For three decades, research has investigated the role of information systems integration (ISI) in mergers and acquisitions (M&As). This research has improved our understanding of the M&A IS challenges and their solutions. However, consolidation and integration across the research is limited. To redress this omission, we review 70 articles published between 1989 and 2016. To do this, we adopt and extend the methodology developed by Lacity and her colleagues to review the empirical evidence in a fragmented IT literature. We code 53 dependent variables and 195 independent variables to identify the robust relationships among them and to model how ISI decisions, including the choice of IS integration methods, partially mediate the effects of the independent variables on ISI outcomes. Examining the relationships in this model, we identify five quasi-independent thematic domains on which we draw to develop an agenda for future research. Our contribution is the aggregation, organization and structuring of the empirical findings in the M&A ISI literature as a basis on which to develop a cumulative knowledge process.
In 2016, 46,000 mergers and acquisitions (M&As) were recorded with a total value of more than US$3.7 trillion (Thomson Reuters, 2017). M&As are a source of great opportunity for a few companies, including Cisco, Cemex
and Santander (Kanter et al., 2007; Busquets, 2015; Toppenberg et al., 2015), but are frequently challenging and problematic for the many. In practice, 60–70% of M&As in the private sector destroy rather than create financial value as measured by short-term performance, long-term performance and market value (see, for example, King et al., 2004). Stimulated by the growth in activity, M&As have become a subject of research in several academic fields. Haleblian et al. (2009) reviewed M&A research in the accounting, economics, finance, management and sociology literature from 1992 to 2007. They identified 864 articles that examine the challenges to successful M&As and recommend how to overcome those challenges. The research shows that M&As are multifaceted phenomena to which financial, strategic, managerial, sociological, organizational and psychological research contributes insights and normative recommendations.
Publisher : SPRINGER
By : Stefan Henningsson, Philip W. Yetton, Peter J. Wynne
File Information: English Language/ 49 Page / size: 580 KB
سال : ۱۳۹۶
ناشر : SPRINGER
کاری از : Stefan Henningsson، Philip W. Yetton، Peter J. Wynnemerger، کسب، سیستم های اطلاعاتی، ادغام، بررسی ادبیات…
اطلاعات فایل : زبان انگلیسی / 49 صفحه / حجم : KB 580