Work

Attributional tendencies in cultural explanations of M&A performance

Year: 2013

Type: article

Abstract: This paper focuses on managers' attributions of M&A performance. Our analysis indicates that there is a linear association between performance and attributions to cultural differences, which is moderated by prior experience. Furthermore, our results suggest that there is a curvilinear association between performance and attributions to managers' actions, but we found no support for the moderating effect of experience for this association. By substantiating these attributional tendencies, our results contribute to research on M&As and studies on attribution more generally. In particular, our study helps to put cultural differences in perspective and cautions researchers and practitioners alike to avoid simplistic explanations of M&A performance . Copyright © 2013 John Wiley & Sons, Ltd.

Source: Strategic Management Journal

DOI: 10.1002/smj.2163

Authors: Eero Vaara, Paulina Junni, Riikka M. Sarala, Mats Ehrnrooth, Alexei Koveshnikov

Institutions: Hanken School of Economics, École de management de Lyon, BI Norwegian Business School, University of North Carolina at Greensboro

Language: English

Topic: Corporate Finance and Governance

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W1992140331

FWCI: 20.7

Cites: 92

Cited by: 62

Related to: 10