文章基本信息

标题：Post-acquisition Performance: Contingency of Acquisition Strategy
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作者：Liang-Hung Lin ; Liang-Hung Lin ; Yu-Ling Ho 等
期刊名称：Procedia - Social and Behavioral Sciences
印刷版ISSN：1877-0428
出版年度：2015
卷号：207
页码：59-69
DOI：10.1016/j.sbspro.2015.10.154
语种：English
出版社：Elsevier
摘要：AbstractThis paper concerns the relationship between acculturation in acquisitions (X1), the acquirer's acquisition strategy (X2), and organizational integration (X3) between acquirer and target organizations, as well as their interactive effect (X1X2X3) on post-acquisition performance. The empirical results drawn by 154 acquisitions in the Taiwanese electronics and information sector reveal the existence of three-way interaction and show: (1) related acquisition with high degree of acculturation and integration is associated with high performance, whereas unrelated acquisition with low degree of acculturation and high degree of integration is associated with high performance; (2) organizational integration positively moderates the relationship between acculturation and performance; (3) integration has a stronger moderating effect in related acquisitions than in unrelated acquisitions.
关键词：acculturation;acquisition strategy;organizational integration;post-acquisition performance