ACQUISITION AS A MECHANISM OF MARKET EVOLUTION: AN EVOLUTIONARY PERSPECTIVE ON HOW ACQUISITION CREATES VALUE
Advances in Mergers and Acquisitions
ISBN: 978-0-76231-172-9, eISBN: 978-1-84950-323-5
Publication date: 1 January 2004
Abstract
Merger and acquisition activity generates a substantial amount of discussion within business circles among academics, analysts, and the media. Even though research and experience demonstrates that many mergers and acquisitions fall short of the intended goal of creating shareholder value, mergers and acquisitions still persist in the marketplace. The purpose of this discussion is to suggest that a potential explanation for this dilemma can be found by applying the resource-based rationale of acquisition within an evolutionary framework of business dynamics.
Citation
Fortune, A. (2004), "ACQUISITION AS A MECHANISM OF MARKET EVOLUTION: AN EVOLUTIONARY PERSPECTIVE ON HOW ACQUISITION CREATES VALUE", Advances in Mergers and Acquisitions (Advances in Mergers and Acquisitions, Vol. 4), Emerald Group Publishing Limited, Leeds, pp. 151-162. https://doi.org/10.1016/S1479-361X(04)04006-2
Publisher
:Emerald Group Publishing Limited
Copyright © 2004, Emerald Group Publishing Limited