Learning ‘from’ vs. learning ‘about’ partners in pre-acquisition strategic alliances: The role of familiarity

Mergers and acquisitions research: Time for a theory rejuvenation of the field

“…This contributes to our understanding of the pre-deal phase and addresses the special issue call for focus upon studying M&A in different contexts. Zhou et al (2023), in turn, focus on a different set of pre-acquisition conditions by researching the relationship between pre-acquisition alliances and post-acquisition performance. Their study of over 700 acquisitions shows how post-acquisition performance is influenced by the acquiring firm's familiarity with the alliance partner's context, particularly in terms 1 https://imaa-institute.org/mergers-and-acquisitions-statistics/.…”

“…Goal-setting theory allows them to develop new interesting insights on the influence of goal ambition on M&A integration progress. Finally, Zhou et al (2023) aim to reconcile different perspectives in explaining the relationship between pre-acquisition alliances and post-acquisition performance. By doing so, the authors bridge the alliance and M&A literatures.…”