Volume 32, Issue 3 (autumn 2019)
JMDP 2019, 32(3): 105-138 |
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Aghazade H, Heidari A, Dehghan Dehnavi M A, Abolmolouki H. Presenting a Comprehensive Framework for Integration and Acquisition Management in the Financial Services Industry. JMDP 2019; 32 (3) :105-138
URL: http://jmdp.ir/article-1-3631-en.html
URL: http://jmdp.ir/article-1-3631-en.html
1- Business Management Dept, Faculty of Management, University of Tehran
2- Banking and Finance Management, Accounting and Management Faculty , Allameh Tabatabaei University
3- Business Management Dept, Faculty of Management, University of Tehran , Abolmolouki@ut.ac.ir
2- Banking and Finance Management, Accounting and Management Faculty , Allameh Tabatabaei University
3- Business Management Dept, Faculty of Management, University of Tehran , Abolmolouki@ut.ac.ir
Abstract: (5002 Views)
Today, Merger and Acquisition (M&A) is an important strategic tool to address various motives in industries/ organizations, but many of these strategies were doomed to fail. One of the main reasons for these failures is because of the complexity and the multiplicity of factors contributes in M&A process. The main idea of the current article is to develop a comprehensive M&A framework that specifies success factors and managerial hints in each particular stage of M&A deal. For this purpose, authors carried out a systematic review of M&A literature within 2912 related documents (articles, textbooks and consultant websites) and 101 documents were selected and analyzed by the latest version of the Atlasti 8 software. Outcome of the article is the 8 phases M&A management framework: 1) M&A Intelligence 2) M&A Planning and Strategy Formulation 3) Strategic Appraisal and selecting Targets 4) Negotiation 5) Due-Diligence and Risk Analysis 6) Closing and Announcement 7) Merger integration 8) Strategic Control that provides new insights for incumbent executives for better management of M&A deals.
Keywords: M&A Strategy, M&A Process, M&A Success Factors, M&A Management Framework, Systematic Literature Review
Type of Study: Research |
Subject:
Development Administration
Received: Aug 08 2019 | Accepted: Dec 21 2019 | ePublished: Jun 02 2020
Received: Aug 08 2019 | Accepted: Dec 21 2019 | ePublished: Jun 02 2020
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