Research notes and communications management objectives in mergers and acquisitions
通过对并购从业者访谈数据进行聚类分析,识别出并购中的管理目标类型,发现不同并购类型对应不同管理目标,为构建权变模型提供依据。
Abstract 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.