For reflections, recent contributions and round tables on mergers and acquisitions, please join us for the 2015 M&A PDW in Vancouver!
MERGERS & ACQUISITIONS: RESEARCH, PRACTICE & TEACHING
ACADEMY OF MANAGEMENT 2015 PDW
Program Session #: 457 | Submission: 18443 | Sponsor(s): (ODC)
Scheduled: Saturday, Aug 8 2015 4:15PM - 6:15PM at Pan Pacific Vancouver in Gazebo 1
Abstract: The acquisition process spans a wide variety of activities from setting acquisition strategies, to searching, analyzing, comparing acquisition targets, to negotiating the deal and setting a price, and to implementing post-merger integration. It is a very complex and challenging process that continues to attract much attention from scholars and practitioners, and bears important consequences for organizational performance. To deepen our understanding of the process, this PDW brings together scholars from diverse sub-disciplines along with executives that manage and live through the M&A process. The goal of this workshop is to share cutting edge research and teaching and reflect on recent contributions of the field, to gain deeper insight from thoughtful practitioners, and thus bridge scholars from various sub-disciplines and practitioners to advance our understanding of the pre- as well as the post-merger phase.
Search terms: Mergers & Acquisitions; Acquisition process; Pre-merger phase; Post-merger integration
Organizers:
Quy Huy (INSEAD) and Taco Reus (Erasmus University)
Leading scholars/practitioners who will take part in the workshop:
| Duncan Angwin Professor at Oxford Brookes University Kimberly Ellis Professor at Florida Atlantic University Phillipe Haspeslagh Dean at Vlerck Business School Bruce Lamont Professor at Florida State University Mark Sirower Leader of the M&A Strategy Practice at Deloitte Consulting and Adjunct Professor at Cornell University and New York University | Satu Teerikangas Senior Lecturer at University college London Eero Vaara Professor at the Hanken School of Economics Yaakov Weber Professor at College of Management Maurizio Zollo Professor at MIT Sloan School of Management & Bocconi University |
The PDW has three sections:
(I) Reflections on the acquisition process
(II) Recent scholar contributions on the acquisition process
(III) Round tables
Section (I) Reflections on the acquisition process (60 minutes):
The workshop will begin with reflections from M&A researchers and practitioners who can take different angles on the acquisition process. One of the seminal contributors to the field, Philippe Haspeslagh, will open this discussion by reflecting on the pre- and post-merger phases of mergers of equals.
We then consider the acquisition process in two broad phases of pre- and post-merger. We do this in the form of three interviews by Quy Huy with Mark Sirower who is U.S. leader of the M&A Strategy and Commercial Diligence practice with wide-ranging experience in many aspects of the pre-merger phase, and with two highly prolific researchers on the acquisition process, Eero Vaara, who has extensive expertise in the post-merger integration phase, and Maurizio Zollo, who considered several key outcomes of the acquisition process, such as learning, and different – at times conflicting – forms of performance.
Section (II) Recent scholarly contributions on the acquisition process (30 minutes)
Satu Teerikangas will consider qualitative methods and key contributions of qualitative research on the acquisition process. Bruce Lamont will consider challenges and opportunities in studying M&As in novel contexts. Kimberly Ellis and Taco Reus will review and reflect on recent contributions in select subthemes and provide a synopsis of interesting aspects of recent M&A research.
Section (III) Round tables (30 minutes)
In the final section of the PDW, we will break into different round tables, which will be facilitated by highly esteemed M&A scholars Duncan Angwin, Yaakov Weber and the other contributors to the PDW. These round tables will focus on different areas in the pre- and post-merger phase, and allow participants to discuss their own methodological challenges and consider attractive research opportunities in the field.