Advanced Search
MyIDEAS: Login

Is Speed of Integration inM&A Learnable? TheModerating Role of Organizational Learning on the Path of Speed of Integration on Performance

Contents:

Author Info

  • Florian Bauer

    (MCI Management Center Innsbruck, Austria)

  • Daniel Degischer

    (MCI Management Center Innsbruck, Austria)

  • Kurt Matzler

    (MCI Management Center Innsbruck, Austria)

Registered author(s):

    Abstract

    From a practical perspective speed of integration is recognized as an important success factor for the M&A integration outcome. Despite this fact the research area is largely neglected in the academic literature. The results of quantitative research on speed of integration provide us with results at a mixed blessing. There is empirical evidence for a positive, a negative, or a non-significant relationship between speed of integration and M&A performance. In line with research on speed of integration the results of acquisition experience are quite heterogeneous. In this paper we review the organizational and process literature on speed of integration and acquisition experience and develop a research model which integrates acquisition experience as a moderator for the task- and cultural integration speed effect on performance. With a sample of 104 horizontal and vertical transactions with acquirers from the German speaking part of Europe we demonstrate that cultural integration speed is beneficial while task integration speed is detrimental for M&A performance. While the effects of task integration speed becomes more positive with increasing acquisition experience, we find a slightly significant negative moderating effect for cultural integration speed. We conclude that task integration is learnable with regards to the harmonization of marketing, production, and systems while each cultural integration process is different and therefore organizational learning is not possible. Next to this we argue that firms underestimate the importance of cultural integration speed.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.toknowpress.net/ISBN/978-961-6914-02-4/papers/ML13-299.pdf
    File Function: full text
    Download Restriction: no

    File URL: http://www.toknowpress.net/ISBN/978-961-6914-02-4/MakeLearn2013.pdf
    File Function: Conference Programme
    Download Restriction: no

    Bibliographic Info

    as in new window

    This chapter was published in: Florian Bauer & Daniel Degischer & Kurt Matzler , , pages 625-633, 2013.

    This item is provided by ToKnowPress in its series Active Citizenship by Knowledge Management & Innovation: Proceedings of the Management, Knowledge and Learning International Conference 2013 with number 625-633.

    Handle: RePEc:tkp:mklp13:625-633

    Contact details of provider:
    Web page: http://www.toknowpress.net/proceedings/978-961-6914-02-4/

    Related research

    Keywords: mergers & acquisitions; organizational learning; speed of integration;

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:tkp:mklp13:625-633. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Nada Trunk Širca).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.