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Research notes and communications management objectives in mergers and acquisitions
Author(s) -
Walter Gordon A.,
Barney Jay B.
Publication year - 1990
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.4250110107
Subject(s) - mergers and acquisitions , business , contingency , contingency theory , taxonomy (biology) , industrial organization , cluster (spacecraft) , marketing , accounting , knowledge management , computer science , finance , linguistics , philosophy , botany , biology , programming language
A taxonomy of managerial goals in mergers and acquisitions is developed through a cluster analysis of data from interviews with merger and acquisition practitioners. These clusters of objectives overlap with some objectives cited for mergers and acquisitions in the academic literature, but the correspondence is not complete. Further analysis shows that different types of mergers and acquisitions are characterized by different managerial objectives. The implications of this research for the development of a contingency model of the relationship between managerial objectives and mergers and acquisitions are discussed.