1、字数:英文字数:英文 24232423 单词,单词,1459814598 字符;中文字符;中文 45104510 汉字汉字 作者及出处:作者及出处:Kolev K D, Haleblian J J. When firms learn from prior Kolev K D, Haleblian J J. When firms learn from prior acquisition experienceJ. Journal of Organization Design, 2018, 7(1): acquisition experienceJ. Journal of Organization
2、Design, 2018, 7(1): 8.8. 外文文献外文文献 When firms learn from prior acquisition experience Abstract Acquisition experience is commonly viewed as an important determinant of subsequent acquisition success. Yet, empirical evidence suggests that acquisition experience may not be positively associated with ac
3、quisition performance and could even hurt performance. In this article, we highlight specific practices that facilitate and impede learning from acquisitions and draw implications for managers. In particular, we suggest that managers (1) expand time between acquisitions, (2) implement strong governa
4、nce mechanisms and top management team diversity, (3) use similar-context experience, (4) avoid herding behavior in acquisitions, and (5) minimize blind reliance on financial advisors to effectively transfer prior acquisition experience into acquisition success. Keywords: Acquisition experience, Acquisition transfer, Acquisition performance. Introduction Acquisitions are major strategic initiatives allowing the firm to grow, gain access to valuable assets and know-how,