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Article Dans Une Revue Thunderbird International Business Review Année : 2018

Merger and acquisition motives and outcome assessment

Ibne Hassan
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Ulrike Mayrhofer
  • Fonction : Auteur
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Research on M&A outcome often focuses on tangible financial results and the reaction of stock markets. This research attempts to provide a more accurate assessment of M&A performance by linking tangible as well as intangible M&A motives to outcome assessment. The theoretical framework is based on evaluation theory. We analyze four case-studies of international M&As conducted by European companies. The findings indicate that M&A outcome can be more accurately measured by aligning it with the motives defined by the acquiring firms. They suggest that M&A outcome assessment should be considered as a process covering both pre-merger and post-merger stages.
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Dates et versions

hal-01832301 , version 1 (06-07-2018)


  • HAL Id : hal-01832301 , version 1


Ibne Hassan, Pervez Ghauri, Ulrike Mayrhofer. Merger and acquisition motives and outcome assessment. Thunderbird International Business Review, 2018, 60 ( 4), pp.709-718. ⟨hal-01832301⟩
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