메뉴 건너뛰기




Volumn 24, Issue 6, 2013, Pages 1805-1826

The persistent effect of geographic distance in acquisition target selection

Author keywords

Business relatedness; Geographic distance; Mergers and acquisitions; Target selection

Indexed keywords


EID: 84888421453     PISSN: 10477039     EISSN: 15265455     Source Type: Journal    
DOI: 10.1287/orsc.1120.0811     Document Type: Article
Times cited : (144)

References (172)
  • 1
    • 0037259515 scopus 로고    scopus 로고
    • Redefining firm boundaries in the face of the Internet: Are firms really shrinking?
    • Afuah A (2003) Redefining firm boundaries in the face of the Internet: Are firms really shrinking? Acad. Management Rev. 28(1):34-53.
    • (2003) Acad. Management Rev. , vol.28 , Issue.1 , pp. 34-53
    • Afuah, A.1
  • 2
    • 0037564563 scopus 로고    scopus 로고
    • Interaction terms in logit and probit models
    • Ai C, Norton E (2003) Interaction terms in logit and probit models. Econom. Lett. 80(1):123-129.
    • (2003) Econom. Lett. , vol.80 , Issue.1 , pp. 123-129
    • Ai, C.1    Norton, E.2
  • 3
    • 0000423065 scopus 로고
    • Even dwarfs started small: Liabilities of size and age and their strategic implications
    • Staw BM, Cummings LL, eds. Research in Organization Behavior, Vol. 5 (JAI Press, Greenwich, CT)
    • Aldrich H, Auster ER (1986) Even dwarfs started small: Liabilities of size and age and their strategic implications. Staw BM, Cummings LL, eds. Research in Organization Behavior, Vol. 5 (JAI Press, Greenwich, CT), 165-198.
    • (1986) , vol.5 , pp. 165-198
    • Aldrich, H.1    Auster, E.R.2
  • 4
    • 84989092230 scopus 로고
    • Strategic assets and organizational rent
    • Amit R, Shoemaker PJH (1993) Strategic assets and organizational rent. Strategic Management J. 14(1):33-46.
    • (1993) Strategic Management J. , vol.14 , Issue.1 , pp. 33-46
    • Amit, R.1    Shoemaker, P.J.H.2
  • 5
    • 0031488033 scopus 로고    scopus 로고
    • Location specificity and the transferability of downstream assets to foreign subsidiaries
    • Anand J, Delios A (1997) Location specificity and the transferability of downstream assets to foreign subsidiaries. J. Internat. Bus. Stud. 28(3):579-603.
    • (1997) J. Internat. Bus. Stud. , vol.28 , Issue.3 , pp. 579-603
    • Anand, J.1    Delios, A.2
  • 6
    • 0004179913 scopus 로고
    • The Concept of Corporate Strategy
    • Dow Jones-Irwin, Homewood, IL
    • Andrews KR (1971) The Concept of Corporate Strategy (Dow Jones-Irwin, Homewood, IL).
    • (1971)
    • Andrews, K.R.1
  • 7
    • 0001643223 scopus 로고
    • The persistence and transfer of learning in organizations
    • Argote L, Beckman SL, Epple D (1990) The persistence and transfer of learning in organizations. Management Sci. 36(2):140-154.
    • (1990) Management Sci. , vol.36 , Issue.2 , pp. 140-154
    • Argote, L.1    Beckman, S.L.2    Epple, D.3
  • 8
    • 84888419526 scopus 로고    scopus 로고
    • The Market for Firms, How Should a Firm Be Sold?
    • JAI Press, Greenwich, CT
    • Arikan A, ed. (2005) In the Market for Firms, How Should a Firm Be Sold? (JAI Press, Greenwich, CT).
    • (2005)
    • Arikan, A.1
  • 9
    • 0002216814 scopus 로고    scopus 로고
    • Tradeoffs in the organization of production: Multiunit firms, geographic dispersion and organizational learning
    • Baum JAC, Greve HR, eds. Multiunit Organization and Multimarket Strategy (Advances in Strategic Management, (Elsevier, Oxford, UK)
    • Audia PG, Sorenson O, Hage J (2001) Tradeoffs in the organization of production: Multiunit firms, geographic dispersion and organizational learning. Baum JAC, Greve HR, eds. Multiunit Organization and Multimarket Strategy (Advances in Strategic Management, Vol. 18) (Elsevier, Oxford, UK), 75-105.
    • (2001) , vol.18 , pp. 75-105
    • Audia, P.G.1    Sorenson, O.2    Hage, J.3
  • 10
    • 0003011491 scopus 로고
    • Do larger organizations generate stronger competition?
    • Singh JV, ed. Organizational Evolution: New Directions (Sage, Newbury Park, CA)
    • Barnett WP, Amburgey TL (1990) Do larger organizations generate stronger competition? Singh JV, ed. Organizational Evolution: New Directions (Sage, Newbury Park, CA), 78-102.
    • (1990) , pp. 78-102
    • Barnett, W.P.1    Amburgey, T.L.2
  • 11
    • 0000648913 scopus 로고
    • Strategic factors markets: Expectations, luck, and business strategy
    • Barney JB (1986) Strategic factors markets: Expectations, luck, and business strategy. Management Sci. 32(10):1231-1241.
    • (1986) Management Sci. , vol.32 , Issue.10 , pp. 1231-1241
    • Barney, J.B.1
  • 12
    • 0034337135 scopus 로고    scopus 로고
    • Making the next move: How experiential and vicarious learning shape the locations of chains' acquisitions
    • Baum JAC, Li SX, Usher JM (2000) Making the next move: How experiential and vicarious learning shape the locations of chains' acquisitions. Admin. Sci. Quart. 45(4):766-801.
    • (2000) Admin. Sci. Quart. , vol.45 , Issue.4 , pp. 766-801
    • Baum, J.A.C.1    Li, S.X.2    Usher, J.M.3
  • 13
    • 33748540736 scopus 로고    scopus 로고
    • Technological progress and the geographic expansion of the banking industry
    • Berger AN, DeYoung R (2002) Technological progress and the geographic expansion of the banking industry. J. Money, Credit, Banking 38(6):1483-1513.
    • (2002) J. Money, Credit, Banking , vol.38 , Issue.6 , pp. 1483-1513
    • Berger, A.N.1    DeYoung, R.2
  • 14
    • 0043205028 scopus 로고    scopus 로고
    • A relational view of information seeking and learning in social networks
    • Borgatti SP, Cross R (2003) A relational view of information seeking and learning in social networks. Management Sci. 49(4):432-445.
    • (2003) Management Sci. , vol.49 , Issue.4 , pp. 432-445
    • Borgatti, S.P.1    Cross, R.2
  • 15
    • 0040747533 scopus 로고    scopus 로고
    • International portfolio investment flows
    • Brennan MJ, Cao HH (1997) International portfolio investment flows. J. Finance 52(5):1851-1880.
    • (1997) J. Finance , vol.52 , Issue.5 , pp. 1851-1880
    • Brennan, M.J.1    Cao, H.H.2
  • 16
    • 0001591801 scopus 로고
    • Search behavior in an intra-urban migration context: A spatial perspective
    • Brown LA, Holmes J (1971) Search behavior in an intra-urban migration context: A spatial perspective. Environment Planning 3(3):307-326.
    • (1971) Environment Planning , vol.3 , Issue.3 , pp. 307-326
    • Brown, L.A.1    Holmes, J.2
  • 17
    • 21344476489 scopus 로고
    • Performance of acquisitions of distressed firms
    • Bruton GD, Oviatt BM, White MA (1994) Performance of acquisitions of distressed firms. Acad. Management J. 37(4): 972-989.
    • (1994) Acad. Management J. , vol.37 , Issue.4 , pp. 972-989
    • Bruton, G.D.1    Oviatt, B.M.2    White, M.A.3
  • 18
    • 0001589824 scopus 로고
    • A behavioral model of consumer spatial decision making
    • Cadwallader M (1975) A behavioral model of consumer spatial decision making. Econom. Geography 51(4):339-349.
    • (1975) Econom. Geography , vol.51 , Issue.4 , pp. 339-349
    • Cadwallader, M.1
  • 19
    • 34547849644 scopus 로고    scopus 로고
    • Acquisitions of private vs. public firms: Private information, target selection, and acquirer returns
    • Capron L, Shen JC (2007) Acquisitions of private vs. public firms: Private information, target selection, and acquirer returns. Strategic Management J. 28(9):891-911.
    • (2007) Strategic Management J. , vol.28 , Issue.9 , pp. 891-911
    • Capron, L.1    Shen, J.C.2
  • 20
    • 0000111782 scopus 로고    scopus 로고
    • Resource redeployment following horizontal acquisitions in Europe and North America, 1988-1992
    • Capron L, Dussuage P, Mitchell W (1998) Resource redeployment following horizontal acquisitions in Europe and North America, 1988-1992. Strategic Management J. 19(7):631-661.
    • (1998) Strategic Management J. , vol.19 , Issue.7 , pp. 631-661
    • Capron, L.1    Dussuage, P.2    Mitchell, W.3
  • 21
    • 0003756006 scopus 로고
    • Multinational Enterprise and Economic Analysis
    • Cambridge University Press, Cambridge, UK
    • Caves R (1982) Multinational Enterprise and Economic Analysis (Cambridge University Press, Cambridge, UK).
    • (1982)
    • Caves, R.1
  • 22
    • 0033665564 scopus 로고    scopus 로고
    • Mergers/acquisitions and restructuring in the EU chemical industry: Patterns and implications
    • Chapman K, Edmond H (2000) Mergers/acquisitions and restructuring in the EU chemical industry: Patterns and implications. Regional Stud. 34(8):753-768.
    • (2000) Regional Stud. , vol.34 , Issue.8 , pp. 753-768
    • Chapman, K.1    Edmond, H.2
  • 23
    • 84989103712 scopus 로고
    • Trading in strategic resources: Necessary conditions, transaction cost problems, and choice of exchange structure
    • Chi T (1994) Trading in strategic resources: Necessary conditions, transaction cost problems, and choice of exchange structure. Strategic Management J. 12(4):271-290.
    • (1994) Strategic Management J. , vol.12 , Issue.4 , pp. 271-290
    • Chi, T.1
  • 24
    • 0019910677 scopus 로고
    • Recent research on migration and mobility: A review and interpretation
    • Clark WAV (1982) Recent research on migration and mobility: A review and interpretation. Progress Planning 18(1):1-56.
    • (1982) Progress Planning , vol.18 , Issue.1 , pp. 1-56
    • Clark, W.A.V.1
  • 25
    • 77956723749 scopus 로고
    • Search and choice in urban housing markets
    • Garling T, Golledge RG, eds. Behavior and Environment: Psychological and Geographic Approaches (Elsevier/North-Holland, Amsterdam)
    • Clark WAV (1993) Search and choice in urban housing markets. Garling T, Golledge RG, eds. Behavior and Environment: Psychological and Geographic Approaches (Elsevier/North-Holland, Amsterdam), 298-316.
    • (1993) , pp. 298-316
    • Clark, W.A.V.1
  • 26
    • 0012342242 scopus 로고
    • A review of search models and their application to search in the housing market
    • Clark WAV, ed. Modeling Housing Market Search (Croom Helm, London)
    • Clark WAV, Flowerdew R (1982) A review of search models and their application to search in the housing market. Clark WAV, ed. Modeling Housing Market Search (Croom Helm, London), 4-29.
    • (1982) , pp. 4-29
    • Clark, W.A.V.1    Flowerdew, R.2
  • 27
    • 0018690322 scopus 로고
    • Modeling information use in a spatial context
    • Clark WAV, Smith TR (1979) Modeling information use in a spatial context. Ann. Assoc. Amer. Geographers 69(4):575-588.
    • (1979) Ann. Assoc. Amer. Geographers , vol.69 , Issue.4 , pp. 575-588
    • Clark, W.A.V.1    Smith, T.R.2
  • 28
    • 33846142908 scopus 로고    scopus 로고
    • Business location decision-making and the cities: Bringing companies back
    • Report, Brookings Institution Center on Urban and Metropolitan Policy, Washington, DC
    • Cohen N (2000) Business location decision-making and the cities: Bringing companies back. Report, Brookings Institution Center on Urban and Metropolitan Policy, Washington, DC.
    • (2000)
    • Cohen, N.1
  • 29
    • 0030491789 scopus 로고    scopus 로고
    • A resource-based theory of the firm: Knowledge versus opportunism
    • Conner KR, Prahalad CK (1996) A resource-based theory of the firm: Knowledge versus opportunism. Organ. Sci. 7(5):477-501.
    • (1996) Organ. Sci. , vol.7 , Issue.5 , pp. 477-501
    • Conner, K.R.1    Prahalad, C.K.2
  • 30
    • 0001454941 scopus 로고
    • Maximum likelihood estimator for choice based samples
    • Cosslett SR (1981) Maximum likelihood estimator for choice based samples. Econometrica 49(5):1289-1316.
    • (1981) Econometrica , vol.49 , Issue.5 , pp. 1289-1316
    • Cosslett, S.R.1
  • 31
    • 69249119433 scopus 로고    scopus 로고
    • Rethinking time geography in the information age
    • Couclelis H (2009) Rethinking time geography in the information age. Environment Planning A 41(7):1556-1575.
    • (2009) Environment Planning A , vol.41 , Issue.7 , pp. 1556-1575
    • Couclelis, H.1
  • 32
    • 0007884883 scopus 로고    scopus 로고
    • Home bias at home: Local equity preference in domestic portfolios
    • Coval JD, Moskowitz TJ (1999) Home bias at home: Local equity preference in domestic portfolios. J. Finance 54(6):2045-2073.
    • (1999) J. Finance , vol.54 , Issue.6 , pp. 2045-2073
    • Coval, J.D.1    Moskowitz, T.J.2
  • 33
    • 0034861189 scopus 로고    scopus 로고
    • The geography of investment: Informed trading and asset prices
    • Coval JD, Moskowitz TJ (2001) The geography of investment: Informed trading and asset prices. J. Political Econom. 109(4):811-841.
    • (2001) J. Political Econom. , vol.109 , Issue.4 , pp. 811-841
    • Coval, J.D.1    Moskowitz, T.J.2
  • 34
    • 0042840442 scopus 로고
    • Racial differences in the search for housing
    • Clark WAV, ed. Modeling Housing Market Search (Croom Helm, London)
    • Cronin R (1982) Racial differences in the search for housing. Clark WAV, ed. Modeling Housing Market Search (Croom Helm, London), 81-105.
    • (1982) , pp. 81-105
    • Cronin, R.1
  • 35
    • 84919550734 scopus 로고    scopus 로고
    • Leading groups from a distance: How to mitigate consequences of geographic dispersion
    • Weisband SP, ed. Leadership at a Distance: Research in Technologically-Supported Work (Lawrence Erlbaum Associates, Abingdon, UK)
    • Cummings JN (2008) Leading groups from a distance: How to mitigate consequences of geographic dispersion. Weisband SP, ed. Leadership at a Distance: Research in Technologically-Supported Work (Lawrence Erlbaum Associates, Abingdon, UK), 33-50.
    • (2008) , pp. 33-50
    • Cummings, J.N.1
  • 36
    • 84888410472 scopus 로고    scopus 로고
    • Dealing with distance in team networks: A relational model of communication technology use
    • Working paper, Duke University, Durham, NC
    • Cummings J, Ghosh T (2005) Dealing with distance in team networks: A relational model of communication technology use. Working paper, Duke University, Durham, NC.
    • (2005)
    • Cummings, J.1    Ghosh, T.2
  • 37
    • 0007332796 scopus 로고
    • Theory of residential location decisions of two worker households
    • Curran C, Carlson L, Ford DA (1982) Theory of residential location decisions of two worker households. J. Urban Econom. 12(1):102-114.
    • (1982) J. Urban Econom. , vol.12 , Issue.1 , pp. 102-114
    • Curran, C.1    Carlson, L.2    Ford, D.A.3
  • 38
    • 0004192228 scopus 로고
    • A Behavioral Theory of the Firm
    • Prentice-Hall, Englewood Cliffs, NJ
    • Cyert RM, March JG (1963) A Behavioral Theory of the Firm (Prentice-Hall, Englewood Cliffs, NJ).
    • (1963)
    • Cyert, R.M.1    March, J.G.2
  • 39
    • 84989104427 scopus 로고
    • Chief executive scanning, environmental characteristics, and company performance: An empirical study
    • Daft RL, Sormunen J, Parks D (1988) Chief executive scanning, environmental characteristics, and company performance: An empirical study. Strategic Management J. 9(2):123-139.
    • (1988) Strategic Management J. , vol.9 , Issue.2 , pp. 123-139
    • Daft, R.L.1    Sormunen, J.2    Parks, D.3
  • 40
    • 0001656840 scopus 로고    scopus 로고
    • Direct foreign ownership, institutional investors, and firm characteristics
    • Dahlquist M, Robertsson G (2001) Direct foreign ownership, institutional investors, and firm characteristics. J. Financial Econom. 59(3):413-440.
    • (2001) J. Financial Econom. , vol.59 , Issue.3 , pp. 413-440
    • Dahlquist, M.1    Robertsson, G.2
  • 41
    • 34548359292 scopus 로고    scopus 로고
    • Mergers and acquisitions in the pharmaceutical and biotech industries
    • Danzon PM, Epstein A, Nicholson S (2007) Mergers and acquisitions in the pharmaceutical and biotech industries. Managerial Decision Econom. 28(4-5):307-328.
    • (2007) Managerial Decision Econom. , vol.28 , Issue.4-5 , pp. 307-328
    • Danzon, P.M.1    Epstein, A.2    Nicholson, S.3
  • 42
    • 0035437928 scopus 로고    scopus 로고
    • Uncertainty, imitation and location: Japanese multinational corporations 1990-1996
    • Delios A, Henisz W (2003) Uncertainty, imitation and location: Japanese multinational corporations 1990-1996. Admin. Sci. Quart. 46(3):443-475.
    • (2003) Admin. Sci. Quart. , vol.46 , Issue.3 , pp. 443-475
    • Delios, A.1    Henisz, W.2
  • 43
    • 0242687098 scopus 로고    scopus 로고
    • Communication processes for virtual organizations
    • DeSanctis G, Monge P (1999) Communication processes for virtual organizations. Organ. Sci. 10(6):693-703.
    • (1999) Organ. Sci. , vol.10 , Issue.6 , pp. 693-703
    • DeSanctis, G.1    Monge, P.2
  • 44
    • 0021037756 scopus 로고
    • Spatial choice and constraints on behavior
    • Desbarats J (1983) Spatial choice and constraints on behavior. Ann. Assoc. Amer. Geographers 73(3):340-357.
    • (1983) Ann. Assoc. Amer. Geographers , vol.73 , Issue.3 , pp. 340-357
    • Desbarats, J.1
  • 45
    • 0001385505 scopus 로고
    • Some aspects of decision making behavior of business organizations
    • Dicken P (1971) Some aspects of decision making behavior of business organizations. Econom. Geography 47(3):426-437.
    • (1971) Econom. Geography , vol.47 , Issue.3 , pp. 426-437
    • Dicken, P.1
  • 46
    • 0000857363 scopus 로고
    • Asset stock accumulation and sustainability of competitive advantage
    • Dierickx I, Cool K (1989) Asset stock accumulation and sustainability of competitive advantage. Management Sci. 35(12):1504-1510.
    • (1989) Management Sci. , vol.35 , Issue.12 , pp. 1504-1510
    • Dierickx, I.1    Cool, K.2
  • 47
    • 0012651592 scopus 로고
    • Technological paradigms and technological trajectories: A suggested interpretation of the determinants and directions of technological change
    • Dosi G (1982) Technological paradigms and technological trajectories: A suggested interpretation of the determinants and directions of technological change. Res. Policy 11(3):147-162.
    • (1982) Res. Policy , vol.11 , Issue.3 , pp. 147-162
    • Dosi, G.1
  • 48
    • 0001668757 scopus 로고
    • Competition by choice: The impact of consumer search on firm location decisions
    • Dudley M (1990) Competition by choice: The impact of consumer search on firm location decisions. Amer. Econom. Rev. 80(5):1092-1104.
    • (1990) Amer. Econom. Rev. , vol.80 , Issue.5 , pp. 1092-1104
    • Dudley, M.1
  • 49
    • 0025635136 scopus 로고
    • Choice of residential environment in the Randstad
    • Duerloo MC, Clark WAV, Dieleman FM (1990) Choice of residential environment in the Randstad. Urban Stud. 27(3):335-351.
    • (1990) Urban Stud. , vol.27 , Issue.3 , pp. 335-351
    • Duerloo, M.C.1    Clark, W.A.V.2    Dieleman, F.M.3
  • 50
    • 0000253363 scopus 로고
    • Conjectures on cognitive simplification in acquisition and divestment decision making
    • Duhaime IM, Schwenk CR (1985) Conjectures on cognitive simplification in acquisition and divestment decision making. Acad. Management Rev. 10(2):287-295.
    • (1985) Acad. Management Rev. , vol.10 , Issue.2 , pp. 287-295
    • Duhaime, I.M.1    Schwenk, C.R.2
  • 51
    • 0018701638 scopus 로고
    • Comparison shopping and the clustering of homogeneous firms
    • Eaton BC, Lipsey R (1979) Comparison shopping and the clustering of homogeneous firms. J. Regional Sci. 19(4):421-435.
    • (1979) J. Regional Sci. , vol.19 , Issue.4 , pp. 421-435
    • Eaton, B.C.1    Lipsey, R.2
  • 52
    • 21344436779 scopus 로고    scopus 로고
    • A note on "State characteristics and the location of foreign direct investment within the United States." Rev
    • Friedman J, Fung H-G, Gerlowski DA, Silberman J (1996) A note on "State characteristics and the location of foreign direct investment within the United States." Rev. Econom. Statist. 78(2):367-368.
    • (1996) Econom. Statist. , vol.78 , Issue.2 , pp. 367-368
    • Friedman, J.1    Fung, H.-G.2    Gerlowski, D.A.3    Silberman, J.4
  • 53
    • 84918686843 scopus 로고
    • On probabilistic models of consumer search for information
    • Gaswirth JL (1976) On probabilistic models of consumer search for information. Quart. J. Econom. 90(1):38-50.
    • (1976) Quart. J. Econom. , vol.90 , Issue.1 , pp. 38-50
    • Gaswirth, J.L.1
  • 54
    • 0002182088 scopus 로고    scopus 로고
    • The nature of geographic knowledge
    • Golledge RG (2002) The nature of geographic knowledge. Ann. Assoc. Amer. Geographers 92(1):1-14.
    • (2002) Ann. Assoc. Amer. Geographers , vol.92 , Issue.1 , pp. 1-14
    • Golledge, R.G.1
  • 55
    • 0031459092 scopus 로고    scopus 로고
    • Spatial Behavior: A Geographic Perspective
    • Guilford Press, New York
    • Golledge RG, Stimson RJ (1997) Spatial Behavior: A Geographic Perspective (Guilford Press, New York).
    • (1997)
    • Golledge, R.G.1    Stimson, R.J.2
  • 56
    • 0028072901 scopus 로고
    • Spatial diffusion of Wal-Mart: Contagious and reverse hierarchical elements
    • GraffTO, Ashton D (1994) Spatial diffusion of Wal-Mart: Contagious and reverse hierarchical elements. Professional Geographer 46(1):19-29.
    • (1994) Professional Geographer , vol.46 , Issue.1 , pp. 19-29
    • Graff, T.O.1    Ashton, D.2
  • 57
    • 84968099966 scopus 로고
    • A resource based theory of competitive advantage: Implications for strategy formulation
    • Grant R (1991) A resource based theory of competitive advantage: Implications for strategy formulation. Calif. Management Rev. 33(3):114-135.
    • (1991) Calif. Management Rev. , vol.33 , Issue.3 , pp. 114-135
    • Grant, R.1
  • 58
    • 0023503731 scopus 로고
    • Merger behavior for the United States: Some spatial aspects
    • Green MB (1987) Merger behavior for the United States: Some spatial aspects. GeoJournal 15(1):97-106.
    • (1987) GeoJournal , vol.15 , Issue.1 , pp. 97-106
    • Green, M.B.1
  • 59
    • 6244225904 scopus 로고
    • Merger and acquisition fields for large United States cities 1955-1970
    • Green MB, Cromley RG. (1984) Merger and acquisition fields for large United States cities 1955-1970. Regional Stud. 18(4):291-301.
    • (1984) Regional Stud. , vol.18 , Issue.4 , pp. 291-301
    • Green, M.B.1    Cromley, R.G.2
  • 60
    • 0034340956 scopus 로고    scopus 로고
    • Organizational location decisions: Competition, learning, and strategy in Tokyo banking, 1894-1936
    • Greve HR (2000) Organizational location decisions: Competition, learning, and strategy in Tokyo banking, 1894-1936. Acad. Management J. 43(5):816-836.
    • (2000) Acad. Management J. , vol.43 , Issue.5 , pp. 816-836
    • Greve, H.R.1
  • 61
    • 0039699515 scopus 로고    scopus 로고
    • How distance, language, and culture influence stockholdings and trades
    • Grinblatt M, Keloharju M (2001) How distance, language, and culture influence stockholdings and trades. J. Finance 56(3):1053-1073.
    • (2001) J. Finance , vol.56 , Issue.3 , pp. 1053-1073
    • Grinblatt, M.1    Keloharju, M.2
  • 62
    • 84936194550 scopus 로고
    • The costs and benefits of ownership: A theory of vertical and lateral integration
    • Grossman SJ, Hart OE (1986) The costs and benefits of ownership: A theory of vertical and lateral integration. J. Political Econom. 94(4):691-716.
    • (1986) J. Political Econom. , vol.94 , Issue.4 , pp. 691-716
    • Grossman, S.J.1    Hart, O.E.2
  • 63
    • 0033247481 scopus 로고    scopus 로고
    • The influence of organizational acquisition experience on acquisition performance: A behavioral perspective
    • Haleblian J, Finkelstein S (1999) The influence of organizational acquisition experience on acquisition performance: A behavioral perspective. Admin. Sci. Quart. 44(1):29-56.
    • (1999) Admin. Sci. Quart. , vol.44 , Issue.1 , pp. 29-56
    • Haleblian, J.1    Finkelstein, S.2
  • 64
    • 84989068923 scopus 로고
    • Environmental scanning and organizational strategy
    • Hambrick DC (1982) Environmental scanning and organizational strategy. Strategic Management J. 3(2):159-174.
    • (1982) Strategic Management J. , vol.3 , Issue.2 , pp. 159-174
    • Hambrick, D.C.1
  • 65
    • 0002005226 scopus 로고
    • Acquisition targets and motives: The case of the banking industry
    • Hannan TH, Rhoades SA (1987) Acquisition targets and motives: The case of the banking industry. Rev. Econom. Statist. 69(1):67-74.
    • (1987) Rev. Econom. Statist. , vol.69 , Issue.1 , pp. 67-74
    • Hannan, T.H.1    Rhoades, S.A.2
  • 66
    • 84986104246 scopus 로고    scopus 로고
    • The language barrier and its implications for HQ-subsidiary relationships
    • Harzing A-W, Feely AJ (2008) The language barrier and its implications for HQ-subsidiary relationships. Cross Cultural Management: Internat. J. 15(1):49-61.
    • (2008) Cross Cultural Management: Internat. J. , vol.15 , Issue.1 , pp. 49-61
    • Harzing, A.-W.1    Feely, A.J.2
  • 67
    • 0003825009 scopus 로고
    • Managing Acquisitions: Creating Value Through Corporate Renewal
    • Free Press, New York
    • Haspeslagh PC, Jemison DB (1991) Managing Acquisitions: Creating Value Through Corporate Renewal (Free Press, New York).
    • (1991)
    • Haspeslagh, P.C.1    Jemison, D.B.2
  • 68
    • 6944252593 scopus 로고    scopus 로고
    • Managing integration and coordination in cross-functional teams: An international study of concurrent engineering product development
    • Hauptman O, Hirji KK (1999) Managing integration and coordination in cross-functional teams: An international study of concurrent engineering product development. R&D Management 29(2):179-191.
    • (1999) R&D Management , vol.29 , Issue.2 , pp. 179-191
    • Hauptman, O.1    Hirji, K.K.2
  • 69
    • 0038880247 scopus 로고
    • Preferences and beliefs: Ambiguity and competence in choice under uncertainty
    • Heath C, Tversky A (1991) Preferences and beliefs: Ambiguity and competence in choice under uncertainty. J. Risk Uncertainty 4(1):5-28.
    • (1991) J. Risk Uncertainty , vol.4 , Issue.1 , pp. 5-28
    • Heath, C.1    Tversky, A.2
  • 70
    • 0000125534 scopus 로고
    • Sample selection bias as a specification error
    • Heckman JJ (1979) Sample selection bias as a specification error. Econometrica 47(1):153-162.
    • (1979) Econometrica , vol.47 , Issue.1 , pp. 153-162
    • Heckman, J.J.1
  • 72
    • 33947509685 scopus 로고    scopus 로고
    • The use of logit and probit models in strategic management research: Critical issues
    • Hoetker G (2007) The use of logit and probit models in strategic management research: Critical issues. Strategic Management J. 28(4):331-343.
    • (2007) Strategic Management J. , vol.28 , Issue.4 , pp. 331-343
    • Hoetker, G.1
  • 73
    • 0003755854 scopus 로고
    • Culture's Consequences: International Differences in Work-Related Values
    • Sage, Beverly Hills, CA
    • Hofstede GH (1980) Culture's Consequences: International Differences in Work-Related Values (Sage, Beverly Hills, CA).
    • (1980)
    • Hofstede, G.H.1
  • 74
    • 0002098807 scopus 로고
    • Plan to integrate your acquisitions
    • November/December
    • Howell RA (1970) Plan to integrate your acquisitions. Harvard Bus. Rev. 48(November/December):66-76.
    • (1970) Harvard Bus. Rev. , vol.48 , pp. 66-76
    • Howell, R.A.1
  • 75
    • 0000039560 scopus 로고
    • Estimation of response probabilities from augmented retrospective observations
    • Hsieh DA, Manski CF, McFadden D (1985) Estimation of response probabilities from augmented retrospective observations. J. Amer. Statist. Assoc. 80(391):651-662.
    • (1985) J. Amer. Statist. Assoc. , vol.80 , Issue.391 , pp. 651-662
    • Hsieh, D.A.1    Manski, C.F.2    McFadden, D.3
  • 76
    • 0035595262 scopus 로고    scopus 로고
    • Familiarity breeds investment
    • Huberman G (2001) Familiarity breeds investment. Rev. Financial Stud. 14(3):659-680.
    • (2001) Rev. Financial Stud. , vol.14 , Issue.3 , pp. 659-680
    • Huberman, G.1
  • 77
    • 0004881058 scopus 로고
    • Distance decay models of residential search
    • Gaile G, Wilmott C, eds. Spatial Statistics and Models (Reidel, New York)
    • HuffJO (1984) Distance decay models of residential search. Gaile G, Wilmott C, eds. Spatial Statistics and Models (Reidel, New York), 345-366.
    • (1984) , pp. 345-366
    • Huff, J.O.1
  • 78
    • 0022880214 scopus 로고
    • Geographic regularities in residential search behavior
    • HuffJO (1986) Geographic regularities in residential search behavior. Ann. Assoc. Amer. Geographers 76(2):208-227.
    • (1986) Ann. Assoc. Amer. Geographers , vol.76 , Issue.2 , pp. 208-227
    • Huff, J.O.1
  • 79
    • 0018673239 scopus 로고
    • Immigrants in an unfamiliar environment: Location decision making under constrained circumstances
    • Humphreys JS, Whitelaw JS (1979) Immigrants in an unfamiliar environment: Location decision making under constrained circumstances. Geografiska Annaler B 61(1):8-18.
    • (1979) Geografiska Annaler B , vol.61 , Issue.1 , pp. 8-18
    • Humphreys, J.S.1    Whitelaw, J.S.2
  • 80
    • 0003650214 scopus 로고
    • The International Operations of National Firms: A Study of Direct Investment
    • MIT Press, Cambridge, MA
    • Hymer S (1976) The International Operations of National Firms: A Study of Direct Investment (MIT Press, Cambridge, MA).
    • (1976)
    • Hymer, S.1
  • 81
    • 0031100386 scopus 로고    scopus 로고
    • Chain affiliation and the failure of Manhattan hotels, 1898-1980
    • Ingram P, Baum JAC (1997) Chain affiliation and the failure of Manhattan hotels, 1898-1980. Admin. Sci. Quart. 42(1):68-102.
    • (1997) Admin. Sci. Quart. , vol.42 , Issue.1 , pp. 68-102
    • Ingram, P.1    Baum, J.A.C.2
  • 82
    • 0003897517 scopus 로고
    • Mobilizing Invisible Assets
    • Harvard University Press, Cambridge, MA
    • Itami H, Roehl T (1987) Mobilizing Invisible Assets (Harvard University Press, Cambridge, MA).
    • (1987)
    • Itami, H.1    Roehl, T.2
  • 83
    • 84960609570 scopus 로고
    • Geographic localization of knowledge spillovers as evidenced by patent citations
    • Jaffe AB, Trajtenberg M, Henderson R (1993) Geographic localization of knowledge spillovers as evidenced by patent citations. Quart. J. Econom. 63(3):577-598.
    • (1993) Quart. J. Econom. , vol.63 , Issue.3 , pp. 577-598
    • Jaffe, A.B.1    Trajtenberg, M.2    Henderson, R.3
  • 84
    • 0000209759 scopus 로고
    • Corporate takeover and the politics of community: The case of Norton Company in Worcester
    • Jonas AEG (1992) Corporate takeover and the politics of community: The case of Norton Company in Worcester. Econom. Geography 68(4):348-372.
    • (1992) Econom. Geography , vol.68 , Issue.4 , pp. 348-372
    • Jonas, A.E.G.1
  • 85
    • 33644593120 scopus 로고    scopus 로고
    • Turnover events, vicarious information, and the reduced likelihood of outletlevel exit among small multiunit organizations
    • Kalnins A, Swaminathan A, Mitchell W (2006) Turnover events, vicarious information, and the reduced likelihood of outletlevel exit among small multiunit organizations. Organ. Sci. 17(1):118-131.
    • (2006) Organ. Sci. , vol.17 , Issue.1 , pp. 118-131
    • Kalnins, A.1    Swaminathan, A.2    Mitchell, W.3
  • 86
    • 0031256734 scopus 로고    scopus 로고
    • Why is there a home bias? An analysis of foreign portfolio equity ownership in Japan
    • Kang JK, Stulz R (1997) Why is there a home bias? An analysis of foreign portfolio equity ownership in Japan. J. Financial Econom. 46(1):3-28.
    • (1997) J. Financial Econom. , vol.46 , Issue.1 , pp. 3-28
    • Kang, J.K.1    Stulz, R.2
  • 87
    • 0000127648 scopus 로고    scopus 로고
    • Path-dependent and path-breaking change: Reconfiguring business resources following acquisitions in the U.S. medical sector, 1978-1995
    • Karim S, Mitchell W (2000) Path-dependent and path-breaking change: Reconfiguring business resources following acquisitions in the U.S. medical sector, 1978-1995. Strategic Management J. 21(10-11):1061-1081.
    • (2000) Strategic Management J. , vol.21 , Issue.10-11 , pp. 1061-1081
    • Karim, S.1    Mitchell, W.2
  • 88
    • 0041324511 scopus 로고
    • Finding the best acquisition candidates
    • KierulffHE (1981) Finding the best acquisition candidates. Harvard Bus. Rev. 59(1):66-68.
    • (1981) Harvard Bus. Rev. , vol.59 , Issue.1 , pp. 66-68
    • Kierulff, H.E.1
  • 89
    • 0013254569 scopus 로고    scopus 로고
    • What do we know about proximity in work groups? A legacy of research on physical distance
    • Hinds PJ, Kiesler S, eds. Distributed Work (MIT Press, Cambridge, MA)
    • Kiesler S, Cummings JN (2002) What do we know about proximity in work groups? A legacy of research on physical distance. Hinds PJ, Kiesler S, eds. Distributed Work (MIT Press, Cambridge, MA), 57-80.
    • (2002) , pp. 57-80
    • Kiesler, S.1    Cummings, J.N.2
  • 90
    • 4544259831 scopus 로고    scopus 로고
    • Logistic regression in rare events data
    • King G, Zeng L (2001) Logistic regression in rare events data. Political Anal. 9(2):137-163.
    • (2001) Political Anal. , vol.9 , Issue.2 , pp. 137-163
    • King, G.1    Zeng, L.2
  • 91
    • 0034409890 scopus 로고    scopus 로고
    • Making the most of statistical analyses: Improving interpretation and presentation
    • King G, Tomz M, Wittenberg J (2000) Making the most of statistical analyses: Improving interpretation and presentation. Amer. J. Political Sci. 44(2):347-361.
    • (2000) Amer. J. Political Sci. , vol.44 , Issue.2 , pp. 347-361
    • King, G.1    Tomz, M.2    Wittenberg, J.3
  • 93
    • 84986761880 scopus 로고
    • The effect of national culture on the choice of entry mode
    • Kogut B, Singh H (1988) The effect of national culture on the choice of entry mode. J. Internat. Bus. Stud. 23:411-432.
    • (1988) J. Internat. Bus. Stud. , vol.23 , pp. 411-432
    • Kogut, B.1    Singh, H.2
  • 95
    • 0026340197 scopus 로고
    • Increasing returns and economic geography
    • Krugman P (1991) Increasing returns and economic geography. J. Political Econom. 99(3):483-499.
    • (1991) J. Political Econom. , vol.99 , Issue.3 , pp. 483-499
    • Krugman, P.1
  • 96
    • 84888404314 scopus 로고
    • Infrastructure and economic transformation
    • Andersson AE, Batten DF, Johansson B, Nijkamp P, eds. Advances in Spatial Theory and Dynamics, Chapter 16 (North-Holland, Amsterdam)
    • Lakshmanan TR (1989) Infrastructure and economic transformation. Andersson AE, Batten DF, Johansson B, Nijkamp P, eds. Advances in Spatial Theory and Dynamics, Chapter 16 (North-Holland, Amsterdam).
    • (1989)
    • Lakshmanan, T.R.1
  • 97
    • 60449117741 scopus 로고    scopus 로고
    • Trade-offs in staying close: Corporate decision making and geographic dispersion
    • Landier A, Nair VB, Wulf J (2007) Trade-offs in staying close: Corporate decision making and geographic dispersion. Rev. Financial Stud. 22(3):1119-1148.
    • (2007) Rev. Financial Stud. , vol.22 , Issue.3 , pp. 1119-1148
    • Landier, A.1    Nair, V.B.2    Wulf, J.3
  • 98
    • 84915648519 scopus 로고
    • Acquisitions in British industries
    • Hamilton FEI, ed. Contemporary Industrialization (Longman, London)
    • Leigh R, North DJ (1978) Acquisitions in British industries. Hamilton FEI, ed. Contemporary Industrialization (Longman, London), 158-181.
    • (1978) , pp. 158-181
    • Leigh, R.1    North, D.J.2
  • 99
    • 0038240679 scopus 로고    scopus 로고
    • Meeting the challenge: U.S. industry faces the 21st century-The chemical industry
    • Technical report, Office of Technology Policy, U.S. Department of Commerce, Washington, DC
    • Lenz AJ, Lafrance J (1996) Meeting the challenge: U.S. industry faces the 21st century-The chemical industry. Technical report, Office of Technology Policy, U.S. Department of Commerce, Washington, DC.
    • (1996)
    • Lenz, A.J.1    Lafrance, J.2
  • 101
    • 33747432307 scopus 로고
    • Information acquisition: Patterns and strategies
    • Clark WAV, ed. Modelling Housing Market Search (Croom Helm, London)
    • MacLennon D, Wood G (1982) Information acquisition: Patterns and strategies. Clark WAV, ed. Modelling Housing Market Search (Croom Helm, London), 134-159.
    • (1982) , pp. 134-159
    • MacLennon, D.1    Wood, G.2
  • 102
    • 84977365967 scopus 로고
    • The spatial search problem: Structure and complexity
    • Maier G (1993) The spatial search problem: Structure and complexity. Geographical Anal. 25(3):242-251.
    • (1993) Geographical Anal. , vol.25 , Issue.3 , pp. 242-251
    • Maier, G.1
  • 103
    • 0000847211 scopus 로고
    • The estimation of choice probabilities from choice based samples
    • Manski CF, Lerman S (1977) The estimation of choice probabilities from choice based samples. Econometrica 45(8):1977-1988.
    • (1977) Econometrica , vol.45 , Issue.8 , pp. 1977-1988
    • Manski, C.F.1    Lerman, S.2
  • 104
    • 0002096131 scopus 로고
    • Alternative estimators and sample designs for discrete choice analysis
    • Manski CF, McFadden D, eds. Structural Analysis of Discrete Data with Econometric Applications, Chapter 1 (MIT Press, Cambridge, MA)
    • Manski CF, McFadden D (1981) Alternative estimators and sample designs for discrete choice analysis. Manski CF, McFadden D, eds. Structural Analysis of Discrete Data with Econometric Applications, Chapter 1 (MIT Press, Cambridge, MA).
    • (1981)
    • Manski, C.F.1    McFadden, D.2
  • 105
    • 0001812752 scopus 로고
    • Exploration and exploitation in organizational learning
    • March JG (1991) Exploration and exploitation in organizational learning. Organ. Sci. 2(1):71-87.
    • (1991) Organ. Sci. , vol.2 , Issue.1 , pp. 71-87
    • March, J.G.1
  • 106
    • 84967417109 scopus 로고
    • Organizations
    • John Wiley & Sons, New York
    • March JG, Simon HA (1958) Organizations (John Wiley & Sons, New York).
    • (1958)
    • March, J.G.1    Simon, H.A.2
  • 107
    • 0035194599 scopus 로고    scopus 로고
    • The firm in economic geography
    • Maskell P (2001) The firm in economic geography. Econom. Geography 77(4):329-344.
    • (2001) Econom. Geography , vol.77 , Issue.4 , pp. 329-344
    • Maskell, P.1
  • 108
    • 0002297105 scopus 로고
    • Conditional logit analysis of qualitative choice behavior
    • Zarembka P, ed. Frontiers in Econometrics, Chapter 4 (Academic Press, New York)
    • McFadden D (1974) Conditional logit analysis of qualitative choice behavior. Zarembka P, ed. Frontiers in Econometrics, Chapter 4 (Academic Press, New York).
    • (1974)
    • McFadden, D.1
  • 109
    • 0018920645 scopus 로고
    • A descriptive model of constrained residential search
    • Meyer R (1980) A descriptive model of constrained residential search. Geographical Anal. 12(1):21-32.
    • (1980) Geographical Anal. , vol.12 , Issue.1 , pp. 21-32
    • Meyer, R.1
  • 110
    • 0003588591 scopus 로고
    • Environmental Choice, Human Behavior, and Residential Satisfaction
    • Oxford University Press, New York
    • Michelson W (1979) Environmental Choice, Human Behavior, and Residential Satisfaction (Oxford University Press, New York).
    • (1979)
    • Michelson, W.1
  • 111
    • 0001894043 scopus 로고
    • Modeling strategies for the spatial search problem
    • Miller HJ (1993) Modeling strategies for the spatial search problem. Papers Regional Sci. 72(1):63-85.
    • (1993) Papers Regional Sci. , vol.72 , Issue.1 , pp. 63-85
    • Miller, H.J.1
  • 112
    • 0008324409 scopus 로고
    • Probability based models of spatial search
    • Miller HJ (1994) Probability based models of spatial search. Environment Planning A 26(3):383-405.
    • (1994) Environment Planning A , vol.26 , Issue.3 , pp. 383-405
    • Miller, H.J.1
  • 113
    • 0008325574 scopus 로고
    • Spatial search and spatial competition: A probability analysis of basic results from the spatiallyrestricted theory
    • Miller HJ, Finco MV (1995) Spatial search and spatial competition: A probability analysis of basic results from the spatiallyrestricted theory. Ann. Regional Sci. 29(1):67-89.
    • (1995) Ann. Regional Sci. , vol.29 , Issue.1 , pp. 67-89
    • Miller, H.J.1    Finco, M.V.2
  • 114
    • 84937303623 scopus 로고
    • The dynamics of evolving markets: The effects of business sales and age dissolutions and divestiture
    • Mitchell W (1994) The dynamics of evolving markets: The effects of business sales and age dissolutions and divestiture. Admin. Sci. Quart. 39(4):575-602.
    • (1994) Admin. Sci. Quart. , vol.39 , Issue.4 , pp. 575-602
    • Mitchell, W.1
  • 115
    • 84993791758 scopus 로고    scopus 로고
    • Who buys what? How integration capability affects acquisition incidence and target choice
    • Mitchell W, Shaver JM (2004) Who buys what? How integration capability affects acquisition incidence and target choice. Strategic Organ. 1(2):171-201.
    • (2004) Strategic Organ. , vol.1 , Issue.2 , pp. 171-201
    • Mitchell, W.1    Shaver, J.M.2
  • 116
    • 0000388296 scopus 로고
    • Diversification, Ricardian rents, and Tobin's q
    • Montgomery CA, Wernerfelt B (1988) Diversification, Ricardian rents, and Tobin's q. RAND J. Econom. 19(4):623-632.
    • (1988) RAND J. Econom. , vol.19 , Issue.4 , pp. 623-632
    • Montgomery, C.A.1    Wernerfelt, B.2
  • 117
    • 0032361687 scopus 로고    scopus 로고
    • National cultural distance and cross border acquisition performance
    • Morosini P, Shane S, Singh H (1998) National cultural distance and cross border acquisition performance. J. Internat. Bus. Stud. 29(1):137-158.
    • (1998) J. Internat. Bus. Stud. , vol.29 , Issue.1 , pp. 137-158
    • Morosini, P.1    Shane, S.2    Singh, H.3
  • 118
    • 84981414196 scopus 로고
    • A contextual analysis of the journey-to-shop with price uncertainty
    • Narula SC, Lentek B, Harwitz M (1987) A contextual analysis of the journey-to-shop with price uncertainty. J. Regional Sci. 27(3):403-418.
    • (1987) J. Regional Sci. , vol.27 , Issue.3 , pp. 403-418
    • Narula, S.C.1    Lentek, B.2    Harwitz, M.3
  • 119
    • 0003831870 scopus 로고
    • An Evolutionary Theory of Economic Change
    • Harvard University Press, Cambridge, MA
    • Nelson RR, Winter SG (1982) An Evolutionary Theory of Economic Change (Harvard University Press, Cambridge, MA).
    • (1982)
    • Nelson, R.R.1    Winter, S.G.2
  • 120
    • 84888403937 scopus 로고    scopus 로고
    • Industry Surveys: Chemicals
    • Standard & Poor's, New York
    • O'Reilly R (2005) Industry Surveys: Chemicals (Standard & Poor's, New York).
    • (2005)
    • O'Reilly, R.1
  • 121
    • 1542598407 scopus 로고
    • Determinants of acquisition integration level-A decision-making perspective
    • Pablo AL (1994) Determinants of acquisition integration level-A decision-making perspective. Acad. Management J. 37(4): 803-836.
    • (1994) , vol.37 , Issue.4 , pp. 803-836
    • Pablo, A.L.1
  • 122
    • 0001271596 scopus 로고
    • Real estate agents and geographic information
    • Palm R (1976a) Real estate agents and geographic information. Geographical Rev. 66(3):266-280.
    • (1976) Geographical Rev. , vol.66 , Issue.3 , pp. 266-280
    • Palm, R.1
  • 123
    • 3543014159 scopus 로고
    • The role of real estate agents as information mediators in two American cities
    • Palm R (1976b) The role of real estate agents as information mediators in two American cities. Geografiska Annaler B 58(1):28-41.
    • (1976) Geografiska Annaler B , vol.58 , Issue.1 , pp. 28-41
    • Palm, R.1
  • 124
    • 0004092009 scopus 로고
    • The Theory of the Growth of the Firm
    • John Wiley & Sons, New York
    • Penrose E (1959) The Theory of the Growth of the Firm (John Wiley & Sons, New York).
    • (1959)
    • Penrose, E.1
  • 125
    • 0035681869 scopus 로고    scopus 로고
    • An introduction to spatial discounting
    • Perrings C, Hannon B (2001) An introduction to spatial discounting. J. Regional Sci. 41(1):23-38.
    • (2001) J. Regional Sci. , vol.41 , Issue.1 , pp. 23-38
    • Perrings, C.1    Hannon, B.2
  • 126
    • 84989113324 scopus 로고
    • The cornerstone of competitive advantage: A resource-based view
    • Peteraf MA (1993) The cornerstone of competitive advantage: A resource-based view. Strategic Management J. 14(3):179-192.
    • (1993) Strategic Management J. , vol.14 , Issue.3 , pp. 179-192
    • Peteraf, M.A.1
  • 127
    • 0001187836 scopus 로고    scopus 로고
    • Getting to know you: A theory of strategic group identity
    • Peteraf M, Shanley M (1997) Getting to know you: A theory of strategic group identity. Strategic Management J. 18(S1):165-186.
    • (1997) Strategic Management J. , vol.18 , Issue.S1 , pp. 165-186
    • Peteraf, M.1    Shanley, M.2
  • 128
    • 0004084288 scopus 로고    scopus 로고
    • The Circle of Innovation: You Can't Shrink Your Way to Greatness
    • Alfred A. Knopf, New York
    • Peters T (1997) The Circle of Innovation: You Can't Shrink Your Way to Greatness (Alfred A. Knopf, New York).
    • (1997)
    • Peters, T.1
  • 129
    • 3843131234 scopus 로고    scopus 로고
    • Information: Hard and soft
    • Working paper, Northwestern University, Evanston, IL
    • Petersen M (2004) Information: Hard and soft. Working paper, Northwestern University, Evanston, IL.
    • (2004)
    • Petersen, M.1
  • 130
    • 0003807928 scopus 로고
    • The Economics of Imperfect Information
    • Cambridge University Press, Cambridge, UK
    • Philips L (1988) The Economics of Imperfect Information (Cambridge University Press, Cambridge, UK).
    • (1988)
    • Philips, L.1
  • 131
    • 0004250628 scopus 로고
    • After the Merger: Managing the Shock Waves
    • Dow Jones-Irwin, Homewood, IL
    • Pritchett P (1985) After the Merger: Managing the Shock Waves (Dow Jones-Irwin, Homewood, IL).
    • (1985)
    • Pritchett, P.1
  • 132
    • 0002403728 scopus 로고
    • The value of information for selected appliances
    • Ratchford BT (1980) The value of information for selected appliances. J. Marketing Res. 17(1):14-25.
    • (1980) J. Marketing Res. , vol.17 , Issue.1 , pp. 14-25
    • Ratchford, B.T.1
  • 133
    • 0000648926 scopus 로고
    • Cost-benefit models for explaining consumer choice and information seeking behavior
    • Ratchford BT (1982) Cost-benefit models for explaining consumer choice and information seeking behavior. Management Sci. 28(2):197-212.
    • (1982) Management Sci. , vol.28 , Issue.2 , pp. 197-212
    • Ratchford, B.T.1
  • 134
    • 41349111472 scopus 로고    scopus 로고
    • Adverse selection and M&A design: The roles of alliances and IPOs
    • Reuer J, Ragozzino R (2008) Adverse selection and M&A design: The roles of alliances and IPOs. J. Econom. Behav. Organ. 66(2):195-212.
    • (2008) J. Econom. Behav. Organ. , vol.66 , Issue.2 , pp. 195-212
    • Reuer, J.1    Ragozzino, R.2
  • 135
    • 0141817397 scopus 로고    scopus 로고
    • Rising metropoli: The geography of mergers and acquisitions in Germany
    • Rodriguez-Pose A, Zademach H-M (2003) Rising metropoli: The geography of mergers and acquisitions in Germany. Urban Stud. 40(10):1895-1923.
    • (2003) Urban Stud. , vol.40 , Issue.10 , pp. 1895-1923
    • Rodriguez-Pose, A.1    Zademach, H.-M.2
  • 136
    • 0025656070 scopus 로고
    • Spatial search for the lowest price
    • Rogerson P (1990) Spatial search for the lowest price. Geographical Anal. 22(4):336-347.
    • (1990) Geographical Anal. , vol.22 , Issue.4 , pp. 336-347
    • Rogerson, P.1
  • 137
    • 84888421909 scopus 로고
    • A Geographical Model of Job Search, Migration, and Unemployment
    • State University of New York, Buffalo
    • Rogerson P, MacKinnon RD (1981) A Geographical Model of Job Search, Migration, and Unemployment (State University of New York, Buffalo).
    • (1981)
    • Rogerson, P.1    MacKinnon, R.D.2
  • 138
    • 84888407080 scopus 로고    scopus 로고
    • Diversification in interstate banking: The search for related performance profiles between acquiring and acquired banking firms expanding across state lines
    • Rose PS (1999) Diversification in interstate banking: The search for related performance profiles between acquiring and acquired banking firms expanding across state lines. Managerial Finance 25(7):66-85.
    • (1999) Managerial Finance , vol.25 , Issue.7 , pp. 66-85
    • Rose, P.S.1
  • 139
    • 0003503396 scopus 로고
    • Why Families Move: A Study in the Social Psychology of Urban Residential Mobility
    • Free Press, Glencoe, IL
    • Rossi PH (1995) Why Families Move: A Study in the Social Psychology of Urban Residential Mobility (Free Press, Glencoe, IL).
    • (1995)
    • Rossi, P.H.1
  • 140
    • 0003533705 scopus 로고
    • Inside the Multinational: The Economics of Internal Markets
    • Columbia University Press, New York
    • Rugman A (1981) Inside the Multinational: The Economics of Internal Markets (Columbia University Press, New York).
    • (1981)
    • Rugman, A.1
  • 141
    • 0002456707 scopus 로고
    • Theory, strategy, and entrepreneurship
    • Teece D, ed. The Competitive Challenge: Strategies for Industrial Innovation and Renewal (Ballinger, Cambridge, MA)
    • Rumelt R (1987) Theory, strategy, and entrepreneurship. Teece D, ed. The Competitive Challenge: Strategies for Industrial Innovation and Renewal (Ballinger, Cambridge, MA), 137-158.
    • (1987) , pp. 137-158
    • Rumelt, R.1
  • 142
    • 0010625260 scopus 로고
    • Choosing compatible acquisitions
    • Salter MS, Weinhold WA (1981) Choosing compatible acquisitions. Harvard Bus. Rev. 59(1):117-127.
    • (1981) Harvard Bus. Rev. , vol.59 , Issue.1 , pp. 117-127
    • Salter, M.S.1    Weinhold, W.A.2
  • 143
    • 23844540645 scopus 로고    scopus 로고
    • Adverse selection in acquisitions of small manufacturing firms: A comparison of public with private targets
    • Shen JC, Reuer J (2005) Adverse selection in acquisitions of small manufacturing firms: A comparison of public with private targets. Small Bus. Econom. 24(4):393-407.
    • (2005) Small Bus. Econom. , vol.24 , Issue.4 , pp. 393-407
    • Shen, J.C.1    Reuer, J.2
  • 144
    • 0002164924 scopus 로고
    • Postmerger integration
    • Shrivastava P (1986) Postmerger integration. J. Bus. Strategy 7(1):65-76.
    • (1986) J. Bus. Strategy , vol.7 , Issue.1 , pp. 65-76
    • Shrivastava, P.1
  • 145
    • 0004184073 scopus 로고
    • Models of Man
    • John Wiley & Sons, New York
    • Simon H (1957) Models of Man (John Wiley & Sons, New York).
    • (1957)
    • Simon, H.1
  • 146
    • 0003960921 scopus 로고
    • The Sciences of the Artificial
    • MIT Press, Cambridge, MA
    • Simon H (1969) The Sciences of the Artificial (MIT Press, Cambridge, MA).
    • (1969)
    • Simon, H.1
  • 147
    • 0032427348 scopus 로고    scopus 로고
    • Cross border mergers and EC competition policy
    • Sleuwaegen L (1998) Cross border mergers and EC competition policy. World Econom. 21(8):1077-1096.
    • (1998) World Econom. , vol.21 , Issue.8 , pp. 1077-1096
    • Sleuwaegen, L.1
  • 150
    • 4344576206 scopus 로고    scopus 로고
    • Geography and strategy: The strategic management of space and place
    • Sorenson O, Baum JAC, eds. Geography and Strategy (Advances in Strategic Management, (Emerald, Bingley, UK)
    • Sorenson O, Baum JAC (2003) Geography and strategy: The strategic management of space and place. Sorenson O, Baum JAC, eds. Geography and Strategy (Advances in Strategic Management, Vol. 20) (Emerald, Bingley, UK), 1-19.
    • (2003) , vol.20 , pp. 1-19
    • Sorenson, O.1    Baum, J.A.C.2
  • 151
    • 0035343976 scopus 로고    scopus 로고
    • Syndication networks and the spatial distribution of venture capital financing
    • Sorenson O, Stuart TE (2001) Syndication networks and the spatial distribution of venture capital financing. Amer. J. Sociol. 106(6):1546-1588.
    • (2001) Amer. J. Sociol. , vol.106 , Issue.6 , pp. 1546-1588
    • Sorenson, O.1    Stuart, T.E.2
  • 152
    • 0003596545 scopus 로고
    • Competing Against Time: How Time-Based Competition Is Reshaping Global Markets
    • Free Press, New York
    • Stalk G, Hout TM (1990) Competing Against Time: How Time-Based Competition Is Reshaping Global Markets (Free Press, New York).
    • (1990)
    • Stalk, G.1    Hout, T.M.2
  • 153
    • 0004531637 scopus 로고
    • The Australian City: A Welfare Geography
    • Longman Cheshire, Melbourne, VIC, Australia
    • Stimson RJ (1982) The Australian City: A Welfare Geography (Longman Cheshire, Melbourne, VIC, Australia).
    • (1982)
    • Stimson, R.J.1
  • 154
    • 0346308264 scopus 로고    scopus 로고
    • Liquidity events and the geographic distribution of entrepreneurial activity
    • Stuart T, Sorenson O (2003a) Liquidity events and the geographic distribution of entrepreneurial activity. Admin. Sci. Quart. 48(2):175-201.
    • (2003) Admin. Sci. Quart. , vol.48 , Issue.2 , pp. 175-201
    • Stuart, T.1    Sorenson, O.2
  • 155
    • 0037304740 scopus 로고    scopus 로고
    • The geography of opportunity: Spatial heterogeneity in founding rates and the performance of biotechnology firms
    • Stuart T, Sorenson O (2003b) The geography of opportunity: Spatial heterogeneity in founding rates and the performance of biotechnology firms. Res. Policy 32(2):229-253.
    • (2003) Res. Policy , vol.32 , Issue.2 , pp. 229-253
    • Stuart, T.1    Sorenson, O.2
  • 156
    • 0002096935 scopus 로고
    • Towards an economic theory of the multiproduct firm
    • Teece D (1982) Towards an economic theory of the multiproduct firm. J. Econom. Behav. Organ. 3(1):39-63.
    • (1982) J. Econom. Behav. Organ. , vol.3 , Issue.1 , pp. 39-63
    • Teece, D.1
  • 157
    • 0005276366 scopus 로고
    • Technological Change and the Nature of the Firm
    • Harper & Row, New York
    • Teece DJ, ed (1987) Technological Change and the Nature of the Firm (Harper & Row, New York).
    • (1987)
    • Teece, D.J.1
  • 158
    • 0038809062 scopus 로고    scopus 로고
    • Institutional ownership differences and international diversification: The effects of boards of directors and technological opportunity
    • Tihanyi L, Johnson RA, Hoskisson RE, Hitt MA (2003) Institutional ownership differences and international diversification: The effects of boards of directors and technological opportunity. Acad. Management J. 46(2):195-211.
    • (2003) Acad. Management J. , vol.46 , Issue.2 , pp. 195-211
    • Tihanyi, L.1    Johnson, R.A.2    Hoskisson, R.E.3    Hitt, M.A.4
  • 159
    • 0019169019 scopus 로고
    • Consumer spatial choice strategies: A comparative study of some alternative behavioural spatial shopping models
    • Timmermans H (1980) Consumer spatial choice strategies: A comparative study of some alternative behavioural spatial shopping models. Geoforum 11(2):123-131.
    • (1980) Geoforum , vol.11 , Issue.2 , pp. 123-131
    • Timmermans, H.1
  • 160
    • 0000565591 scopus 로고
    • A computer movie simulating urban growth in the Detroit regions
    • Tobler WR (1970) A computer movie simulating urban growth in the Detroit regions. Econom. Geography 46(2):234-240.
    • (1970) Econom. Geography , vol.46 , Issue.2 , pp. 234-240
    • Tobler, W.R.1
  • 161
    • 84989085874 scopus 로고
    • Merger motives and merger prescriptions
    • Trautwein F (1990) Merger motives and merger prescriptions. Strategic Management J. 11(4):283-295.
    • (1990) Strategic Management J. , vol.11 , Issue.4 , pp. 283-295
    • Trautwein, F.1
  • 162
    • 0000359701 scopus 로고
    • Organizational evolution: A metamorphosis model of convergence and reorientation
    • Cummings LL, Staw BM, eds. Research in Organizational Behavior, (JAI Press, Greenwich, CT)
    • Tushman ML, Romanelli E (1985) Organizational evolution: A metamorphosis model of convergence and reorientation. Cummings LL, Staw BM, eds. Research in Organizational Behavior, Vol. 7 (JAI Press, Greenwich, CT), 171-222.
    • (1985) , vol.7 , pp. 171-222
    • Tushman, M.L.1    Romanelli, E.2
  • 163
    • 0001520155 scopus 로고    scopus 로고
    • The effects of executives experiences and perceptions on their assessment of potential technological alliances
    • Tyler B, Steensma HK (1998) The effects of executives experiences and perceptions on their assessment of potential technological alliances. Strategic Management J. 19(10):939-965.
    • (1998) Strategic Management J. , vol.19 , Issue.10 , pp. 939-965
    • Tyler, B.1    Steensma, H.K.2
  • 164
    • 33847024720 scopus 로고    scopus 로고
    • Career guide to industries: Chemical manufacturing
    • U.S. Bureau of Labor Statistics Accessed March 21, 2006
    • U.S. Bureau of Labor Statistics (2006) Career guide to industries: Chemical manufacturing. Accessed March 21, 2006, http://www.bls.gov/oco/cg/cgs008.htm.
    • (2006)
  • 165
    • 84975142348 scopus 로고    scopus 로고
    • Manufacturing: Summary series-General summary
    • U.S. Census Bureau, Industry statistics for industry groups and industries: 2002 American FactFinder Table EC0231SG102, U.S. Census Bureau, Washington, DC
    • U.S. Census Bureau (2002) Manufacturing: Summary series-General summary: Industry statistics for industry groups and industries: 2002 American FactFinder Table EC0231SG102, U.S. Census Bureau, Washington, DC. http://factfinder2.census.gov.
    • (2002)
  • 166
    • 84989133012 scopus 로고
    • A resource based view of the firm
    • Wernerfelt B (1984) A resource based view of the firm. Strategic Management J. 5(2):171-180.
    • (1984) Strategic Management J. , vol.5 , Issue.2 , pp. 171-180
    • Wernerfelt, B.1
  • 167
    • 0003591340 scopus 로고    scopus 로고
    • Takeovers, Restructuring and Corporate Governance
    • Pearson Prentice-Hall, Upper Saddle River, NJ
    • Weston JF, Mitchell ML, Mulherin JH (2004) Takeovers, Restructuring and Corporate Governance (Pearson Prentice-Hall, Upper Saddle River, NJ).
    • (2004)
    • Weston, J.F.1    Mitchell, M.L.2    Mulherin, J.H.3
  • 168
    • 0003531998 scopus 로고
    • The Economic Institutions of Capitalism: Firms, Markets, Relational Contracting
    • Free Press, New York
    • Williamson OE (1985) The Economic Institutions of Capitalism: Firms, Markets, Relational Contracting (Free Press, New York).
    • (1985)
    • Williamson, O.E.1
  • 169
    • 0003569851 scopus 로고    scopus 로고
    • Econometric Analysis of Cross Section and Panel Data
    • MIT Press, Cambridge, MA
    • Wooldridge JM (2002) Econometric Analysis of Cross Section and Panel Data (MIT Press, Cambridge, MA).
    • (2002)
    • Wooldridge, J.M.1
  • 170
    • 84965751414 scopus 로고
    • The logit model and response-based samples
    • Xie Y, Manski CF (1989) The logit model and response-based samples. Sociol. Methods Res. 17(3):283-302.
    • (1989) Sociol. Methods Res. , vol.17 , Issue.3 , pp. 283-302
    • Xie, Y.1    Manski, C.F.2
  • 171
    • 0039689920 scopus 로고
    • Integrating Acquisitions: Making Corporate Marriages Work
    • Praeger, Westport, CT
    • Yunker JA (1983) Integrating Acquisitions: Making Corporate Marriages Work (Praeger, Westport, CT).
    • (1983)
    • Yunker, J.A.1
  • 172
    • 70350225851 scopus 로고    scopus 로고
    • Using simulation to interpret results from logit, probit, and other nonlinear models
    • Zelner BA (2009) Using simulation to interpret results from logit, probit, and other nonlinear models. Strategic Management J. 30(12):1335-1348.
    • (2009) Strategic Management J. , vol.30 , Issue.12 , pp. 1335-1348
    • Zelner, B.A.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.