Čirjevskis, Andrejs - In: Journal of Risk and Financial Management 14 (2021) 2, pp. 1-14
acquisitions (M&A) processes. However, understanding the full benefits and possible limits of real options applications to measure … a dynamic capability-based synergy in M&A deals remains a challenge. This paper draws on real options theory to explore … information and communications technology industry and demonstrates real options application to measure M&A synergies. …