A3 Vertaisarvioitu kirjan tai muun kokoomateoksen osa
Reimagining M&A integration: a project-based view on M&As
Tekijät: Geraldi, Joana; Teerikangas, Satu
Toimittaja: David R. King , Olimpia Meglio
Kustantaja: Edward Elgar Publishing Ltd.
Julkaisuvuosi: 2024
Kokoomateoksen nimi: A Research Agenda for Mergers and Acquisitions: Elgar Research Agendas
Tietokannassa oleva lehden nimi: A Research Agenda for Mergers and Acquisitions
Aloitussivu: 143
Lopetussivu: 158
ISBN: 978-1-0353-1906-0
eISBN: 978-1-0353-1907-7
DOI: https://doi.org/10.4337/9781035319077.00016
Verkko-osoite: https://doi.org/10.4337/9781035319077.00016
Tiivistelmä
The management of mergers and acquisitions (M&A) has long been recognized as crucial for their success. To develop its theorizing, M&A research needs to connect with developments in adjacent research areas. We bridge M&A research with project studies to create a broader research agenda that focuses on the transient nature of organizing by mobilizing projects, programs, and portfolio concepts to organize M&A before and after deals. As a project, M&As should be "completed" on time and within budget. As a program, M&As converge yet never reach full integration between organizations. As a portfolio, an individual M&A transaction can be considered as one among an ongoing series of M&As integrating at different tempos and degrees that together form the firm. We contribute to M&A research by offering alternative perspectives to organizing M&As, and we conclude with a research agenda and an initial conceptualization of a project-based theory of the firm.
The management of mergers and acquisitions (M&A) has long been recognized as crucial for their success. To develop its theorizing, M&A research needs to connect with developments in adjacent research areas. We bridge M&A research with project studies to create a broader research agenda that focuses on the transient nature of organizing by mobilizing projects, programs, and portfolio concepts to organize M&A before and after deals. As a project, M&As should be "completed" on time and within budget. As a program, M&As converge yet never reach full integration between organizations. As a portfolio, an individual M&A transaction can be considered as one among an ongoing series of M&As integrating at different tempos and degrees that together form the firm. We contribute to M&A research by offering alternative perspectives to organizing M&As, and we conclude with a research agenda and an initial conceptualization of a project-based theory of the firm.