TY - JOUR AB - In this paper, findings from the negotiation literature are tested in the context of mergers. Firms' relative threat capacity, surveillance by constituents, accountability to constituents, and the attractiveness of initial offers are shown to predict management's resistance to mergers in a manner consistent with theories in the negotiation literature. The pattern of predicted two‐way and three‐way interactions support speculations and findings previously reported in the negotiation literature as well. Theoretical and practical implications are discussed. VL - 2 IS - 2 SN - 1044-4068 DO - 10.1108/eb022696 UR - https://doi.org/10.1108/eb022696 AU - Sharma Anurag AU - Shapiro Debra L. AU - Kesner Idalene F. PY - 1991 Y1 - 1991/01/01 TI - TARGETS OF MERGERS: APPLYING A NEGOTIATIONS PERSPECTIVE TO PREDICT DEGREE OF RESISTANCE T2 - International Journal of Conflict Management PB - MCB UP Ltd SP - 117 EP - 138 Y2 - 2024/04/19 ER -