Mergers and acquisitions (M&A) have become one of the key growth strategies for firms. However, the management literature fails to consistently explain the paradox of the increasing activity of both cross-border and domestic M&A versus their poor performance. Scholars recently contend that not all M&A are alike. This research will explore how different characteristics of M&A relate to different M&A implementation approaches – namely exploitation versus exploration may better relate to M&A performance. Furthermore, it will provide various propositions that have the potential to foster future research directions.
Weber, Y. (2019), "Mergers and Acquisitions: Exploitation and Exploration", Weber, Y., Vrontis, D., Tsoukatos, E. and Shams, S.M.R. (Ed.) The Cross-Disciplinary Perspectives of Management: Challenges and Opportunities (Cross-Disciplinary Management Perspectives), Emerald Publishing Limited, Bingley, pp. 29-37. https://doi.org/10.1108/978-1-83867-249-220191004
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