The performance impact of strategic similarity in horizontal mergers: Evidence from the US banking industry

被引：115

作者：

Ramaswamy, K

机构：

来源：

ACADEMY OF MANAGEMENT JOURNAL | 1997年 / 40卷 / 03期

关键词：

D O I：

10.5465/257059

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This study examined the impact of strategic similarities between target and bidder firms on changes in postmerger performance. Set in the U.S. banking industry, the empirical examination shows that mergers between banks exhibiting similar strategic characteristics result in better performance than those involving strategically dissimilar banks.

引用

页码：697 / 715

页数：19

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