The processes involved with mergers and acquisitions (M&As) are many, varied complex. M&A research practice needs a toolset that can apprehend complexity suggest ways forward. This paper shows the of constituents organizations at strategic level by building on natural-resource-based view (NRBV) resulting competences capabilities. In M&As, these resources capabilities managed through...

As health care reform continues its rollout in the US, restructuring the delivery system is a growing focus. With a surge in demand for care as a result of the Patient Protection and Affordable Care Act (ACA), declining reimbursement rates from Medicare and Medicaid, and pressure for greater transparency in cost and quality, many health care organizations are assessing the potential rewards and...

The effect of regulations on the banking sector is a key question for financial intermediation. This paper provides evidence that merger control regulation, although not directly targeted at sector, has substantial economic effects bank mergers. Based an extensive sample European countries, we show target announcement premia increased by up to 16 percentage points mergers involving shifts after...

Traditional merger analysis in the U.S. focuses on a single dimension, namely the combination of two or more firms that supply substitutable products. As such, merger analysis misses the fact that there are various types of mergers – e.g., hostile takeovers, friendly acquisitions, and mergers of equals – and that the differences among these types affect outcomes. Similarly missing is explicit c...

The passage of federal healthcare reform legislation, in combination with other factors, makes it likely that the next few years will be a major period of consolidation for healthcare organizations. This article examines the seven key forces reshaping healthcare delivery--from insurance industry consolidation to cost inflation to the increasing gap between financially strong and struggling prov...

• List several different methods of business combination. • State the difference between a hostile versus friendly acquisition. • List the two Federal Government agencies responsible for regulating antitrust issues in acquisitions. • Explain why growth alone is not sufficient reason to undertake an acquisition. • List and briefly describe the two methods of accounting for an acquisition. • List...