- Yönetim ve Ekonomi Araştırmaları Dergisi
- Vol: 14 Issue: 4
- ULUSLARARASI VE ULUSAL ŞİRKET SATIN ALIMLARININ KARŞILAŞTIRILMASI: LİTERATÜR ÖZETİ VE GELECE...
ULUSLARARASI VE ULUSAL ŞİRKET SATIN ALIMLARININ KARŞILAŞTIRILMASI: LİTERATÜR ÖZETİ VE GELECEĞE DÖNÜK ÖNGÖRÜLER
Authors : Ömer Faruk Genç
Pages : 128-149
Doi:10.11611/yead.282052
View : 13 | Download : 15
Publication Date : 2016-12-27
Article Type : Research
Abstract :International Aquisitions (IAs) have been used extensively by companies. Although IAsdiffer from domestic aquisitions, there is not a literature review about how they differ. A literature review of acquisitions in terms of comparison between international and domestic deals is provided in this study. Based on the literature, it was shown that international acquisitions differ significantly from domestic acquisitions in terms of motivations, outcomes, success factors, integration problems, information asymmetry, and diversification. The study also identifies new aveanues for acquisition researh. The acquisition paradox and motivation-outcome inconsistency are identified as major issues in acquisition research, and ways to deal with these issues including using benchmarking methodology, risk-adjusted returns, and examining motivations in different ways are provided. In addition, acquisitions by emerging market multinationals and private companies, acquisitions of state-owned enterprises, pre-announcement and negotiation stages are identified as understudied areas with great potential in acquisition research.Keywords : Acquisitions, mergers, literature review, international acquisitions