]
6.5 - 2.5 Boards of Directors Come into Play [Seite 25]
7 - 3. The Key Facts of M&A [Seite 33]
7.1 - 3.1 Developments in M&A Analysis [Seite 36]
7.2 - 3.2 Approaches to Acquisition Success [Seite 41]
7.3 - 3.3 Normative Approach to M&A: Peter Drucker's AcquisitionSuccess Factors [Seite 44]
8 - 4. Prime Examples of Good and BadAcquisition Management [Seite 52]
8.1 - 4.1 Board Management Background of the Case Studies [Seite 52]
8.2 - 4.2 Important Background Information aboutthe Case Studies [Seite 54]
8.3 - 4.3 Remarks about the Period of Focus in the Two CaseStudies: the Era of Chairmen During the Period ofAcquisitions [Seite 55]
8.4 - 4.4 Best Case Scenario: Nestlé [Seite 55]
8.5 - 4.5 Worst Case Scenario: Swissair [Seite 87]
9 - 5. Lessons Learned About an Optimal»Leadership Environment« [Seite 111]
9.1 - 5.1 Comparing Nestlé and Swissair Acquisitions UsingDrucker's Framework [Seite 111]
9.2 - 5.2 Creating an Environment that Enables the AcquisitionPrinciples to be Successfully Implemented: A ComparativeAnalysis of the Case Study Boards [Seite 129]
10 - 6. Twelve Best Practice Recommendationsfor Boards [Seite 136]
10.1 - 6.1 Creation of a »Leadership Environment« Which Enablesthe Acquisitions Principles to be Fulfilled [Seite 136]
10.2 - 6.2 A Dynamic Board-Management Relationship [Seite 146]
10.3 - 6.3 Summary [Seite 152]
11 - 7. Conclusion [Seite 154]
11.1 - 7.1 Outlook: The Changing Nature of M&A [Seite 154]
11.2 - 7.2 Current Corporate Governance and Future Challenges [Seite 158]
12 - Discussion Partners [Seite 164]
13 - Bibliography [Seite 166]
14 - Index [Seite 178]