This paper analyzes data on the largest mergers and acquisition (M&A) announcements in the 1990s and the contextual factors that determine their completion or withdrawal. Drawing on institutional theory, we argue that the completion of an M&A is more likely to the extent that the institutional...

This study directly tests how, to what extent, and in what ways different institutional levels influence organizational action. It responds to the call for multi-level research in institutional theory, as prior research has mostly focused on studying one level of analysis. We examine how...

In this paper, we analyze data on the world's largest merger and acquisition (M&A) announcements in the 1990s to explore the relational factors that determine their completion or withdrawal. Existing research on this little understood phenomenon in the M&A process typically focuses on the...

In this paper, we analyze data on the world's largest merger and acquisition (Mamp;A) announcements in the 1990s to explore the relational factors that determine their completion or withdrawal. Existing research on this little understood phenomenon in the Mamp;A process typically focuses on the...