A Principal Multi-Agent Model on the Success of Mergers and Acquisitions
2015. 2015. xv, 149 S. 7 SW-Abb. 210 mm
Verlag/Jahr: SPRINGER, BERLIN; SPRINGER FACHMEDIEN WIESBADEN 2015
ISBN: 3-658-10145-8 (3658101458)
Neue ISBN: 978-3-658-10145-9 (9783658101459)
Sebastian Burchhardt develops a game theory model that analyzes the possible behavioral patterns of employees during M&A processes and the impact of such patterns on the success of the transaction itself. The result is the development of a principal-multi-agent model that allows for endogenous contest entry driven by identity. In addition, the model proposes guidance for practical M&A management.Identity and Competition in an Organizational Context.- The Social Identity Approach in Corporate Mergers and Acquisitions.- Identity-Driven Contest with Endogenous Entry.- Identity-Driven Group Contest with Endogenous Entry.- Implications of the Basic Model.- Implications of the Extended Model for M&A.Dr. Sebastian Burchhardt completed his doctoral studies under the guidance of Prof. Dr. Peter-J. Jost at the Chair of Organization Theory at WHU - Otto Beisheim School of Management in Vallendar.