Mergers and Acquisitions - 9781847870575

In selecting the 58 articles to include in this three-volume overview of research into the "soft side" issues of mergers and acquisitions (i.e. qualitative issues such as analysis of acquisition candidates, merger negotiations, decision-making processes, and post-merger integration), Krug (strategic management and international business, Virginia Commonwealth U.) sought to minimize the number of articles from the most widely read journals, thinking that including important pieces from less well-known sources and authors would make a greater contribution. The first volume consists of five sections that deal with introductory definitions and concepts; the motives of mergers and acquisitions; theoretical determinants of mergers and acquisitions; hubris, agency costs, and the market for corporate control; and merger and acquisition waves. The second volume, which carries the subtitle "The Merger and Acquisition Process," is devoted to the merger and acquisition process and contains sections discussing corporate strategy and mergers and acquisitions, acquisition planning and analysis; acquisition decision making; and post merger employee effects. The final volume is subtitled "Integration, Governance, and Performance" and includes sections on post-merger top management team effects, merger integration, determinants of merger performance, and best practices. The earliest paper included was published in 1965 and the latest in 2007, but the bulk of the papers are from the 1980s forward. Annotation ©2010 Book News, Inc., Portland, OR (booknews.com)