Advances in mergers and acquisitions. Vol. 5 / edited by Cary L. Cooper, Sydney Finkelstein.

Cover -- Contents -- List of Contributors -- Introduction -- References -- Relatedness and Acquirer Performance -- Introduction -- Relatedness and Value Creation -- Resource Substitutability -- Resource Complementarity -- Conventional Measures of Relatedness -- Value Appropriation and Relatedness -- Preliminary Empirical Evidence -- An Alternative Measure of Relatedness -- Methods -- Findings -- Discussion and Conclusions -- Notes -- Acknowledgment -- References -- Risk Reduction Through Acquisitions: The Roles of Firm-Specific Investments and Agency Hazards -- Background Theory -- Stakeholders' Firm-Specific Investments and Firm Risk -- Diversification and Firm Risk -- Agency Theory and Risk Reduction in M and A -- Methods -- Model Specification -- Measures and Data -- Sample -- Results -- Discussion -- Acknowledgments -- References -- Knowledge Preservation and Transfer During Post-Acquisition Integration -- Conceptual Foundation -- Hypothesis Development -- Dimensions of Post-Acquisition Integration: Autonomy, Communication and Retention -- Methodology -- Sample -- Measures -- Data Analysis -- Results -- Tacitness and Autonomy -- Tacitness and Communication -- Tacitness and Retention -- Discussion -- Contributions, Limitations, and Directions for Future Research -- References -- Antecedents of Target Firm Members' Trust in the Acquiring Firm's Management: A Decision-Making Simulation -- Antecedents of Target Firm Members' Trust in the Acquiring Firm's Management -- Friendliness of the Takeover -- National Cultural Similarity -- Interaction History -- Retained Autonomy -- Attractiveness of Acquiring Firm's HR Policies -- Interaction Effects -- Methodology -- Design and Measures -- Sample -- Data Analysis -- Results -- Discussion -- Limitations and Implications for Research -- Implications for Practice -- Acknowledgement -- References -- Cultivating Positive Emotions in Mergers and Acquisitions -- Research Context and Purpose -- Conceptual Background -- Emotions and Action Tendencies -- Positive Emotions and their Impact on Individuals -- The Impact of Positive Emotions on Organizations -- Measuring Emotions in M and As -- Empirical Study -- Sample -- Emotion Intensity -- Capturing Positive (and Negative) Emotions in M and As -- Positive Emotions in M and As and their Impacts on M and A Outcomes -- Concluding Remarks: The Importance to Cultivate Positive Emotions in M and As -- Notes -- References -- How to Avoid Ruining your Company through International Acquisitions? The Ahold Case* -- Ahold -- Do your Capabilities Create a Competitive Advantage Abroad? -- What are our Unique Value-Creating Capabilities? -- ... And do they Create a Competitive Advantage in the New Setting? -- Cultural Differences as a Filter -- Learning from High-Velocity Industries -- Probing -- Paths of Learning -- Balance Acquisitions and Organic Growth -- Strong Boards -- Conclusions -- References -- Interconnected Firms and the Value of Network Resources* -- The Theoretical Implications of Alliance Formation -- Reformulation of the RBV for an Interconnected Firm -- Internal Rent -- Appropriated Relational Rent -- Inbound Spillover Rent