Synergy Sources, Target Autonomy, and Integration in Acquisitions
Journal of Management, Volume 39, Issue 3, 2013.
mergers and acquisitions (M&As)similaritycomplementarityautonomyintegration
Determining the appropriate level of integration is crucial to realizing value from acquisitions. Most prior research assumes that higher integration implies the removal of autonomy from target managers, which in turn undermines the functioning of the target firm if it entails unfamiliar elements for the acquirer. Using a survey of 86 acq...More
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