Two main academic areas that have devoted their attention to the study of real options are financial economics and strategy. Despite significant progress made by each field separately towards our understanding of the theory and application of real options, opportunities exist for more...

We discuss the usefulness of signaling as a complementary theory to help understand various aspects of M&A. Beyond reviewing some of the research in this area to provide examples of contributions, we also intend to provide a critique of existing applications of signaling theory to identify gaps...