DETERMINANTS OF ACQUISITION INTEGRATION LEVEL - A DECISION-MAKING PERSPECTIVE

• 成果类型: Article
• 署名作者: PABLO, AL
• 刊物名称: ACADEMY OF MANAGEMENT JOURNAL
• ISSN/ISSBN: 0001-4273
• DOI: 10.5465/256601
• 发表日期: 1994
• 页码: 803-836
• 关键词: STRATEGIC MANAGEMENT; acquiring firms; performance; mergers; creation; issues; REEXAMINATION; DEPARTURES; executives; experience

摘要

Executives of 56 acquiring organizations participated in policy-capturing research that examined how the task, cultural, and political characteristics of acquisitions influence decisions about levels of integration. Although task-related characteristics entered most heavily into managers' decision models, cultural and political factors were also important. These results suggest that an understanding of acquisition integration is best achieved by viewing integration design decisions through multiple theoretical lenses. Furthermore, although industry and acquisition experience explained some variation in integration decision policies, results suggest that other individual or organization-level factors are also at work.