메뉴 건너뛰기




Volumn 8, Issue 1, 2010, Pages 11-41

Measuring theoretically complex constructs: The case of acquisition performance

Author keywords

Construct validity; Measurement issues; Mergers and acquisitions; Structural equation modeling

Indexed keywords


EID: 77649301245     PISSN: 14761270     EISSN: 1741315X     Source Type: Journal    
DOI: 10.1177/1476127009355892     Document Type: Article
Times cited : (84)

References (95)
  • 1
    • 0002134679 scopus 로고    scopus 로고
    • Asset Redeployment, Acquisitions and Corporate Strategy in Declining Industries
    • Anand, J. and Singh, H. (1997) Asset Redeployment, Acquisitions and Corporate Strategy in Declining Industries, Strategic Management Journal 18 (Special Issue): 99-118.
    • (1997) Strategic Management Journal , vol.18 , Issue.SPEC. ISSUE , pp. 99-118
    • Anand, J.1    Singh, H.2
  • 3
    • 85005385613 scopus 로고
    • Risk Perception Psychology and Economics
    • Arrow, K.J. (1982) Risk Perception Psychology and Economics, Economic Inquiry 20: 1-9.
    • (1982) Economic Inquiry , vol.20 , pp. 1-9
    • Arrow, K.J.1
  • 4
    • 0002635956 scopus 로고
    • A Prospectus for Theory Construction in Marketing
    • Bagozzi, R.P. (1984) A Prospectus for Theory Construction in Marketing, Journal of Marketing 48: 11-29.
    • (1984) Journal of Marketing , vol.48 , pp. 11-29
    • Bagozzi, R.P.1
  • 5
    • 0002922642 scopus 로고
    • The Evaluation of Structural Equation Models and Hypothesis Testing
    • in R. P. Bagozzi (ed.), Oxford: Blackwell
    • Bagozzi, R.P. and Baumgartner, H. (1994) The Evaluation of Structural Equation Models and Hypothesis Testing, in R. P. Bagozzi (ed.) Principles of Marketing Research. Oxford: Blackwell.
    • (1994) Principles of Marketing Research
    • Bagozzi, R.P.1    Baumgartner, H.2
  • 6
    • 0001925985 scopus 로고    scopus 로고
    • A General Approach for Representing Constructs in Organizational Research
    • Bagozzi, R.P. and Edwards, J.R. (1998) A General Approach for Representing Constructs in Organizational Research, Organizational Research Methods 1: 45-87.
    • (1998) Organizational Research Methods , vol.1 , pp. 45-87
    • Bagozzi, R.P.1    Edwards, J.R.2
  • 8
    • 84989085092 scopus 로고
    • The Prognostics of Diversifying Acquisitions
    • Balakrishnan, S. (1988) The Prognostics of Diversifying Acquisitions, Strategic Management Journal 9: 185-96.
    • (1988) Strategic Management Journal , vol.9 , pp. 185-196
    • Balakrishnan, S.1
  • 10
    • 0042406761 scopus 로고    scopus 로고
    • Executive Retention and Acquisition Outcomes: A Test of Opposing Views on the Influence of Organizational Tenure
    • Bergh, D.D. (2001) Executive Retention and Acquisition Outcomes: A Test of Opposing Views on the Influence of Organizational Tenure, Journal of Management 27: 603-22.
    • (2001) Journal of Management , vol.27 , pp. 603-622
    • Bergh, D.D.1
  • 11
    • 13244279575 scopus 로고    scopus 로고
    • Construct Measurement in Strategic Management Research: Illusion or Reality?
    • Boyd, B.K., Gove, S. and Hitt, M.A. (2005a) Construct Measurement in Strategic Management Research: Illusion or Reality?, Strategic Management Journal 26: 239-57.
    • (2005) Strategic Management Journal , vol.26 , pp. 239-257
    • Boyd, B.K.1    Gove, S.2    Hitt, M.A.3
  • 12
    • 13244288340 scopus 로고    scopus 로고
    • Consequences of Measurement Problems in Strategic Management Research: The Case of Amihud and Lev
    • Boyd, B.K., Gove, S. and Hitt, M.A. (2005b) Consequences of Measurement Problems in Strategic Management Research: The Case of Amihud and Lev, Strategic Management Journal 26: 367-75.
    • (2005) Strategic Management Journal , vol.26 , pp. 367-375
    • Boyd, B.K.1    Gove, S.2    Hitt, M.A.3
  • 14
    • 84989103636 scopus 로고
    • The Deterrent to Dubious Corporate Behavior: Profitability, Probability and Safety Recalls
    • Bromiley, P. and Marcus, A. (1989) The Deterrent to Dubious Corporate Behavior: Profitability, Probability and Safety Recalls, Strategic Management Journal 10(3): 233-49.
    • (1989) Strategic Management Journal , vol.10 , Issue.3 , pp. 233-249
    • Bromiley, P.1    Marcus, A.2
  • 15
    • 38249031812 scopus 로고
    • On Using Event-Study Methodology in Strategic Management Research
    • Bromiley, P., Govekar, M. and Marcus, A. (1988) On Using Event-Study Methodology in Strategic Management Research, Technovation 8: 25-42.
    • (1988) Technovation , vol.8 , pp. 25-42
    • Bromiley, P.1    Govekar, M.2    Marcus, A.3
  • 16
    • 36749092418 scopus 로고
    • Using Daily Stock Returns: The Case of Event Studies
    • Brown, S.J. and Warner, J.B. (1985) Using Daily Stock Returns: The Case of Event Studies, Journal of Financial Economics 14: 3-31.
    • (1985) Journal of Financial Economics , vol.14 , pp. 3-31
    • Brown, S.J.1    Warner, J.B.2
  • 17
    • 0002106834 scopus 로고    scopus 로고
    • Predicted Change in Operational Synergy and Post-Acquisition Performance of Acquired Business
    • Brush, T.H. (1996) Predicted Change in Operational Synergy and Post-Acquisition Performance of Acquired Business, Strategic Management Journal 17: 1-24.
    • (1996) Strategic Management Journal , vol.17 , pp. 1-24
    • Brush, T.H.1
  • 19
    • 0005993257 scopus 로고    scopus 로고
    • Diversification Strategy, Entry Mode, and Performance: Evidence of Choice and Constraints
    • Busija, E.C., O'Neill, H.M. and Zeithaml, C.P. (1997) Diversification Strategy, Entry Mode, and Performance: Evidence of Choice and Constraints, Strategic Management Journal 18: 321-7.
    • (1997) Strategic Management Journal , vol.18 , pp. 321-327
    • Busija, E.C.1    O'Neill, H.M.2    Zeithaml, C.P.3
  • 21
    • 84989060384 scopus 로고
    • Effects of Executive Departures on the Performance of Acquired Firms
    • Cannella, A.A. Jr and Hambrick, D.C. (1993) Effects of Executive Departures on the Performance of Acquired Firms, Strategic Management Journal 14 (Special Issue): 137-53.
    • (1993) Strategic Management Journal , vol.14 , Issue.SPEC. ISSUE , pp. 137-153
    • Cannella Jr., A.A.1    Hambrick, D.C.2
  • 22
    • 0000403001 scopus 로고    scopus 로고
    • The Long-Term Performance of Horizontal Acquisitions
    • Capron, L. (1999) The Long-Term Performance of Horizontal Acquisitions, Strategic Management Journal 20: 987-1018.
    • (1999) Strategic Management Journal , vol.20 , pp. 987-1018
    • Capron, L.1
  • 23
    • 0036724577 scopus 로고    scopus 로고
    • When Do Acquirers Earn Abnormal Returns?
    • Capron, L. and Pistre, N. (2002) When Do Acquirers Earn Abnormal Returns?, Strategic Management Journal 23: 781-94.
    • (2002) Strategic Management Journal , vol.23 , pp. 781-794
    • Capron, L.1    Pistre, N.2
  • 24
    • 2442529819 scopus 로고    scopus 로고
    • Do Early Birds Get the Returns? An Empirical Investigation of Early-Mover Advantages in Acquisitions
    • Carow, K., Heron, R. and Saxton, T. (2004) Do Early Birds Get the Returns? An Empirical Investigation of Early-Mover Advantages in Acquisitions, Strategic Management Journal 25: 563-85.
    • (2004) Strategic Management Journal , vol.25 , pp. 563-585
    • Carow, K.1    Heron, R.2    Saxton, T.3
  • 26
    • 84989046062 scopus 로고
    • Types of Synergy and Economic Value: The Impact of Acquisitions on Merging and Rival Firms
    • Chatterjee, S. (1986) Types of Synergy and Economic Value: The Impact of Acquisitions on Merging and Rival Firms, Strategic Management Journal 7: 119-40.
    • (1986) Strategic Management Journal , vol.7 , pp. 119-140
    • Chatterjee, S.1
  • 27
    • 0008994425 scopus 로고
    • Gains in Vertical Acquisitions and Market Power: Theory and Evidence
    • Chatterjee, S. (1991) Gains in Vertical Acquisitions and Market Power: Theory and Evidence, Academy of Management Journal 34: 436-48.
    • (1991) Academy of Management Journal , vol.34 , pp. 436-448
    • Chatterjee, S.1
  • 28
    • 84989036050 scopus 로고
    • Sources of Value in Takeovers: Synergy or Restructuring - Implications for Target and Bidder Firms
    • Chatterjee, S. (1992) Sources of Value in Takeovers: Synergy or Restructuring - Implications for Target and Bidder Firms, Strategic Management Journal 13: 267-87.
    • (1992) Strategic Management Journal , vol.13 , pp. 267-287
    • Chatterjee, S.1
  • 29
    • 84989092805 scopus 로고
    • Cultural Differences and Shareholder Value in Related Mergers: Linking Equity and Human Capital
    • Chatterjee, S., Lubatkin, M. and Weber, Y. (1992) Cultural Differences and Shareholder Value in Related Mergers: Linking Equity and Human Capital, Strategic Management Journal 13: 319-34.
    • (1992) Strategic Management Journal , vol.13 , pp. 319-334
    • Chatterjee, S.1    Lubatkin, M.2    Weber, Y.3
  • 30
    • 44649171525 scopus 로고    scopus 로고
    • Testing Equivalence in the Structure, Means, and Variances of Higher-Order Constructs with Structural Equation Modeling
    • Cheung, G.W. (2008) Testing Equivalence in the Structure, Means, and Variances of Higher-Order Constructs with Structural Equation Modeling, Organizational Research Methods 11: 593-613.
    • (2008) Organizational Research Methods , vol.11 , pp. 593-613
    • Cheung, G.W.1
  • 31
    • 51549113248 scopus 로고    scopus 로고
    • Reducing Causal Ambiguity in Acquisitions: Intermediate Goals as Mediators of Integration Decisions and Acquisition Performance
    • Cording, M., Christmann, P. and King, D.R. (2008) Reducing Causal Ambiguity in Acquisitions: Intermediate Goals as Mediators of Integration Decisions and Acquisition Performance, Academy of Management Journal 51: 744-67.
    • (2008) Academy of Management Journal , vol.51 , pp. 744-767
    • Cording, M.1    Christmann, P.2    King, D.R.3
  • 32
    • 58149438731 scopus 로고
    • Construct Validity in Psychological Tests
    • Cronbach, L.J. and Meehl, P.E. (1955) Construct Validity in Psychological Tests, Psychological Bulletin 52: 281-302.
    • (1955) Psychological Bulletin , vol.52 , pp. 281-302
    • Cronbach, L.J.1    Meehl, P.E.2
  • 33
    • 84989094248 scopus 로고
    • Organizational Fit and Acquisition Performance: Effects of Post-Acquisition Integration
    • Datta, D.K. (1991) Organizational Fit and Acquisition Performance: Effects of Post-Acquisition Integration, Strategic Management Journal 12: 281-98.
    • (1991) Strategic Management Journal , vol.12 , pp. 281-298
    • Datta, D.K.1
  • 34
    • 84970437539 scopus 로고
    • Relationships between Type of Acquisition, the Autonomy Given to the Acquired Firm, and Acquisition Success: An Empirical Analysis
    • Datta, D.K. and Grant, J.H. (1990) Relationships between Type of Acquisition, the Autonomy Given to the Acquired Firm, and Acquisition Success: An Empirical Analysis, Journal of Management 16: 29-44.
    • (1990) Journal of Management , vol.16 , pp. 29-44
    • Datta, D.K.1    Grant, J.H.2
  • 35
    • 0000480869 scopus 로고
    • Efficient Capital Markets: A Review of Theory and Empirical Work
    • Fama, E.F. (1970) Efficient Capital Markets: A Review of Theory and Empirical Work, Journal of Finance 25: 383-417.
    • (1970) Journal of Finance , vol.25 , pp. 383-417
    • Fama, E.F.1
  • 37
    • 0001320899 scopus 로고    scopus 로고
    • The Independent and Joint Effects of the Skill and Physical Bases of Relatedness in Diversification
    • Farjoun, M. (1998) The Independent and Joint Effects of the Skill and Physical Bases of Relatedness in Diversification, Strategic Management Journal 19: 611-30.
    • (1998) Strategic Management Journal , vol.19 , pp. 611-630
    • Farjoun, M.1
  • 38
    • 0036002667 scopus 로고    scopus 로고
    • Understanding Acquisition Performance: The Role of Transfer Effects
    • Finkelstein, S. and Haleblian, J. (2002) Understanding Acquisition Performance: The Role of Transfer Effects, Organization Science 13: 36-47.
    • (2002) Organization Science , vol.13 , pp. 36-47
    • Finkelstein, S.1    Haleblian, J.2
  • 39
    • 0030517786 scopus 로고    scopus 로고
    • Announcements of Purely Related and Purely Unrelated Mergers and Shareholder Returns: Reconciling the Relatedness Paradox
    • Flanagan, D.J. (1996) Announcements of Purely Related and Purely Unrelated Mergers and Shareholder Returns: Reconciling the Relatedness Paradox, Journal of Management 22: 823-35.
    • (1996) Journal of Management , vol.22 , pp. 823-835
    • Flanagan, D.J.1
  • 40
    • 0000845836 scopus 로고
    • Tender Offers, Acquisitions, and Subsequent Performance in Manufacturing Firms
    • Fowler, K.L. and Schmidt, D.R. (1988) Tender Offers, Acquisitions, and Subsequent Performance in Manufacturing Firms, Academy of Management Journal 4: 962-74.
    • (1988) Academy of Management Journal , vol.4 , pp. 962-974
    • Fowler, K.L.1    Schmidt, D.R.2
  • 41
    • 84989040346 scopus 로고
    • Determinants of Tender Offer Post-Acquisition Financial Performance
    • Fowler, K.L. and Schmidt, D.R. (1989) Determinants of Tender Offer Post-Acquisition Financial Performance, Strategic Management Journal 10: 339-50.
    • (1989) Strategic Management Journal , vol.10 , pp. 339-350
    • Fowler, K.L.1    Schmidt, D.R.2
  • 42
    • 84970637108 scopus 로고
    • Temporal and Contextual Change in the Measurement Structure of Financial Performance: Implications for Strategy Research
    • Fryxell, G. and Barton, S. (1990) Temporal and Contextual Change in the Measurement Structure of Financial Performance: Implications for Strategy Research, Journal of Management 16: 553-69.
    • (1990) Journal of Management , vol.16 , pp. 553-569
    • Fryxell, G.1    Barton, S.2
  • 43
    • 0041760251 scopus 로고    scopus 로고
    • Multimarket Contact: Meaning and Measurement at Multiple Levels of Analysis
    • in J. A. C. Baum and H. R. Greve (eds), Amsterdam: Elsevier Science
    • Gimeno, J. and Jeong, E. (2001) Multimarket Contact: Meaning and Measurement at Multiple Levels of Analysis, in J. A. C. Baum and H. R. Greve (eds) Multiunit Organization and Multimarket Strategy, Vol. 18, pp. 357-408. Amsterdam: Elsevier Science.
    • (2001) Multiunit Organization and Multimarket Strategy , vol.18 , pp. 357-408
    • Gimeno, J.1    Jeong, E.2
  • 44
    • 0033247481 scopus 로고    scopus 로고
    • The Influence of Organizational Acquisition Experience on Acquisition Performance: A Behavioral Perspective
    • Haleblian, J. and Finkelstein, S. (1999) The Influence of Organizational Acquisition Experience on Acquisition Performance: A Behavioral Perspective, Administrative Science Quarterly 44: 29-56.
    • (1999) Administrative Science Quarterly , vol.44 , pp. 29-56
    • Haleblian, J.1    Finkelstein, S.2
  • 45
    • 84970151974 scopus 로고
    • Synergies and Post-Acquisition Performance: Differences versus Similarities in Resource Allocations
    • Harrison, J.S., Hitt, M.A., Hoskisson, R.E. and Ireland, D.R. (1991) Synergies and Post-Acquisition Performance: Differences versus Similarities in Resource Allocations, Journal of Management 17: 173-90.
    • (1991) Journal of Management , vol.17 , pp. 173-190
    • Harrison, J.S.1    Hitt, M.A.2    Hoskisson, R.E.3    Ireland, D.R.4
  • 47
    • 0036216897 scopus 로고    scopus 로고
    • When do Firms Learn from their Acquisitions? Evidence from 1990-1995
    • Hayward, M.L.A. (2002) When do Firms Learn from their Acquisitions? Evidence from 1990-1995, Strategic Management Journal 23: 21-39.
    • (2002) Strategic Management Journal , vol.23 , pp. 21-39
    • Hayward, M.L.A.1
  • 48
    • 0041508545 scopus 로고    scopus 로고
    • Professional Influence: The Effects of Investment Banks on Clients' Acquisition Financing and Performance
    • Hayward, M.L.A. (2003) Professional Influence: The Effects of Investment Banks on Clients' Acquisition Financing and Performance, Strategic Management Journal 24: 783-801.
    • (2003) Strategic Management Journal , vol.24 , pp. 783-801
    • Hayward, M.L.A.1
  • 49
    • 0031094431 scopus 로고    scopus 로고
    • Explaining the Premium Paid for Large Acquisitions: Evidence of CEO Hubris
    • Hayward, M.L.A. and Hambrick, D.C. (1997) Explaining the Premium Paid for Large Acquisitions: Evidence of CEO Hubris, Administrative Science Quarterly 42: 103-27.
    • (1997) Administrative Science Quarterly , vol.42 , pp. 103-127
    • Hayward, M.L.A.1    Hambrick, D.C.2
  • 51
    • 33645379447 scopus 로고    scopus 로고
    • Is Speed of Integration Really a Success Factor of Mergers and Acquisitions? An Analysis of the Role of Internal and External Relatedness
    • Homburg, C. and Bucerius, M. (2006) Is Speed of Integration Really a Success Factor of Mergers and Acquisitions? An Analysis of the Role of Internal and External Relatedness, Strategic Management Journal 27: 347-67.
    • (2006) Strategic Management Journal , vol.27 , pp. 347-367
    • Homburg, C.1    Bucerius, M.2
  • 52
    • 84970363767 scopus 로고
    • Long-Term Acquisition Strategies in the US Economy
    • Hopkins, H.D. (1987a) Long-Term Acquisition Strategies in the US Economy, Journal of Management 13: 557-72.
    • (1987) Journal of Management , vol.13 , pp. 557-572
    • Hopkins, H.D.1
  • 53
    • 84989040533 scopus 로고
    • Acquisition Strategy and the Market Position of Acquiring Firms
    • Hopkins, H.D. (1987b) Acquisition Strategy and the Market Position of Acquiring Firms, Strategic Management Journal 8: 535-47.
    • (1987) Strategic Management Journal , vol.8 , pp. 535-547
    • Hopkins, H.D.1
  • 54
    • 84989095478 scopus 로고
    • Changing Pattern of Acquisition Behavior in Takeovers and the Consequences for Acquisition Processes
    • Hunt, J.W. (1990) Changing Pattern of Acquisition Behavior in Takeovers and the Consequences for Acquisition Processes, Strategic Management Journal 11: 69-77.
    • (1990) Strategic Management Journal , vol.11 , pp. 69-77
    • Hunt, J.W.1
  • 55
    • 0000486548 scopus 로고
    • The Performance of Mutual Funds in the Period 1945-1964
    • Jensen, M.C. (1968) The Performance of Mutual Funds in the Period 1945-1964, Journal of Finance 23: 389-416.
    • (1968) Journal of Finance , vol.23 , pp. 389-416
    • Jensen, M.C.1
  • 57
    • 0742285882 scopus 로고    scopus 로고
    • Meta-Analyses of Post-Acquisition Performance: Indications of Unidentified Moderators
    • King, D.R., Dalton, D.R., Daily, C.M. and Covin, J.G. (2004) Meta-Analyses of Post-Acquisition Performance: Indications of Unidentified Moderators, Strategic Management Journal 25: 187-200.
    • (2004) Strategic Management Journal , vol.25 , pp. 187-200
    • King, D.R.1    Dalton, D.R.2    Daily, C.M.3    Covin, J.G.4
  • 58
    • 0001369248 scopus 로고    scopus 로고
    • Diversification and Top Management Team Complementarity: Is Performance Improved by Merging Similar or Dissimilar Teams?
    • Krishnan, H.A., Miller, A. and Judge, W.Q. (1997) Diversification and Top Management Team Complementarity: Is Performance Improved by Merging Similar or Dissimilar Teams?, Strategic Management Journal 18: 361-74.
    • (1997) Strategic Management Journal , vol.18 , pp. 361-374
    • Krishnan, H.A.1    Miller, A.2    Judge, W.Q.3
  • 59
    • 0002901361 scopus 로고    scopus 로고
    • Form of Control: A Critical Determinant of Acquisition Performance and CEO Rewards
    • Kroll, M., Wright, P., Toombs, L. and Leavell, H. (1997) Form of Control: A Critical Determinant of Acquisition Performance and CEO Rewards, Strategic Management Journal 18: 85-96.
    • (1997) Strategic Management Journal , vol.18 , pp. 85-96
    • Kroll, M.1    Wright, P.2    Toombs, L.3    Leavell, H.4
  • 60
    • 84989061174 scopus 로고
    • An Exploratory Study of Strategic Acquisition Factors Relating to Performance
    • Kusewitt, J.B. Jr (1985) An Exploratory Study of Strategic Acquisition Factors Relating to Performance, Strategic Management Journal 6: 151-69.
    • (1985) Strategic Management Journal , vol.6 , pp. 151-169
    • Kusewitt Jr., J.B.1
  • 61
    • 0033446821 scopus 로고    scopus 로고
    • Integrating Strategic, Organizational, and Human Resource Perspectives on Mergers and Acquisitions: A Case Survey of Synergy Realization
    • Larsson, R. and. Finkelstein, S. (1999) Integrating Strategic, Organizational, and Human Resource Perspectives on Mergers and Acquisitions: A Case Survey of Synergy Realization, Organization Science 10(1): 1-26.
    • (1999) Organization Science , vol.10 , Issue.1 , pp. 1-26
    • Larsson, R.1    Finkelstein, S.2
  • 62
    • 0001424333 scopus 로고
    • Mergers and the Performance of the Acquiring Firm
    • Lubatkin, M. (1983) Mergers and the Performance of the Acquiring Firm, Academy of Management Review 8: 218-26.
    • (1983) Academy of Management Review , vol.8 , pp. 218-226
    • Lubatkin, M.1
  • 63
    • 84989012147 scopus 로고
    • Merger Strategies and Stockholder Value
    • Lubatkin, M. (1987) Merger Strategies and Stockholder Value, Strategic Management Journal 8: 39-53.
    • (1987) Strategic Management Journal , vol.8 , pp. 39-53
    • Lubatkin, M.1
  • 64
    • 0000027501 scopus 로고
    • Towards Reconciliation of Market Performance Measures to Strategic Management Research
    • Lubatkin, M., and Shrieves, R.E. (1986) Towards Reconciliation of Market Performance Measures to Strategic Management Research, Academy of Management Review 11: 497-512.
    • (1986) Academy of Management Review , vol.11 , pp. 497-512
    • Lubatkin, M.1    Shrieves, R.E.2
  • 65
    • 0031498166 scopus 로고    scopus 로고
    • Merger Strategies and Shareholder Value during Times of Relaxed Antitrust Enforcement: A Case of Large Mergers during the 1980s
    • Lubatkin, M., Merchant, H. and Srinivasan, N. (1996) Merger Strategies and Shareholder Value during Times of Relaxed Antitrust Enforcement: A Case of Large Mergers during the 1980s, Journal of Management 23: 61-84.
    • (1996) Journal of Management , vol.23 , pp. 61-84
    • Lubatkin, M.1    Merchant, H.2    Srinivasan, N.3
  • 67
    • 0031510754 scopus 로고    scopus 로고
    • Event Studies in Management Research: Theoretical and Empirical Issues
    • McWilliams, A. and Siegel, D. (1997) Event Studies in Management Research: Theoretical and Empirical Issues, Academy of Management Journal 40: 626-57.
    • (1997) Academy of Management Journal , vol.40 , pp. 626-657
    • McWilliams, A.1    Siegel, D.2
  • 69
    • 84977702683 scopus 로고
    • Do Managerial Objectives Drive Bad Acquisitions?
    • Morck, R., Shleifer, A. and Vishny, R. (1990) Do Managerial Objectives Drive Bad Acquisitions?, The Journal of Finance 45: 31-49.
    • (1990) The Journal of Finance , vol.45 , pp. 31-49
    • Morck, R.1    Shleifer, A.2    Vishny, R.3
  • 71
    • 46649094585 scopus 로고    scopus 로고
    • The Danger of Misinterpreting Short-Window Event Study Findings in Strategic Management Research: An Empirical Illustration Using Horizontal Acquisitions
    • Oler, D.K., Harrison, J.S. and Allen, M.R. (2008) The Danger of Misinterpreting Short-Window Event Study Findings in Strategic Management Research: An Empirical Illustration Using Horizontal Acquisitions, Strategic Organization 6(2): 151-84.
    • (2008) Strategic Organization , vol.6 , Issue.2 , pp. 151-184
    • Oler, D.K.1    Harrison, J.S.2    Allen, M.R.3
  • 72
    • 8344238214 scopus 로고    scopus 로고
    • The Impact of Market Cycle on the Performance of Singapore Acquirers
    • Pangarkar, N. and Lie, J.R. (2004) The Impact of Market Cycle on the Performance of Singapore Acquirers, Strategic Management Journal 25: 1209-18.
    • (2004) Strategic Management Journal , vol.25 , pp. 1209-1218
    • Pangarkar, N.1    Lie, J.R.2
  • 73
    • 2342658987 scopus 로고    scopus 로고
    • Can a Previous Alliance between an Acquirer and a Target Affect Acquisition Performance?
    • Porrini, P. (2004) Can a Previous Alliance between an Acquirer and a Target Affect Acquisition Performance?, Journal of Management 30: 545-62.
    • (2004) Journal of Management , vol.30 , pp. 545-562
    • Porrini, P.1
  • 74
    • 0031510163 scopus 로고    scopus 로고
    • The Performance Impact of Strategic Similarity in Horizontal Mergers: Evidence from the US Banking Industry
    • Ramaswamy, M.K. (1997) The Performance Impact of Strategic Similarity in Horizontal Mergers: Evidence from the US Banking Industry, Academy of Management Journal 40: 697-715.
    • (1997) Academy of Management Journal , vol.40 , pp. 697-715
    • Ramaswamy, M.K.1
  • 75
    • 0037227262 scopus 로고    scopus 로고
    • The Measurement of Corporate Portfolio Strategy: Analysis of the Content Validity of Related Diversification Indexes
    • Robins, J.A. and Wiersema, M.F. (2003) The Measurement of Corporate Portfolio Strategy: Analysis of the Content Validity of Related Diversification Indexes, Strategic Management Journal 24: 39-59.
    • (2003) Strategic Management Journal , vol.24 , pp. 39-59
    • Robins, J.A.1    Wiersema, M.F.2
  • 76
    • 0742306711 scopus 로고    scopus 로고
    • Target Reputation and Appropriability: Picking and Deploying Resources in Acquisitions
    • Saxton, T. and Dollinger, M. (2004) Target Reputation and Appropriability: Picking and Deploying Resources in Acquisitions, Journal of Management 30: 123-47.
    • (2004) Journal of Management , vol.30 , pp. 123-147
    • Saxton, T.1    Dollinger, M.2
  • 77
    • 84989064850 scopus 로고
    • Post-Acquisition Performance and Executive Compensation
    • Schmidt, D.R. and Fowler, K.L. (1990) Post-Acquisition Performance and Executive Compensation, Strategic Management Journal 11: 559-69.
    • (1990) Strategic Management Journal , vol.11 , pp. 559-569
    • Schmidt, D.R.1    Fowler, K.L.2
  • 78
    • 0002442739 scopus 로고
    • Construct Validity in Organizational Behavior
    • in B. M. Staw and L. L. Cummings (eds), Greenwich, CT: JAI Press
    • Schwab, D.P. (1980) Construct Validity in Organizational Behavior, in B. M. Staw and L. L. Cummings (eds) Research in Organizational Behavior. Greenwich, CT: JAI Press.
    • (1980) Research in Organizational Behavior
    • Schwab, D.P.1
  • 79
    • 84989035983 scopus 로고
    • Value Creation in Acquisitions: A Re-Examination of Performance
    • Seth, A. (1990a) Value Creation in Acquisitions: A Re-Examination of Performance, Strategic Management Journal 11: 99-116.
    • (1990) Strategic Management Journal , vol.11 , pp. 99-116
    • Seth, A.1
  • 80
    • 84989064987 scopus 로고
    • Sources of Value Creation in Acquisitions: An Empirical Investigation
    • Seth, A. (1990b) Sources of Value Creation in Acquisitions: An Empirical Investigation, Strategic Management Journal 11: 431-47.
    • (1990) Strategic Management Journal , vol.11 , pp. 431-447
    • Seth, A.1
  • 81
    • 0036783890 scopus 로고    scopus 로고
    • Value Creation and Destruction in Cross-Border Acquisitions: An Empirical Analysis of Foreign Acquisitions of US Firms
    • Seth, A., Song, K.P. and Pettit, R.R. (2002) Value Creation and Destruction in Cross-Border Acquisitions: An Empirical Analysis of Foreign Acquisitions of US Firms, Strategic Management Journal 23: 921-40.
    • (2002) Strategic Management Journal , vol.23 , pp. 921-940
    • Seth, A.1    Song, K.P.2    Pettit, R.R.3
  • 82
    • 84989102129 scopus 로고
    • Agreement between Top Management Teams and Expectations for Post Acquisition Performance
    • Shanley, M.T. and Correa, M.E. (1992) Agreement between Top Management Teams and Expectations for Post Acquisition Performance, Strategic Management Journal 13: 245-66.
    • (1992) Strategic Management Journal , vol.13 , pp. 245-266
    • Shanley, M.T.1    Correa, M.E.2
  • 83
    • 70350397946 scopus 로고    scopus 로고
    • Diseconomies of Managing in Acquisitions: Evidence from Civil Lawsuits
    • Shaver, J.M. and Mezias, J.M. (2009) 'Diseconomies of Managing in Acquisitions: Evidence from Civil Lawsuits', Organization Science 20(1): 206-22.
    • (2009) Organization Science , vol.20 , Issue.1 , pp. 206-222
    • Shaver, J.M.1    Mezias, J.M.2
  • 84
    • 84989040438 scopus 로고
    • Strategic Business Fits and Corporate Acquisition: Empirical Evidence
    • Shelton, L.M. (1988) Strategic Business Fits and Corporate Acquisition: Empirical Evidence, Strategic Management Journal 9: 279-87.
    • (1988) Strategic Management Journal , vol.9 , pp. 279-287
    • Shelton, L.M.1
  • 85
    • 84989076141 scopus 로고
    • Corporate Acquisition Strategies and Economic Performance
    • Singh, H. and Montgomery, C.A. (1987) Corporate Acquisition Strategies and Economic Performance, Strategic Management Journal 8: 377-87.
    • (1987) Strategic Management Journal , vol.8 , pp. 377-387
    • Singh, H.1    Montgomery, C.A.2
  • 87
    • 33748935378 scopus 로고    scopus 로고
    • Market Value Effects of Acquisitions Involving Internet Firms: A Resource-Based Analysis
    • Uhlenbruck, K., Hitt, M.A. and Semadeni, M. (2006) Market Value Effects of Acquisitions Involving Internet Firms: A Resource-Based Analysis, Strategic Management Journal 27: 899-913.
    • (2006) Strategic Management Journal , vol.27 , pp. 899-913
    • Uhlenbruck, K.1    Hitt, M.A.2    Semadeni, M.3
  • 88
    • 0001512938 scopus 로고
    • On Various Causes of Improper Solutions in Maximum Likelihood Factor Analysis
    • Van Driel, O.P. (1978) On Various Causes of Improper Solutions in Maximum Likelihood Factor Analysis, Psychometrika 43: 225-43.
    • (1978) Psychometrika , vol.43 , pp. 225-243
    • van Driel, O.P.1
  • 90
    • 0011490625 scopus 로고
    • Overpaying in Corporate Takeovers: The Winner's Curse
    • Varaiya, N.P. and Ferris, K.R. (1987) Overpaying in Corporate Takeovers: The Winner's Curse, Financial Analysts' Journal 43: 64-70.
    • (1987) Financial Analysts' Journal , vol.43 , pp. 64-70
    • Varaiya, N.P.1    Ferris, K.R.2
  • 91
    • 0001873530 scopus 로고
    • Construct Measurement in Organizational Strategy Research: A Critique and a Proposal
    • Venkatraman, N. and Grant, J.H. (1986) Construct Measurement in Organizational Strategy Research: A Critique and a Proposal, Academy of Management Review 11: 71-87.
    • (1986) Academy of Management Review , vol.11 , pp. 71-87
    • Venkatraman, N.1    Grant, J.H.2
  • 93
    • 0001418442 scopus 로고    scopus 로고
    • Relative Standing and the Performance of Recently Acquired European Firms
    • Very, P., Lubatkin, M., Calori, R. and Veiga, J. (1997) 'Relative Standing and the Performance of Recently Acquired European Firms', Strategic Management Journal 18: 593-614.
    • (1997) Strategic Management Journal , vol.18 , pp. 593-614
    • Very, P.1    Lubatkin, M.2    Calori, R.3    Veiga, J.4
  • 94
  • 95
    • 4043175926 scopus 로고    scopus 로고
    • Deliberate Learning in Corporate Acquisitions: Post-Acquisition Strategies and Integration Capability in US Bank Mergers
    • Zollo, M. and Singh, H. (2004) Deliberate Learning in Corporate Acquisitions: Post-Acquisition Strategies and Integration Capability in US Bank Mergers, Strategic Management Journal 25: 1233-56.
    • (2004) Strategic Management Journal , vol.25 , pp. 1233-1256
    • Zollo, M.1    Singh, H.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.