Over the last few years technology has become a key element of competition in the hospital market. At the same time this market in the US has seen intense merger activity. In this study we analyze the role that technology can play in this consolidation wave by focusing on how it can affect a...

This article develops and tests a theory on the evolution of complex organizational decisions, such as the decision to integrate (or not) a target company during the post-acquisition management phase. Using a sample of US bank mergers, we show that persistence in — or variation of —...