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Mergers are a strategic initiative that organizations resort to for various reasons, foremost among them being a channel for inorganic growth. Organizations have realized huge gains and this has prompted many others to follow suit. In pursuit of these riches, organizations have lost sight of the...
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Drawing on insights from network dynamics and exchange theory, I develop and test arguments for the retention or dissolution of exchange relationships. I exploit mergers and acquisitions among advertising firms as strategic actions that change the networks in which they and their clients are...
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Takeover speculation may hurt productivity because uncertainty and threat of job loss cause anxiety, distraction, and … productivity temporarily declines after announcements of speculative takeover rumors that do not materialize. This productivity dip … news, which are common in financial markets, and the costs of the takeover threat. …
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space of a short generation of consultants or human resources managers? Is this then a signal that the old approaches are no …
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announcements of takeover rumors that do not materialize. Such speculative news may hurt productivity because uncertainty and threat … of job loss cause anxiety, distraction, and reduced commitment among employees and managers. Consistently, we observe a … effects of speculative financial news and the costs of takeover threats. …
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, distraction, and reduced collaboration and morale among employees and managers. Using a panel of OECD-headquartered firms, we show … that firm productivity temporarily declines upon announcements of speculative takeover rumors that do not materialize. This … speculative financial news and the costs of takeover threats. …
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