Exploring firm characteristics that differentiate leaders from followers in industry merger waves: a competitive dynamics perspective

Volume: 33, Issue: 9, Pages: 1037 - 1052
Published: Sep 1, 2012
Abstract
Research in strategic management has shown that the timing of firm participation in a merger wave matters, as early movers have been shown to outperform later ones. However, while the consequences of the timing of action within a merger wave have been assessed, the causes that drive these timing effects remain unknown. We draw on the competitive dynamics perspective to investigate firm-level factors that influence the large-scale strategic...
Paper Details
Title
Exploring firm characteristics that differentiate leaders from followers in industry merger waves: a competitive dynamics perspective
Published Date
Sep 1, 2012
Volume
33
Issue
9
Pages
1037 - 1052
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