Many empirical studies across various industry sectors show a high failure rate of mergers and acquisitions (M&A), suggesting that this instrument of corporate development is rather risky. Since engineering consulting firms usually have a low tangible asset base as well as good educated and...

Corporate growth is understandably one of the hottest topics among researchers in management and managers themselves. Nonetheless, research in the sector of professional service firms, especially engineering consulting firms, has not yet led to a deeper understanding of how growth in this...