PurposeDuring the 1990s we have seen an unprecedented wave of mergers and acquisitions (M&As). De... more PurposeDuring the 1990s we have seen an unprecedented wave of mergers and acquisitions (M&As). Despite managerial over‐optimism, research consistently showed that 50‐75 percent of M&As fail to live up to expectations. The article, drawing from both academic evidence and accumulated experience of companies that seem to have mastered the game of M&As, aims to offer managers and understandable and practical set of tips on what to seek and what to avoid when making such major strategic moves.Design/methodology/approachThe article draws from relevant research evidence.FindingsAlthough there is no “one size fits all” solution to the effective management of M&As, past research has offered us an extensive body of knowledge. The article draws attention not only to mistakes that take place after the merger, but also to mistakes that usually take place before the merger. It seems that in many cases the seeds of an unsuccessful merger have been sown well before the deal is signed.Practical impl...
Abstract
Purpose – The purpose of this paper is to enhance the knowledge of the antecedents of p... more Abstract
Purpose – The purpose of this paper is to enhance the knowledge of the antecedents of political
behaviour. Whereas political behaviour in strategic decision-making (SDM) has received sustained
interest in the literature, empirical examination of its antecedents has been meagre.
Design/methodology/approach – The authors conducted a constructive replication to examine the
impact of three layers of context, namely, decision, firm and environment, on political behaviour.
In Study 1, Greece, we gathered data on 143 strategic decisions, while in Study 2, Egypt, we collected
data on 169 strategic decisions.
Findings – The evidence suggests that both decision-specific and firm factors act as antecedents
to political behaviour, while environmental factors do not.
Practical implications – The findings support enhanced practitioner education regarding political
behaviour and provide practitioners with a place from which to start by identifying the factors which
might influence the occurrence of political behaviour in SDM.
Originality/value – The paper fills important gaps in the existing research on the influence of
context on political behaviour and delineates interesting areas for further research.
Keywords Strategic decisionmaking, Contextual variables, Constructive replication, Political behaviour
Paper type Research paper
PurposeDuring the 1990s we have seen an unprecedented wave of mergers and acquisitions (M&As). De... more PurposeDuring the 1990s we have seen an unprecedented wave of mergers and acquisitions (M&As). Despite managerial over‐optimism, research consistently showed that 50‐75 percent of M&As fail to live up to expectations. The article, drawing from both academic evidence and accumulated experience of companies that seem to have mastered the game of M&As, aims to offer managers and understandable and practical set of tips on what to seek and what to avoid when making such major strategic moves.Design/methodology/approachThe article draws from relevant research evidence.FindingsAlthough there is no “one size fits all” solution to the effective management of M&As, past research has offered us an extensive body of knowledge. The article draws attention not only to mistakes that take place after the merger, but also to mistakes that usually take place before the merger. It seems that in many cases the seeds of an unsuccessful merger have been sown well before the deal is signed.Practical impl...
Abstract
Purpose – The purpose of this paper is to enhance the knowledge of the antecedents of p... more Abstract
Purpose – The purpose of this paper is to enhance the knowledge of the antecedents of political
behaviour. Whereas political behaviour in strategic decision-making (SDM) has received sustained
interest in the literature, empirical examination of its antecedents has been meagre.
Design/methodology/approach – The authors conducted a constructive replication to examine the
impact of three layers of context, namely, decision, firm and environment, on political behaviour.
In Study 1, Greece, we gathered data on 143 strategic decisions, while in Study 2, Egypt, we collected
data on 169 strategic decisions.
Findings – The evidence suggests that both decision-specific and firm factors act as antecedents
to political behaviour, while environmental factors do not.
Practical implications – The findings support enhanced practitioner education regarding political
behaviour and provide practitioners with a place from which to start by identifying the factors which
might influence the occurrence of political behaviour in SDM.
Originality/value – The paper fills important gaps in the existing research on the influence of
context on political behaviour and delineates interesting areas for further research.
Keywords Strategic decisionmaking, Contextual variables, Constructive replication, Political behaviour
Paper type Research paper
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Purpose – The purpose of this paper is to enhance the knowledge of the antecedents of political
behaviour. Whereas political behaviour in strategic decision-making (SDM) has received sustained
interest in the literature, empirical examination of its antecedents has been meagre.
Design/methodology/approach – The authors conducted a constructive replication to examine the
impact of three layers of context, namely, decision, firm and environment, on political behaviour.
In Study 1, Greece, we gathered data on 143 strategic decisions, while in Study 2, Egypt, we collected
data on 169 strategic decisions.
Findings – The evidence suggests that both decision-specific and firm factors act as antecedents
to political behaviour, while environmental factors do not.
Practical implications – The findings support enhanced practitioner education regarding political
behaviour and provide practitioners with a place from which to start by identifying the factors which
might influence the occurrence of political behaviour in SDM.
Originality/value – The paper fills important gaps in the existing research on the influence of
context on political behaviour and delineates interesting areas for further research.
Keywords Strategic decisionmaking, Contextual variables, Constructive replication, Political behaviour
Paper type Research paper
Purpose – The purpose of this paper is to enhance the knowledge of the antecedents of political
behaviour. Whereas political behaviour in strategic decision-making (SDM) has received sustained
interest in the literature, empirical examination of its antecedents has been meagre.
Design/methodology/approach – The authors conducted a constructive replication to examine the
impact of three layers of context, namely, decision, firm and environment, on political behaviour.
In Study 1, Greece, we gathered data on 143 strategic decisions, while in Study 2, Egypt, we collected
data on 169 strategic decisions.
Findings – The evidence suggests that both decision-specific and firm factors act as antecedents
to political behaviour, while environmental factors do not.
Practical implications – The findings support enhanced practitioner education regarding political
behaviour and provide practitioners with a place from which to start by identifying the factors which
might influence the occurrence of political behaviour in SDM.
Originality/value – The paper fills important gaps in the existing research on the influence of
context on political behaviour and delineates interesting areas for further research.
Keywords Strategic decisionmaking, Contextual variables, Constructive replication, Political behaviour
Paper type Research paper