Skip navigation
Skip navigation

The Interaction of Post-Acquisition Integration and Acquisition Focus in Relation to Long-Run Performance

Daniliuc, Sorin-Ovidiu; Bilson, Chris; Shailer, Gregory

Description

We examine the joint influence of post-acquisition integration management and acquisition focus on long-run post-acquisition performance. We develop a financial measure related to integration that is based on changes in net purchases/disposals of physical assets. For a sample of acquisitions by Australian listed firms, we find that the main effects and the interaction of our integration measure and focus are related to performance in the direction suggested by theory. Our results suggest that...[Show more]

dc.contributor.authorDaniliuc, Sorin-Ovidiu
dc.contributor.authorBilson, Chris
dc.contributor.authorShailer, Gregory
dc.date.accessioned2015-12-10T22:14:55Z
dc.identifier.issn1369-412X
dc.identifier.urihttp://hdl.handle.net/1885/50385
dc.description.abstractWe examine the joint influence of post-acquisition integration management and acquisition focus on long-run post-acquisition performance. We develop a financial measure related to integration that is based on changes in net purchases/disposals of physical assets. For a sample of acquisitions by Australian listed firms, we find that the main effects and the interaction of our integration measure and focus are related to performance in the direction suggested by theory. Our results suggest that inconsistencies in previous studies of the focus-performance relation are partly explained by the failure to consider the post-acquisition asset management strategies.
dc.publisherBlackwell Publishing Ltd
dc.sourceInternational Review of Finance
dc.titleThe Interaction of Post-Acquisition Integration and Acquisition Focus in Relation to Long-Run Performance
dc.typeJournal article
local.description.notesImported from ARIES
local.identifier.citationvolume14
dc.date.issued2014
local.identifier.absfor150201 - Finance
local.identifier.ariespublicationu9900263xPUB202
local.type.statusPublished Version
local.contributor.affiliationDaniliuc, Sorin-Ovidiu, College of Business and Economics, ANU
local.contributor.affiliationBilson, Chris, College of Business and Economics, ANU
local.contributor.affiliationShailer, Gregory, College of Business and Economics, ANU
local.description.embargo2037-12-31
local.bibliographicCitation.issue4
local.bibliographicCitation.startpage587
local.bibliographicCitation.lastpage612
local.identifier.doi10.1111/irfi.12040
dc.date.updated2015-12-09T08:11:20Z
local.identifier.scopusID2-s2.0-84912530608
local.identifier.thomsonID000345848100004
CollectionsANU Research Publications

Download

File Description SizeFormat Image
01_Daniliuc_The_Interaction_of_2014.pdf203.84 kBAdobe PDF    Request a copy


Items in Open Research are protected by copyright, with all rights reserved, unless otherwise indicated.

Updated:  19 May 2020/ Responsible Officer:  University Librarian/ Page Contact:  Library Systems & Web Coordinator