@article{2011:lahovnik:strategic_,
title = {Strategic fit between business strategies in the post-acquisition period and acquisition performance},
year = {2011},
note = {The overwhelming empirical evidence suggests that, from the
acquirer’s perspective, acquisitions are mostly at best
“break-even” situations and at worst failures. Our study seeks to
contribute to this pool of knowledge by analysing the performance of
horizontal acquisitions. We examined the performance of horizontal
acquisitions regarding the strategic fit between the business
strategies of acquiring and acquired companies in the post-acquisition
period. Horizontal acquisitions in which the acquiring and acquired
companies developed an identical type of business strategy in the
post-acquisition period outperformed acquisitions where the acquiring
and acquired companies developed different types of a generic business
strategy. The results suggest that the sharing of activities and
transfer of skills are important in cases of a fit between business
strategies in the post-acquisition period.},
journal = {JEEMS Journal of East European Management Studies},
pages = {358--370},
author = {Lahovnik, Matej},
volume = {16},
number = {4}
}