Login
- Dokumenttyp:
- Zeitschriftenaufsatz
- Autor(en):
- Hutzschenreuter, Thomas; Kleindienst, Ingo; Schmitt, Michael
- Nicht-TUM Koautoren:
- ja
- Kooperation:
- -
- Titel:
- Path-related Empirical Research on M&A-Outcome: Review and Research Agenda
- Abstract:
- This article attempts to reflect the current state and progress of contemporary research on financial and non-financial M&A outcome. Based on a review of 183 empirical M&A studies an integrative framework is developed, in which impact factors are classified into four major dimensions to explore the impact on M&A outcome: antecedents, transaction content characteristics, transaction process characteristics, and the transaction itself. The review reveals that M&A research is dominated by studies focusing on state variables at the expense of pathrelated variables. The review also shows that, to date, neither state-related research nor path-related research on financial and non-financial M&A outcome categories have reached maturity. Although there is still room for clarifying the impact of various state-related variables, the most valuable new insights are expected to emerge from researching path-related variables. Building on these insights, an extensive future research agenda is presented, which focuses on path-related research questions and methodological issues.
- Stichworte:
- Empirical review; Mergers and acquisitions; Path dependency
- Intellectual Contribution:
- Discipline-based Research
- Zeitschriftentitel:
- Review of Managerial Science
- Journal gelistet in FT50 Ranking:
- nein
- Jahr:
- 2011
- Band / Volume:
- 6
- Heft / Issue:
- 4
- Seitenangaben Beitrag:
- 375-405
- Volltext / DOI:
- doi:10.1007/s11846-011-0061-x
- Verlag / Institution:
- Springer Science + Business Media
- Publikationsdatum:
- 27.03.2011
- Urteilsbesprechung:
- 0
- Key publication:
- Nein
- Peer reviewed:
- Ja
- International:
- Ja
- Book review:
- Nein
- commissioned:
- not commissioned
- Professional Journal:
- Nein
- Interdisziplinarität:
- Nein
- Leitbild:
- ;
- Ethics und Sustainability:
- Nein
BibTeX