We rely on organizational learning theory and strategic momentum research to examine the international merger and acquisition (M&A) activities of a sample of S&P 500 firms. We hypothesize that the learning associated with a firm's prior acquisition experience increases the likelihood the firm...

Research on diversification has produced insights into possible linkages between organizational scale and scope and firm performance. However, the paucity of research on its implementation has hindered our understanding of the broader performance implications of these strategies. We extend the...