The Influence of Acquisition Experience and Performance on Acquisition Behavior: Evidence From the U.S. Commercial Banking Industry

We draw upon theories of organizational learning to examine acquisition likelihood in a sample of banking industry acquisitions from 1988 through 2001. Although research on organizational learning suggests that routines arising both from experience and from performance feedback guide organizational...

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Veröffentlicht in:Academy of Management journal 2006-04, Vol.49 (2), p.357-370
Hauptverfasser: Haleblian, Jerayr (John), Kim, Ji-yub (Jay), Rajagopalan, Nandini
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container_title Academy of Management journal
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creator Haleblian, Jerayr (John)
Kim, Ji-yub (Jay)
Rajagopalan, Nandini
description We draw upon theories of organizational learning to examine acquisition likelihood in a sample of banking industry acquisitions from 1988 through 2001. Although research on organizational learning suggests that routines arising both from experience and from performance feedback guide organizational learning, the combined effect of these two sources of learning has rarely been examined. Findings are consistent with our theoretical predictions: (1) prior acquisition experience, (2) recent acquisition performance, and (3) the interaction between acquisition experience and recent acquisition performance are all positively related to the likelihood of subsequent acquisition. [PUBLICATION ABSTRACT]
doi_str_mv 10.5465/amj.2006.20786083
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subjects Acquisitions
Bank acquisitions & mergers
Bank management
Bank operations
Banking
Banking industry
Business management
Business organization
Business studies
Data analysis
Economic concentration
Learning
Organizational learning
Organizational structure
Studies
U.S.A
title The Influence of Acquisition Experience and Performance on Acquisition Behavior: Evidence From the U.S. Commercial Banking Industry
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