Match!

Mergers & acquisitions research: A bibliometric study of top strategy and international business journals, 1980–2010

Published on Dec 1, 2014in Journal of Business Research4.028
· DOI :10.1016/j.jbusres.2014.03.015
Manuel Portugal Ferreira13
Estimated H-index: 13
(USP: University of São Paulo),
João Carvalho Santos5
Estimated H-index: 5
(Polytechnic Institute of Leiria)
+ 1 AuthorsNuno Rosa Reis5
Estimated H-index: 5
(Polytechnic Institute of Leiria)
Sources
Abstract
Mergers and acquisitions (M&As) are important modes through which firms carry out their domestic and international strategies and have been noted as the CEOs favorite strategy. As a significant field of study, M&A-research has accumulated substantial knowledge. This bibliometric study examines the extant strategy and international business literature on M&As. Methodologically, we examined a sample of 334 articles published in sixteen leading management/business journals, during a 31year period — from 1980 to 2010. The results provide a global perspective of the field, identifying the works that have had the greater impact, the intellectual interconnections among authors and works, the main research traditions, or themes, delved upon on M&A-related research. Structural and longitudinal analyses reveal the changes in the intellectual structure of the field over time. A discussion on the accumulated knowledge and future research avenues concludes this paper.
Figures & Tables
  • References (155)
  • Citations (84)
📖 Papers frequently viewed together
480 Citations
482 Citations
36.4k Citations
78% of Scinapse members use related papers. After signing in, all features are FREE.
References155
Newest
#1Manuel Portugal Ferreira (Polytechnic Institute of Leiria)H-Index: 13
#2João Carvalho Santos (Polytechnic Institute of Leiria)H-Index: 5
Last. Fernando Ribeiro SerraH-Index: 10
view all 4 authors...
We have witnessed a fast growth in academic interest on entrepreneurship over the past two to three decades, although at disparate paces in different countries. A wealth of papers presented and published, books, dedicated journals, websites, professional and research groups have emerged accompanying this increased interest. It is thus important to understand what are these scholars studying. In this paper we examine the state of the art in entrepreneurship research in Brazil, by scrutinizing the...
4 CitationsSource
#1Lois M. SheltonH-Index: 8
A sample of 114 mergers made by randomly selected bidders during 1962 to 1983 is classified by changes in the product market opportunities of the bidder firms. Multivariate regression analysis shows that acquisitions which permit the bidder access to new but related markets create the most value.
141 Citations
#1Muhammad Shafique (UNU: United Nations University)H-Index: 1
Innovation is becoming increasingly popular as a concept as well as a field of research. As a field, it has accumulated a significant amount of scientific knowledge. Based on bibliometric data from four major social science disciplines—economics, sociology, psychology, and management—this study presents a ‘global view’ of the field by combining longitudinal and structural perspectives. It identifies major research traditions in the field, determines the content and disciplinary composition of ea...
80 CitationsSource
#1Mike W. Peng (UTD: University of Texas at Dallas)H-Index: 64
The global strategy of multinational enterprises (MNEs) from China started to emerge recently. While sizable components of their strategy and behavior are consistent with what we observe of MNEs from other countries, Chinese MNEs are characterized by three relatively unique aspects: (1) the previously underappreciated role played by the home country governments of MNEs as an institutional force, (2) the challenge of going abroad in the absence of significantly superior technological and manageri...
215 CitationsSource
Purpose – Some scholars imprint an academic discipline by their contribution to the manner in which people think and research, namely, by putting forward novel concepts and insights. The purpose of this paper is to examine the impact of Sumantra Ghoshal's work on the study of subsidiaries and multinational enterprises and organizational formats for foreign operations.Design/methodology/approach – A bibliometric study focused on Bartlett and Ghoshal's well‐known book Managing across Borders: The ...
50 CitationsSource
#2Fernando Ribeiro Serra (HSM)H-Index: 10
Last. Benny Kramer CostaH-Index: 5
view all 3 authors...
Jay Barney?s contribution to the current status of the Resource-Based View (RBV) is well accepted, in particular his 1991 article on ?Firm resources and sustained competitive advantage? has been acknowledged as one of the most significant contributions to developing the RBV. The RBV has since evolved to become one of the central theoretical perspectives in international business studies and research, and several other business disciplines. In this paper we examine the impact of Barney?s (1991) w...
1 Citations
56 CitationsSource
#1Manuel Portugal Ferreira (Polytechnic Institute of Leiria)H-Index: 13
Some scholars? imprint an academic discipline by their contribution to the manner in which we think and research, namely by putting forward novel concepts and insights. In this paper we examine the impact of Sumantra Ghoshal?s work on the study of subsidiaries and multinational enterprises and organizational formats for foreign operations. Specifically we perform a bibliometric study focused on Bartlett and Ghoshal?s well-known book ?Managing across borders: The transnational solution? to assess...
3 Citations
#1Utz Schäffer (WHU - Otto Beisheim School of Management)H-Index: 16
#2Pascal NevriesH-Index: 1
Last. Matthias Meyer (TUHH: Hamburg University of Technology)H-Index: 10
view all 4 authors...
In the wake of the financial crisis of 2008/09, finance research has been criticized for an ineffective allocation of research efforts and a narrowing research focus. We address this discussion via a quantitative analysis of 4,064 articles published in the top four finance journals between 1988 and 2007 depicting the intellectual structure and development of finance research. We find stable structures over time that can be allocated to nine distinct research areas that represent finance research...
19 CitationsSource
#1Steven Globerman (WWU: Western Washington University)H-Index: 20
#2Mike W. Peng (UTD: University of Texas at Dallas)H-Index: 64
Last. Daniel Shapiro (SFU: Simon Fraser University)H-Index: 29
view all 3 authors...
While prominent differences in corporate governance exist across the Asia Pacific region, there are common concerns about controlling shareholders expropriating wealth from minority shareholders at the expense of overall wealth creation, as well as about the roles and qualifications of managers in Asian companies. The contributors to this Special Issue of the Asia Pacific Journal of Management address these concerns and provide new evidence on their empirical relevance, as well as the factors co...
85 CitationsSource
Cited By84
Newest
#1Hui Li (NKU: Nankai University)H-Index: 22
Last. Qing Zhou
view all 4 authors...
Abstract We examine the power of individual investor attention in increasing tourism firms' restructured performance, the different effects caused by ‘attention heterogeneity’, the moderating effect of media coverage on the relationship between individual investor attention and tourism firms' restructured performance, and the robustness of the effects. The results indicate that 1) individual investor attention has a significant positive effect on tourism firms' restructured performance, 2) indiv...
Source
Abstract Businesses have practiced and examined lean and green manufacturing principles for the last 25 years, but the sustainability challenges that we face today are still significantly potent. This context creates a need to critically examine the research and practice in this domain to determine the gaps and propose solutions. To achieve that, we applied a two-tier analysis constituting bibliometric and content analyses for developing the intellectual structure of sustainable manufacturing (S...
Source
#1Luis Ángel Guerras-Martín (URJC: King Juan Carlos University)H-Index: 11
Last. Diana Benito-Osorio (URJC: King Juan Carlos University)H-Index: 7
view all 4 authors...
Abstract This paper is an initial attempt to use a bibliometric approach for an exhaustive literature review of corporate diversification in order to propose a new comprehensive framework for its study. We conduct an in-depth analysis of the historical evolution of research over the period 1970–2017 in six eight-year stages, shedding light on the main issues in each stage and the links among them using a sample of 1,253 articles. Attention is also paid to the three disciplines in this research s...
Source
ABSTRACTIncreasing competition-induced mergers amongst public utilities may favour in Italy a reduction in public control and an increase in fair value accounting. In this context, conducting a mul...
Source
#1Samia Chehbi-Gamoura (EM Strasbourg Business School)H-Index: 1
#2Ridha Derrouiche (EM Strasbourg Business School)H-Index: 7
Last. Marc Barth (EM Strasbourg Business School)H-Index: 3
view all 4 authors...
AbstractWhen supply chain management (SCM) intersects with Big Data Analytics (BDA), uncountable opportunities for research emerge. Unfortunately, how analytics can be applied to supply chain proce...
Source
#1Chengguang LiH-Index: 4
#2Ilgaz Arikan (College of Business Administration)H-Index: 1
Last. Asli M. Arikan (College of Business Administration)H-Index: 6
view all 4 authors...
Our work examines the impact of country-dyadic military conflicts on market reaction to cross-border acquisitions (CBAs). Building on intergroup relations research, we theorize that country-dyadic military conflicts, weighted by their severity, trigger intergroup conflicts between the merging firms and, in so doing, hamper market reaction to CBA. Drawing on a sample that comprises 7321 CBAs between 1988 and 2011, we find that country-dyadic military conflicts reduce acquirer returns following CB...
1 CitationsSource
#1Joana Ribeiro (University of Porto)H-Index: 16
#2Rosa Forte (University of Porto)H-Index: 7
Literature on export assistance programmes (EAPs) was first published over half a century ago and has focused on many topics, such as the impact of EAPs on firms’ performance, their usefulness and ...
Source
#1Helene Loe Colman (BI Norwegian Business School)H-Index: 5
Abstract Through acquisitions, firms can access resources and capabilities they cannot develop on their own. Post-acquisition, a key managerial challenge is balancing the need for integration, to transfer capabilities, with the need for autonomy, to preserve knowledge-based capabilities. Drawing on extensive qualitative data, I find that this balancing involves managerial perceptions and actions that unfold in a reciprocal and dynamic process, resulting in capability transfer. I identify two dis...
Source
#1Emanuel Gomes (NOVA: Universidade Nova de Lisboa)H-Index: 13
Last. Ferran Vendrell-Herrero (University of Birmingham)H-Index: 14
view all 4 authors...
Source
#1Zahra Seyedghorban (University of Melbourne)
Last. Gary Graham (University of Leeds)H-Index: 15
view all 4 authors...
The fourth Industrial Revolution is driving the creation of a more connected ecosystem. Organizations are now re-shaping their strategies to become increasing transparent, including their supply chain management (SCM). The area of supply chain digitalisation is starting to attract growing attention; however, its research status remains unclear. We set out this study to understand what constitutes the underlying structure of its research, what topics have been investigated, what areas need furthe...
Source