This study provides an empirical investigation on how communication practices impact the post‐acquisition integration outcomes, in the context of Chinese cross‐border mergers and acquisitions (CBMAs). We tailored our assessment to reflect communication practices during Chinese CBMA...

This study deals with the post-acquisition integration of small biotechnology firms into the structure of large pharmaceutical companies. In this context, pharmaceutical companies face the paradox, that they need to integrate the biotechnology companies in some way in order to get access to the...

Das Personalmanagement befindet sich im Umbruch, da immer mehr Unternehmen dazu übergehen, ihre Personalfunktionen an professionelle Dienstleister auszulagern. Der vorliegende Beitrag untersucht auf Basis einer durchgeführten schriftlichen Befragung von 45 deutschen Unternehmen deren...

Der Beitrag präsentiert einen Überblick über die Diffusion der Informationstechnologie in der betrieblichen Personalarbeit und die damit verbundenen Implikationen. Anschließend wird geprüft, inwieweit ökonomische Theorieansätze (Prinzipal-Agenten- Theorie, Transaktionskostentheorie) zu...

The topic of corporate distress and turnaround has been of interest to organizational change theory for many decades. This article considers existing reviews in discussing the current body of turnaround literature across multiple research fields and structures its work along a holistic...

Purpose: Sensemaking models generally lack an objective determinant to distinguish between CEO fault and changes in systematic risk caused by exogenous negative shocks like a banking crisis. The interdisciplinary approach of this paper combines attribution theory with econometric time series...

The questions of how management consultants' performance can be measured and whether the use of success fees is an appropriate tool for enhancing consultant performance have been subjects of controversial discussions. Despite of the usual principal-agent-theoretical arguments that favour such...

This study seeks to extend hedge fund activism research to a country where the ownership structure is dominated by large major shareholders. Until now, studies about hedge fund activism mainly treated countries with dispersed ownership structures. Using an event study with 133 German hedge fund...