In today’s ‘celebratory culture’ there is a tendency to mythologise people who have succeeded in business, particularly where new technologies are involved. This clouds our understanding of entrepreneurship as a vital economic process whereby at a particular point in time certain...

Foster's Group is an Australia-based global alcoholic beverages company which produces a wide range of beer and wine. Case (A), set in February 2008, opens up with damning media reports, questioning the ability of Foster's CEO Trevor O'Hoy to deliver satisfying financial performance. The case...

Management consulting firms frequently assist their clients by providing merger and acquisition advice on a contingency basis. Drawing on a field study of acquisition decisions, the paper describes the common rationale for such behaviour and the pitfalls to which it may lead. These pitfalls...

In this study we address the existing gap in the literature on the strategic evolution of Australian MNCs and the effect their administrative heritage, developed in the domestic market, had on their ability to compete internationally. We explore the administrative heritage of eleven large...

Recent empirical studies established that Australian multinational corporations (MNCs) have been unsuccessful in international markets and explained the reasons behind this lack of success. The purpose of this paper is to elaborate on issues that flow from this recent empirical work. We develop...

The unprecedented worldwide growth in the aggregate transaction value of mergers and acquisitions (M&A) has been accompanied by a concomitant increase in the advisory fees. Management consultants have challenged the status of banks in the latter's largely exclusive domain of M&A advisory...

Fintech innovations – innovations by financial services providers based on digital technology – are widely believed to have a disruptive effect on the financial services industry. The purpose of the paper is to investigate how financial services industry participants perceive the effect of...