ABSTRACT
Mergers and acquisitions (M&As) have been a popular strategy for firms during the last few decades. On the one hand, they offer various advantages such as direct access to technologies, products, distribution channels, and market positions. On the other hand, M&As can provide access to knowledge and bring into a company capabilities that are hard to develop (Schweizer 2005). Still, many M&As have not been successful and have failed to achieve their objectives, particularly due to difficulties in thepost-acquisition integrationprocess (AgrawalandJaffe2000;Aktaset al. 2009, 2011; Haleblian et al. 2009; King et al. 2004; Sirower 1997). Moreover, Gomes et al. (2013) argue that, despite a lot of M&A research in different disciplines, the M&A research field suffers from a lack of connectedness between these different research streams.
