Global Mergers and Acquisitions, 2nd Edition

Introduction

Reviewing the M&A literature, one comes across a fragmented field of inquiry. One can recognize different patterns in the development of the M&A literature according to the disciplines of the researchers. The research interests in M&A and corporate restructuring literature are primarily concerned with the following questions. Why do companies merge? Are M&As successful in achieving the goals of acquisition and combinations? Why do so many companies fail to create shareholder value or capture the synergies they inspired to gain? How to best value the target firm? What role does postmerger integration play in the postmerger performance of the acquiring and acquired companies? What role do corporate and societal cultures play in the ...