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Attributional tendencies in cultural explanations of M&A performance
Author(s) -
Vaara Eero,
Junni Paulina,
Sarala Riikka M.,
Ehrnrooth Mats,
Koveshnikov Alexei
Publication year - 2014
Publication title -
strategic management journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 11.035
H-Index - 286
eISSN - 1097-0266
pISSN - 0143-2095
DOI - 10.1002/smj.2163
Subject(s) - attribution , perspective (graphical) , psychology , social psychology , association (psychology) , computer science , artificial intelligence , psychotherapist
This paper focuses on managers' attributions of M&A performance. Our analysis indicates that there is a linear association between performance and attributions to cultural differences, which is moderated by prior experience. Furthermore, our results suggest that there is a curvilinear association between performance and attributions to managers' actions, but we found no support for the moderating effect of experience for this association. By substantiating these attributional tendencies, our results contribute to research on M&As and studies on attribution more generally. In particular, our study helps to put cultural differences in perspective and cautions researchers and practitioners alike to avoid simplistic explanations of M&A performance . Copyright © 2013 John Wiley & Sons, Ltd.