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- Title
After Acquiring Innovation and Sustainability: Executive Effects.
- Authors
PARK, DAEWOO; KRISHNAN, HEMA A.; CHINTA, RAVI; LEE, MINA
- Abstract
An extensive body of research supports that firms acquire other firms in order to innovate and/or become more sustainable. Extant theory posits that power in top management teams is among many determinants of success of acquisitions. This study focuses on and empirically investigates the relationship between power in top management teams and post-acquisition performance. Our results show that expert power and prestige power in the combined top management team are positively related to post-acquisition performance in both related and unrelated acquisitions. The study concludes with implications for future research and managerial practice.
- Subjects
SUSTAINABILITY; TECHNOLOGICAL innovations; SENIOR leadership teams; POST-acquisition integration (Mergers); ORGANIZATIONAL performance
- Publication
Journal of Business Inquiry: Research, Education & Application, 2017, Vol 16, Issue 2, p112
- ISSN
2155-4056
- Publication type
Article