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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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