Strategy and Acquisition Performance

Stan Lees

Chapter Chapter 4 in Global Acquisitions, 2003, pp 45-65 from Palgrave Macmillan

Abstract: Abstract The last chapter brought together a lot of finance and economics research in just a few pages. The evidence is compelling that, on average, mergers and acquisitions do not deliver the profitability and efficiency outcomes that theory predicts they should deliver. But it should not be read as a despondent conclusion — it is an on-average conclusion.

Keywords: Market Leader; Strategic Thinking; Hostile Takeover; Acquisition Performance; Strategic Model (search for similar items in EconPapers)
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-52374-6_4

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DOI: 10.1057/9780230523746_4

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