Much of the literature on mergers and acquisitions focused on the motives of these transactions. The most common arguments involve transaction costs theory, the seek for synergies or market power, industry shocks, agency problems between managers and shareholders, and management's hubris. This work shifts the question from "why firms acquire" towards a "who acquires whom" framework. In doing so it leaves a single-firm focus and assumes a dyadic perspective.

Assessing the effects of the network of strategic alliances on M&A decisions: some empirical evidence from the US semiconductor industry / Testoni, Marco; Breschi, Stefano; Valentini, Giovanni. - (2015), pp. 95-113. [10.4324/9780203761885]

Assessing the effects of the network of strategic alliances on M&A decisions: some empirical evidence from the US semiconductor industry

VALENTINI, GIOVANNI
2015

Abstract

Much of the literature on mergers and acquisitions focused on the motives of these transactions. The most common arguments involve transaction costs theory, the seek for synergies or market power, industry shocks, agency problems between managers and shareholders, and management's hubris. This work shifts the question from "why firms acquire" towards a "who acquires whom" framework. In doing so it leaves a single-firm focus and assumes a dyadic perspective.
9780415704663
9780203761885
STRATEGIC ALLIANCES; M&A; NETWORKS
Assessing the effects of the network of strategic alliances on M&A decisions: some empirical evidence from the US semiconductor industry / Testoni, Marco; Breschi, Stefano; Valentini, Giovanni. - (2015), pp. 95-113. [10.4324/9780203761885]
File in questo prodotto:
Non ci sono file associati a questo prodotto.
Pubblicazioni consigliate

Caricamento pubblicazioni consigliate

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11385/221605
Citazioni
  • Scopus ND
  • ???jsp.display-item.citation.isi??? ND
social impact