This paper presents some ideas about determinants of merger waves and some evidence on their effect on profitability … and employment. A brief survey of previous merger waves and an analysis of the recent one give support to the hypothesis … that sectoral shocks are at the root of merger waves. Deregulation and globalization are identified as the shocks …

acquisition and merger. This study also examines how CEO characteristics mediates firm reputation to maximize firm performance … using acquisition and merger as business strategy, management can set the standard requirement for firm reputation and … provide a new insight of acquisition as how CEO characteristics effect firm performance by using firm reputation as mediating …