Looking at the other side of the fence: A comparative review of the mergers and acquisitions, and strategic alliances literatures

Book chapter


Gomes, Emanuel, Alam, Sunbir and He, Q. 2021. Looking at the other side of the fence: A comparative review of the mergers and acquisitions, and strategic alliances literatures. in: Emerald Publishing Limited.
AuthorsGomes, Emanuel, Alam, Sunbir and He, Q.
Abstract

Over the last few decades, management has witnessed a proliferation of research on mergers and acquisitions (M&A) and strategic alliances (SAs). Although both fields have been widely studied, the relationship between the two bodies of literature has not been sufficiently explored. Despite the enormous commonality between both phenomena in terms of the drivers behind them and of the critical success factors associated with the M&A and alliance process management, scholars from the two fields have rarely exchanged findings and insights, even though they may be highly relevant to each other. M&A and SA research remain mostly separated from each other, thus minimizing the ability for more mutually beneficial complementary and synergetic knowledge sharing effects.
This chapter synthesizes and compare existing theoretical perspectives from the M&A and SA literatures and identifies opportunities for future research and knowledge cross fertilization between the two fields. Building upon previous review studies about M&A and SA literatures, we develop a comparative longitudinal review of both literatures published in top management journals over a 27 year period. For that purpose, we resort to machine learning algorithms to discover thematic patterns that may have gone unnoticed by using traditional review methods.
By highlighting some of the shortcomings that limit our theoretical and practical understandings, we challenge scholars from both fields (M&A and SA) to go beyond what they think they know from compartmentalized received theory, and draw upon novel and meaningful ideas, concepts, and theoretical approaches from “the other side of the fence”. We believe that such a dialog will facilitate further theoretical exploration and empirical investigation of both phenomena and produce insights that will influence the practical management of M&A and SAs.

KeywordsMergers and acquisitions; Strategic alliances; Interorganisational collaboration; Review; Machine learning
Year2021
PublisherEmerald Publishing Limited
ISBN9781800717206
Web address (URL)http://hdl.handle.net/10545/625839
http://creativecommons.org/publicdomain/zero/1.0/
hdl:10545/625839
File
File Access Level
Open
File
File Access Level
Open
File
Publication dates29 Sep 2021
Publication process dates
Deposited29 Jun 2021, 14:57
Accepted19 Apr 2021
Rights

CC0 1.0 Universal

JournalAdvances in Mergers and Acquisitions
ContributorsNova School of Business and Economics, Universidade Nova de Lisboa, Portugal, Department of Physical Geography and Ecosystem Science, Lund University, Sweden and University of Derby
Permalink -

https://repository.derby.ac.uk/item/948z2/looking-at-the-other-side-of-the-fence-a-comparative-review-of-the-mergers-and-acquisitions-and-strategic-alliances-literatures

Download files

  • 82
    total views
  • 379
    total downloads
  • 0
    views this month
  • 3
    downloads this month

Export as

Related outputs

From negotiation to integration: Mastering the art of idiosyncratic deals
Everard-Igweh, Y., Chen, Z. and He, Q. 2024. From negotiation to integration: Mastering the art of idiosyncratic deals. Organizational Dynamics. pp. 1-5. https://doi.org/10.1016/j.orgdyn.2024.101099
The Sustainable Configuration of a Circular Economy in the Agri-food Supply Chain: A Case Study of the Sugar Cane Supply Chain
Ahmed, R., He, Q. and Jose Arturo Garza-Reyes 2024. The Sustainable Configuration of a Circular Economy in the Agri-food Supply Chain: A Case Study of the Sugar Cane Supply Chain. Management of Environmental Quality. pp. 1-21. https://doi.org/10.1108/MEQ-09-2023-0313
Implementation of additive manufacturing in the healthcare supply chain for circular economy goals: Paradoxical tensions and solutions from an Industry 5.0 perspective
Priyadarshini, J., Singh, R. K., Mishra, R., He, Q. and Braganza, A. 2024. Implementation of additive manufacturing in the healthcare supply chain for circular economy goals: Paradoxical tensions and solutions from an Industry 5.0 perspective. Information Systems Frontiers. pp. 1-23. https://doi.org/10.1007/s10796-024-10482-1
Problematizing Strategic Alliance Research: Challenges, Issues and Paradoxes in the New Era
He, Q., Meadows, M., Angwin, D., Gomes, E. and Child, J. 2023. Problematizing Strategic Alliance Research: Challenges, Issues and Paradoxes in the New Era. International Journal of Management Reviews. pp. 1-5. https://doi.org/10.1111/ijmr.12353
The Impact of Strategic Environmental Management Capabilities on the Competitiveness of an Oil and Gas Industry’s Supply Chain: An Empirical Evaluation of the Natural Resource-Based View of Firms
Olajide, O., Kamal, M. M., Kwak, DW., He, Q. and Lim, M. 2023. The Impact of Strategic Environmental Management Capabilities on the Competitiveness of an Oil and Gas Industry’s Supply Chain: An Empirical Evaluation of the Natural Resource-Based View of Firms. in: Nixon, J. D., Al-Habaibeh, A., Vukovic, V. and Asthana, A. (ed.) Energy and Sustainable Futures: Proceedings of the 3rd ICESF, 2022 New York Springer. pp. 245-255
Regional logistics, carbon emission index and green financial performance enhancement configuration: a comparative study based on 30 Chinese provinces
Li, M., Wang, L., Liu, Z. and He, Q. 2023. Regional logistics, carbon emission index and green financial performance enhancement configuration: a comparative study based on 30 Chinese provinces. Frontiers in Energy Research. 11, pp. 1-15. https://doi.org/10.3389/fenrg.2023.1232552
When Will Employees Accept Remote Working? The Impact of Gender and Internet Skills
Xiong, A., Xia, S., He, Q., Ameen, N., Yan, J. and Jones, P. 2023. When Will Employees Accept Remote Working? The Impact of Gender and Internet Skills. Journal of Innovation & Knowledge. 8 (3), pp. 1-8. https://doi.org/10.1016/j.jik.2023.100402
How does digitalization alter the paradox of supply base concentration? The effects of digitalization intensity and breadth
Yang, Z., Hu, W., Shao, J., Shou, Y. and He, Q. 2023. How does digitalization alter the paradox of supply base concentration? The effects of digitalization intensity and breadth. International Journal of Operations & Production Management. pp. 1-33. https://doi.org/10.1108/IJOPM-10-2022-0685
Collaborative closed-loop supply chain framework for sustainable manufacturing: Evidence from the Indian packaging industry
Ramanathan, U., He, Q., Subramanian, N., Gunasekaran, A. and Sarpong, D. 2023. Collaborative closed-loop supply chain framework for sustainable manufacturing: Evidence from the Indian packaging industry. Technological Forecasting and Social Change. 191, pp. 1-13. https://doi.org/10.1016/j.techfore.2023.122489
Organizational digital literacy and enterprise digital transformation: Evidence from Chinese listed companies
Zhao, L., He, Q., Guo, L. and Sarpong, D. 2023. Organizational digital literacy and enterprise digital transformation: Evidence from Chinese listed companies. IEEE Transactions on Engineering Management. https://doi.org/10.1109/TEM.2023.3241411
When and How Workplace Ostracism Leads to Interpersonal Deviance: The Moderating Effects of Self-control and Negative Affect
Hua, C., Zhao, L., He, Q. and Chen, Z. 2022. When and How Workplace Ostracism Leads to Interpersonal Deviance: The Moderating Effects of Self-control and Negative Affect. Journal of Business Research. 156, pp. 1-10. https://doi.org/10.1016/j.jbusres.2022.113554
Explicating the microfoundation of SME pro-environmental operations: The role of top-managers
Zhao, Li and He, Q. 2022. Explicating the microfoundation of SME pro-environmental operations: The role of top-managers. International Journal of Operations & Production Management. 42 (4), pp. 1-26. https://doi.org/10.1108/IJOPM-09-2021-0590
Sustainability-driven co-opetition in supply chains as strategic capabilities: Drivers, facilitators, and barriers
Mirzabeiki, Vahid, He, Q. and Sarpong, David 2022. Sustainability-driven co-opetition in supply chains as strategic capabilities: Drivers, facilitators, and barriers. International Journal of Production Research. 61 (14), pp. 1-27. https://doi.org/10.1080/00207543.2021.1988749
Inter-firm knowledge transfer between strategic alliance partners: A way forward
He, Q., Ghobadian, Abby and Gallear, David 2021. Inter-firm knowledge transfer between strategic alliance partners: A way forward. European Management Review. 18 (3), pp. 229-248. https://doi.org/10.1111/emre.12447
Relationship between routines of supplier selection and evaluation, risk perception and propensity to form buyer–supplier partnerships
Gallear, David, Ghobadian, Abby, He, Q., Kumar, Vikas and Hitt, Michael 2021. Relationship between routines of supplier selection and evaluation, risk perception and propensity to form buyer–supplier partnerships. Production Planning & Control. https://doi.org/10.1080/09537287.2021.1872811
Turning motivation into action: A strategic orientation model for green supply chain management
Liu, Shumin, Eweje, Gabriel, He, Q. and Lin, Zhibin 2020. Turning motivation into action: A strategic orientation model for green supply chain management. Business Strategy and the Environment. https://doi.org/10.1002/bse.2580
Strategic alliance research in the era of digital transformation: perspectives on future research
He, Q., Meadows, Maureen, Angwin, Duncan, Gomes, Emanuel and Child, John 2020. Strategic alliance research in the era of digital transformation: perspectives on future research. British Journal of Management. https://doi.org/10.1111/1467-8551.12406
A study of Chinese policy attention on cybersecurity
Li, Zhengrong, Guo, Xi and He, Q. 2020. A study of Chinese policy attention on cybersecurity. IEEE Transactions on Engineering Management. https://doi.org/10.1109/tem.2020.3029019
Capacities of business incubator and regional innovation performance
Wang, Zhaoxing, He, Q., Xia, Senmao, Sarpong, David, Xiong, Ailun and Maas, Gideon 2020. Capacities of business incubator and regional innovation performance. Technological Forecasting and Social Change. https://doi.org/10.1016/j.techfore.2020.120125
Using an integrated humanitarian supply chain ERP system to improve refugee flow management: a conceptual framework and validation
Koliousis, Yannis, He, Q., Wu, Qiang and Sarpong, David 2020. Using an integrated humanitarian supply chain ERP system to improve refugee flow management: a conceptual framework and validation. Production Planning and Control: The Management of Operations.
DIY laboratories and business innovation ecosystems: The case of pharmaceutical industry
Wu, Qiang and He, Q. 2020. DIY laboratories and business innovation ecosystems: The case of pharmaceutical industry. Technological Forecasting and Social Change. https://doi.org/10.1016/j.techfore.2020.120336Get
Factors affecting consumers’ purchase intention of eco‐friendly food in China: The evidence from respondents in Beijing
He, Q., Duan, Yanqing, Wang, Ruowei and Fu, Zetian 2019. Factors affecting consumers’ purchase intention of eco‐friendly food in China: The evidence from respondents in Beijing. International Journal of Consumer Studies. 43 (5), pp. 457-470. https://doi.org/10.1111/ijcs.12525
Managing knowledge in supply chains: a catalyst to triple bottom line sustainability
He, Q., Gallear, David, Ghobadian, Abby and Ramanathan, Ramakrishnan 2019. Managing knowledge in supply chains: a catalyst to triple bottom line sustainability. Production Planning & Control. 30 (5-6), pp. 448-463. https://doi.org/10.1080/09537287.2018.1501814
Development and evaluation on a wireless multi-gas-sensors system for improving traceability and transparency of table grape cold chain
Wang, Xiang, He, Q., Matetic, Maja, Jemric, Tomislav and Zhang, Xiaoshuan 2017. Development and evaluation on a wireless multi-gas-sensors system for improving traceability and transparency of table grape cold chain. Computers and Electronics in Agriculture. 135, pp. 195-207. https://doi.org/10.1016/j.compag.2016.12.019
Improving traceability and transparency of table grapes cold chain logistics by integrating WSN and correlation analysis
Xiao, Xinqing, He, Q., Li, Zhigang, Antoce, Arina Oana and Zhang, Xiaoshuan 2017. Improving traceability and transparency of table grapes cold chain logistics by integrating WSN and correlation analysis. Food Control. 73, pp. 1556-1563. https://doi.org/10.1016/j.foodcont.2016.11.019
Towards conceptualizing reverse service supply chains
He, Q., Ghobadian, Abby, Gallear, David, Beh, Loo-See and O'Regan, Nicholas 2016. Towards conceptualizing reverse service supply chains. Supply Chain Management. 21 (2), pp. 166-179. https://doi.org/10.1108/scm-01-2015-0035
Second-life retailing: a reverse supply chain perspective
Beh, Loo-See, Ghobadian, Abby, He, Q., Gallear, David and O'Regan, Nicholas 2016. Second-life retailing: a reverse supply chain perspective. Supply Chain Management. 21 (2), pp. 259-272. https://doi.org/10.1108/scm-07-2015-0296
Environmental regulations, innovation and firm performance: A revisit of the Porter hypothesis
Ramanathan, Ramakrishnan, He, Q., Black, Andrew, Ghobadian, Abby and Gallear, David 2016. Environmental regulations, innovation and firm performance: A revisit of the Porter hypothesis. Journal of Cleaner Production. 155, pp. 79-92. https://doi.org/10.1016/j.jclepro.2016.08.116
Applying CS and WSN methods for improving efficiency of frozen and chilled aquatic products monitoring system in cold chain logistics
Xiao, Xinqing, He, Q., Fu, Zetian, Xu, Mark and Zhang, Xiaoshuan 2015. Applying CS and WSN methods for improving efficiency of frozen and chilled aquatic products monitoring system in cold chain logistics. Food Control. 60, pp. 656-666. https://doi.org/10.1016/j.foodcont.2015.09.012
Dynamic Capabilities for CSR Management: Towards Identifying Common Processes
He, Q., Qiang Wu and Yanqing Duan 2014. Dynamic Capabilities for CSR Management: Towards Identifying Common Processes. Society and Business Review. Vol 9 (Issue 3), pp. 276-297. https://doi.org/10.1108/sbr-01-2013-0010
The mediating effect of environmental and ethical behaviour on supply chain partnership decisions and management appreciation of supplier partnership risks
Gallear, David, Ghobadian, Abby and He, Q. 2014. The mediating effect of environmental and ethical behaviour on supply chain partnership decisions and management appreciation of supplier partnership risks. International Journal of Production Research. 53 (21), pp. 6455-6472. https://doi.org/10.1080/00207543.2014.937010