Автор |
Pablo, Amy, L. |
Автор |
Sitkin, Sim, B. |
Автор |
Jemison, David, B. |
Дата выпуска |
1996 |
dc.description |
This paper builds upon the work of organizational and strategic management scholars who have conceptualized acquisitions as decision-making processes, We suggest that behavioral concepts of risk, specifically decision-maker risk perceptions and propensities, are key to understanding the process by which acquisition candidates are selected, the characteristics of pre-acquisition evaluation and negotiations, and approaches to post-acquisition integration. By drawing upon past work concerning the effects of these risk-related variables in other decision-making contexts, we develop propositions that conceptualize their impact on acquisition decision processes. Incorporation of risk as a key variable in process theories of acquisitions provides a stronger theoretical grounding for these theories, and suggests some important practical implications for managers. |
Издатель |
Sage Publications |
Название |
Acquisition Decision-Making Processes: The Central Role of Risk |
Тип |
Journal Article |
DOI |
10.1177/014920639602200503 |
Print ISSN |
0149-2063 |
Журнал |
Journal of Management |
Том |
22 |
Первая страница |
723 |
Последняя страница |
746 |
Аффилиация |
Pablo, Amy, L., The University of Calgary |
Аффилиация |
Sitkin, Sim, B., Duke University |
Аффилиация |
Jemison, David, B., The University of Texas |
Выпуск |
5 |
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