Advances in Mergers and Acquisitions - 9781780521961

Why do mergers have a higher failure rate than marriages? Can principles of marriage counseling be used to help achieve success in mergers? These are just a few of the questions explored in this collection of current research on mergers and acquisitions. Early chapters review definitions of the generic label M&A and describe research settings where management scholars are working on measuring M&A performance. Later sections deal with themes such as organizational commitment and the significance of cultural differences in the success or failure of mergers and acquisitions. Cases explore cross-border acquisitions by Teva Pharmaceutical Industries, vertical versus horizontal integration in the biopharmaceutical industry, and the negative impact of the disruption of social networks after mergers and acquisitions. Cooper teaches management at Lancaster University, UK. Finkelstein teaches business at Dartmouth College. The book is distributed in North America by Turpin Distribution. Annotation ©2012 Book News, Inc., Portland, OR (booknews.com)