Florian Bauer - Böcker

This book provides an engaging exploration of how corporate strategy and restructuring can significantly shape the competitiveness of firms.Corporations – firms with more than one business unit – require managers to decide how best to allocate resources to ensure the overall corporation thrives. This book provides a concise yet holistic and dynamic approach to corporate restructuring measures, such as alliances, R&D investments, acquisitions, and the exiting of businesses. Successful corporate restructuring requires balancing several challenges and allows managers to adjust how a corporation relates to external trends, such as globalization, rapid technical development, competitive change, and various stakeholders. Corporate strategy is not a fixed solution to challenges; rather, corporations need to build a multi-relational and flexible restructuring capability. Chapters offer a practical account of the key challenges and tools of corporate strategists and are illustrated with real-life cases and data sets from both emerging and established markets across different countries. Each chapter includes discussion questions, key terms, and end-of-chapter summaries.This book is essential for advanced undergraduate and postgraduate students studying corporate strategy, corporate governance, and international business.Online resources include chapter-by-chapter slides and teaching notes, including answers to discussion questions.

This book provides an engaging exploration of how corporate strategy and restructuring can significantly shape the competitiveness of firms.Corporations – firms with more than one business unit – require managers to decide how best to allocate resources to ensure the overall corporation thrives. This book provides a concise yet holistic and dynamic approach to corporate restructuring measures, such as alliances, R&D investments, acquisitions, and the exiting of businesses. Successful corporate restructuring requires balancing several challenges and allows managers to adjust how a corporation relates to external trends, such as globalization, rapid technical development, competitive change, and various stakeholders. Corporate strategy is not a fixed solution to challenges; rather, corporations need to build a multi-relational and flexible restructuring capability. Chapters offer a practical account of the key challenges and tools of corporate strategists and are illustrated with real-life cases and data sets from both emerging and established markets across different countries. Each chapter includes discussion questions, key terms, and end-of-chapter summaries.This book is essential for advanced undergraduate and postgraduate students studying corporate strategy, corporate governance, and international business.Online resources include chapter-by-chapter slides and teaching notes, including answers to discussion questions.

The process of identifying and evaluating a target firm, completing a deal after its negotiation and announcement, and then integrating a target firm after legal combination is a multi-year process with uncertain returns to acquiring firms. Research on mergers and acquisitions (M&As) is progressing rapidly yet it remains fragmented across multiple research perspectives that largely examine different acquisition phases separately and coincide with a focus on different research variables. As a result, research fragmentation means that a researcher in one area may be unaware of research from related areas that is likely relevant. This contributes to research silos with M&A research displaying different traditions, starting points, and assumptions.Mergers and Acquisitions: A Research Overview summarizes the frontier in M&A research and provides insights into where it can be expanded. It undertakes the needed integration and reconciliation of research in order to derive practical knowledge for managing acquisitions from beginning to end, providing a summary of what is known and its implications for future research.This concise overview reconciles and integrates the state of the art in our understanding of mergers and acquisitions, providing an essential first stopping point in the research journey of students and scholars working in this area.

The process of identifying and evaluating a target firm, completing a deal after its negotiation and announcement, and then integrating a target firm after legal combination is a multi-year process with uncertain returns to acquiring firms. Research on mergers and acquisitions (M&As) is progressing rapidly yet it remains fragmented across multiple research perspectives that largely examine different acquisition phases separately and coincide with a focus on different research variables. As a result, research fragmentation means that a researcher in one area may be unaware of research from related areas that is likely relevant. This contributes to research silos with M&A research displaying different traditions, starting points, and assumptions.Mergers and Acquisitions: A Research Overview summarizes the frontier in M&A research and provides insights into where it can be expanded. It undertakes the needed integration and reconciliation of research in order to derive practical knowledge for managing acquisitions from beginning to end, providing a summary of what is known and its implications for future research.This concise overview reconciles and integrates the state of the art in our understanding of mergers and acquisitions, providing an essential first stopping point in the research journey of students and scholars working in this area.

Die bestehende M&A-Forschung kann als stark fragmentiert bezeichnet werden und hat sich in unterschiedliche thematische Richtungen entwickelt und spezialisiert. Florian A. Bauer entwickelt ein phasen- und denkschulenübergreifendes Untersuchungsmodell, das zentrale Konstrukte unterschiedlicher Denkschulen der Pre-Merger-Phase (strategische Komplementarität und kulturelle Kompatibilität) mit Themenbereichen der Post-Merger-Phase (Integrationsgrad und Integrationsgeschwindigkeit) verbindet und deren Wechselwirkungen mit dem M&A-Erfolg analysiert.