Concerning Specific Features of M&A Management

Today global and national economy is facing numerous hardly predictable events, which N. Talleb called ‘the black swam’ events, i.e. events having serious consequences both for economy in general and for industries in particular. Integrated corporate structures are still being formed at the expense...

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Autores principales: X. V. Sadykova, E. S. Biryukov
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Lenguaje:RU
Publicado: Plekhanov Russian University of Economics 2020
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spelling oai:doaj.org-article:ff085fc48d894daf8ad41d212a9309832021-11-15T05:20:49ZConcerning Specific Features of M&A Management2413-28292587-925110.21686/2413-2829-2020-4-181-186https://doaj.org/article/ff085fc48d894daf8ad41d212a9309832020-07-01T00:00:00Zhttps://vest.rea.ru/jour/article/view/909https://doaj.org/toc/2413-2829https://doaj.org/toc/2587-9251Today global and national economy is facing numerous hardly predictable events, which N. Talleb called ‘the black swam’ events, i.e. events having serious consequences both for economy in general and for industries in particular. Integrated corporate structures are still being formed at the expense of M&A deals. Statistic and diagnostic of M&A deals in leading companies testify that these deals have a high degree of risk, while classical management in M&A developed in the last 20 years requires drastic changes. Finance community considers acquisition of new businesses as a conventional method of getting different preferences, such as knowledge and skill diffusion in the field of innovation, opportunity of penetrating new markets, possible obtaining the synergy effect, including one within the frames of ‘the so-called ‘mum’s bias’. By studying global and home experience we can clearly observe that the majority of companies-buyers (or companies-aggressors) pursue policy of acquisition in respect of companiestargets, in other words, the company-target is not considered as an object of any investment. It could be investment in capital, in optimization of the system of strategic management in the company-target or in upgrading businessmodel, etc. In this respect the authors study specific features of corporate management within the frames of ShareholderActivism, non-executive directors and agent theory, identify contradictions and show changes in these fields.X. V. SadykovaE. S. BiryukovPlekhanov Russian University of Economicsarticleir-strategym&a dealsagent theorycorporate strategystrategic management and developmentintegrated corporate structureshareholderactivistm&a dealsddgboard of directorsfreedman theoryEconomics as a scienceHB71-74RUВестник Российского экономического университета имени Г. В. Плеханова, Vol 17, Iss 4, Pp 181-186 (2020)
institution DOAJ
collection DOAJ
language RU
topic ir-strategy
m&a deals
agent theory
corporate strategy
strategic management and development
integrated corporate structure
shareholderactivist
m&a deals
ddg
board of directors
freedman theory
Economics as a science
HB71-74
spellingShingle ir-strategy
m&a deals
agent theory
corporate strategy
strategic management and development
integrated corporate structure
shareholderactivist
m&a deals
ddg
board of directors
freedman theory
Economics as a science
HB71-74
X. V. Sadykova
E. S. Biryukov
Concerning Specific Features of M&A Management
description Today global and national economy is facing numerous hardly predictable events, which N. Talleb called ‘the black swam’ events, i.e. events having serious consequences both for economy in general and for industries in particular. Integrated corporate structures are still being formed at the expense of M&A deals. Statistic and diagnostic of M&A deals in leading companies testify that these deals have a high degree of risk, while classical management in M&A developed in the last 20 years requires drastic changes. Finance community considers acquisition of new businesses as a conventional method of getting different preferences, such as knowledge and skill diffusion in the field of innovation, opportunity of penetrating new markets, possible obtaining the synergy effect, including one within the frames of ‘the so-called ‘mum’s bias’. By studying global and home experience we can clearly observe that the majority of companies-buyers (or companies-aggressors) pursue policy of acquisition in respect of companiestargets, in other words, the company-target is not considered as an object of any investment. It could be investment in capital, in optimization of the system of strategic management in the company-target or in upgrading businessmodel, etc. In this respect the authors study specific features of corporate management within the frames of ShareholderActivism, non-executive directors and agent theory, identify contradictions and show changes in these fields.
format article
author X. V. Sadykova
E. S. Biryukov
author_facet X. V. Sadykova
E. S. Biryukov
author_sort X. V. Sadykova
title Concerning Specific Features of M&A Management
title_short Concerning Specific Features of M&A Management
title_full Concerning Specific Features of M&A Management
title_fullStr Concerning Specific Features of M&A Management
title_full_unstemmed Concerning Specific Features of M&A Management
title_sort concerning specific features of m&a management
publisher Plekhanov Russian University of Economics
publishDate 2020
url https://doaj.org/article/ff085fc48d894daf8ad41d212a930983
work_keys_str_mv AT xvsadykova concerningspecificfeaturesofmamanagement
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