메뉴 건너뛰기




Volumn 20, Issue 1, 2009, Pages 206-222

Diseconomies of managing in acquisitions: Evidence from civil lawsuits

Author keywords

Acquisitions; Civil lawsuits; Diseconomies of managing; Legal liability

Indexed keywords


EID: 70350397946     PISSN: 10477039     EISSN: 15265455     Source Type: Journal    
DOI: 10.1287/orsc.1080.0378     Document Type: Article
Times cited : (28)

References (47)
  • 1
    • 70350429096 scopus 로고
    • Administrative Office of the United States Courts. Statistical Analysis and Reports Division, Washington, D.C
    • Administrative Office of the United States Courts. 1987. Federal judicial workload statistics. Statistical Analysis and Reports Division, Washington, D.C.
    • (1987) Federal judicial workload statistics
  • 2
    • 0035186978 scopus 로고    scopus 로고
    • The take-over market for privately held companies: The US experience
    • Ang, J., N. Kohers. 2001. The take-over market for privately held companies: The US experience. Cambridge J. Econom. 25(6) 723-748.
    • (2001) Cambridge J. Econom. , vol.25 , Issue.6 , pp. 723-748
    • Ang, J.1    Kohers, N.2
  • 3
    • 84936628654 scopus 로고
    • War and peace: The evolution of modern personnel administration
    • Baron, J. N., F. R. Dobbin, P. D. Jennings. 1986. War and peace: The evolution of modern personnel administration. Amer. J. Soc. 92 350-383.
    • (1986) Amer. J. Soc. , vol.92 , pp. 350-383
    • Baron, J.N.1    Dobbin, F.R.2    Jennings, P.D.3
  • 4
    • 0032331437 scopus 로고    scopus 로고
    • Portfolio restructuring and limits to hierarchical governance: The effects of environmental uncertainty and diversification strategy
    • Bergh, D. D., M. W. Lawless. 1998. Portfolio restructuring and limits to hierarchical governance: The effects of environmental uncertainty and diversification strategy. Organ. Sci. 9(1) 87-103.
    • (1998) Organ. Sci. , vol.9 , Issue.1 , pp. 87-103
    • Bergh, D.D.1    Lawless, M.W.2
  • 6
    • 0003706045 scopus 로고    scopus 로고
    • 7th ed. B. A. Garner, 7th ed. B. A. Garner, ed. West Group, St. Paul, MN
    • Black, H. C. 1999. Black's Law Dictionary, 7th ed. B. A. Garner, ed. West Group, St. Paul, MN.
    • (1999) Black's Law Dictionary
    • Black, H.C.1
  • 7
    • 0036724577 scopus 로고    scopus 로고
    • When do acquirers earn abnormal returns?
    • Capron, L., N. Pistre. 2002. When do acquirers earn abnormal returns? Strategic Management J. 23 781-794.
    • (2002) Strategic Management J , vol.23 , pp. 781-794
    • Capron, L.1    Pistre, N.2
  • 8
    • 0000111782 scopus 로고    scopus 로고
    • Resource redeployment following horizontal acquisitions in Europe and North America, 1988-1992
    • Capron, L., P. Dussauge, W. Mitchell. 1998. Resource redeployment following horizontal acquisitions in Europe and North America, 1988-1992. Strategic Management J. 19 631-661.
    • (1998) Strategic Management J , vol.19 , pp. 631-661
    • Capron, L.1    Dussauge, P.2    Mitchell, W.3
  • 9
    • 84979188687 scopus 로고
    • The nature of the firm
    • Coase, R. 1937. The nature of the firm. Economica 4 386-405.
    • (1937) Economica , vol.4 , pp. 386-405
    • Coase, R.1
  • 10
    • 0008796487 scopus 로고
    • Reshaping employee protections for a global economy
    • Edwards, R. 1994. Reshaping employee protections for a global economy. Challenge 37 34-39.
    • (1994) Challenge , vol.37 , pp. 34-39
    • Edwards, R.1
  • 11
    • 0008775302 scopus 로고    scopus 로고
    • Finn, M. T. ed Forster-Long, Inc., Sacramento, CA
    • Finn, M. T. ed. 1996. The American Bench: Judges of the Nation. Forster-Long, Inc., Sacramento, CA.
    • (1996) The American Bench: Judges of the Nation
  • 13
    • 0001341238 scopus 로고
    • A theory of hierarchies based on limited managerial attention
    • Geanakoplos, J. P., P. Milgram. 1991. A theory of hierarchies based on limited managerial attention. J. Japanese Internat. Econom. 5 205-225.
    • (1991) J. Japanese Internat. Econom. , vol.5 , pp. 205-225
    • Geanakoplos, J.P.1    Milgram, P.2
  • 17
    • 0001932587 scopus 로고
    • The equilibrium of the firm
    • Kaldor, N. 1934. The equilibrium of the firm. Econom. J. 44 60-76.
    • (1934) Econom. J , vol.44 , pp. 60-76
    • Kaldor, N.1
  • 18
    • 84977712240 scopus 로고
    • The success of acquisitions: Evidence from divestitures
    • (March)
    • Kaplan, S. N., M. S. Weisbach. 1992. The success of acquisitions: Evidence from divestitures. J. Finance 47(March) 107-38.
    • (1992) J. Finance , vol.47 , pp. 107-138
    • Kaplan, S.N.1    Weisbach, M.S.2
  • 19
    • 33747491173 scopus 로고    scopus 로고
    • Modularity in organizational structure: The reconfiguration of internally developed and acquired business units
    • Karim, S. 2006. Modularity in organizational structure: The reconfiguration of internally developed and acquired business units. Strategic Management J. 27(9) 799-823.
    • (2006) Strategic Management J , vol.27 , Issue.9 , pp. 799-823
    • Karim, S.1
  • 20
    • 77958397295 scopus 로고
    • Vertical integration as organizational ownership: The Fisher Body-General Motors relationship revisited
    • Klein, B. 1988. Vertical integration as organizational ownership: The Fisher Body-General Motors relationship revisited. J. Law, Econom. Organ. 4(1) 199-213.
    • (1988) J. Law, Econom. Organ. , vol.4 , Issue.1 , pp. 199-213
    • Klein, B.1
  • 23
    • 0001376710 scopus 로고
    • Consequences of corporate refocusing: Ex ante evidence
    • Markides, C. 1992. Consequences of corporate refocusing: Ex ante evidence. Acad. Management J. 35(2) 398-412.
    • (1992) Acad. Management J , vol.35 , Issue.2 , pp. 398-412
    • Markides, C.1
  • 24
    • 84986797957 scopus 로고
    • International acquisitions in the United States: Evidence from returns to foreign bidders
    • Mathur, I., N. Rangan, I. Chhachhi, S. Sundaram. 1994. International acquisitions in the United States: Evidence from returns to foreign bidders. Managerial Decision Econom. 15(2) 107-118.
    • (1994) Managerial Decision Econom , vol.15 , Issue.2 , pp. 107-118
    • Mathur, I.1    Rangan, N.2    Chhachhi, I.3    Sundaram, S.4
  • 26
    • 70350390714 scopus 로고
    • Mergers & Acquisitions. Investment Dealers Digest, New York
    • Mergers & Acquisitions. 1987. Investment Dealers Digest, New York.
    • (1987)
  • 27
    • 0036502180 scopus 로고    scopus 로고
    • Identifying liabilities of foreignness and strategies to minimize their effects: The case of labor lawsuit judgments in the United States
    • Mezias, J. M. 2002. Identifying liabilities of foreignness and strategies to minimize their effects: The case of labor lawsuit judgments in the United States. Strategic Management J. 23 229-244.
    • (2002) Strategic Management J , vol.23 , pp. 229-244
    • Mezias, J.M.1
  • 28
    • 84934561547 scopus 로고
    • An economic approach to influence activities in organizations
    • Milgrom, P., J. Roberts. 1988. An economic approach to influence activities in organizations. Amer. J. Sociol 94 S154-S179.
    • (1988) Amer. J. Sociol , vol.94
    • Milgrom, P.1    Roberts, J.2
  • 29
    • 0008779565 scopus 로고
    • When the fired fight back
    • Nye, D. 1995. When the fired fight back. Across Board 32(6) 31-34.
    • (1995) Across Board , vol.32 , Issue.6 , pp. 31-34
    • Nye, D.1
  • 31
    • 84963015212 scopus 로고
    • Incentives and loss of control in an optimal hierarchy
    • Qian, Y. 1994. Incentives and loss of control in an optimal hierarchy. Rev. Econom. Stud. 61 527-544.
    • (1994) Rev. Econom. Stud. , vol.61 , pp. 527-544
    • Qian, Y.1
  • 32
    • 0012521288 scopus 로고
    • Diseconomies of scale in employment contracts
    • Rasmusen, E., T. Zenger. 1990. Diseconomies of scale in employment contracts. J. Law Econom. Organ. 6(1) 65-92.
    • (1990) J. Law Econom. Organ. , vol.6 , Issue.1 , pp. 65-92
    • Rasmusen, E.1    Zenger, T.2
  • 33
    • 0000046146 scopus 로고
    • The problem of management and the size of firms
    • Robinson, A. 1934. The problem of management and the size of firms. Econom. J. 44 242-257.
    • (1934) Econom. J , vol.44 , pp. 242-257
    • Robinson, A.1
  • 35
    • 0041669510 scopus 로고    scopus 로고
    • Effects of corporate diversification on productivity
    • Schoar, A. 2002. Effects of corporate diversification on productivity. J. Finance. LVII(6) 2379-2403.
    • (2002) J. Finance , vol.57 , Issue.6 , pp. 2379-2403
    • Schoar, A.1
  • 36
    • 84989064987 scopus 로고
    • Sources of value creation in acquisitions: An empirical examination
    • Seth, A. 1990. Sources of value creation in acquisitions: An empirical examination. Strategic Management J. 11(6) 431-446.
    • (1990) Strategic Management J , vol.11 , Issue.6 , pp. 431-446
    • Seth, A.1
  • 37
    • 0001067784 scopus 로고    scopus 로고
    • The effect of ownfirm and other-firm experience on foreign direct investment survival in the United States, 1987-1992
    • Shaver, J. M., W. Mitchell, B. Yeung. 1997. The effect of ownfirm and other-firm experience on foreign direct investment survival in the United States, 1987-1992. Strategic Management J. 18(10) 811-824.
    • (1997) Strategic Management J , vol.18 , Issue.10 , pp. 811-824
    • Shaver, J.M.1    Mitchell, W.2    Yeung, B.3
  • 38
    • 0002054507 scopus 로고
    • Breach of trust in hostile takeovers
    • A. Auerbach, ed. University of Chicago Press, Chicago
    • Shleifer, A., L. H. Sumners. 1988. Breach of trust in hostile takeovers. A. Auerbach, ed. Corporate Takeovers: Causes and Consequences. University of Chicago Press, Chicago, 33-56.
    • (1988) Corporate Takeovers: Causes and Consequences , pp. 33-56
    • Shleifer, A.1    Sumners, L.H.2
  • 39
    • 84989076141 scopus 로고
    • Corporate acquisition strategies and economic performance
    • Singh, H., C. Montgomery. 1987. Corporate acquisition strategies and economic performance. Strategic Management J. 8(4) 377-386.
    • (1987) Strategic Management J , vol.8 , Issue.4 , pp. 377-386
    • Singh, H.1    Montgomery, C.2
  • 40
    • 0001297642 scopus 로고
    • Hierarchies and bureaucracies: On the role of collusion in organizations
    • Tirole, J. 1986. Hierarchies and bureaucracies: On the role of collusion in organizations. J. Law Econom. Organ. 2(2) 181-214.
    • (1986) J. Law Econom. Organ. , vol.2 , Issue.2 , pp. 181-214
    • Tirole, J.1
  • 45
    • 84993045814 scopus 로고
    • Overcoming the liability of foreignness
    • Zaheer, S. 1995. Overcoming the liability of foreignness. Acad. Management J. 38(2) 341-363.
    • (1995) Acad. Management J , vol.38 , Issue.2 , pp. 341-363
    • Zaheer, S.1
  • 46
    • 0001084817 scopus 로고
    • Explaining organizational diseconomies of scale in R&D: Agency problems and the allocation of engineering talent, ideas, and effort by firm size
    • Zenger, T. 1994. Explaining organizational diseconomies of scale in R&D: Agency problems and the allocation of engineering talent, ideas, and effort by firm size. Management Sci. 40(6) 708-729.
    • (1994) Management Sci , vol.40 , Issue.6 , pp. 708-729
    • Zenger, T.1
  • 47
    • 4043175926 scopus 로고    scopus 로고
    • Deliberate learning in corporate acquisitions: Post-acquisition strategies and integration capability in US bank mergers
    • Zollo, M., H. Singh. 2004. Deliberate learning in corporate acquisitions: Post-acquisition strategies and integration capability in US bank mergers. Strategic Management J. 25(12) 1233-1256.
    • (2004) Strategic Management J , vol.25 , Issue.12 , pp. 1233-1256
    • Zollo, M.1    Singh, H.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.