From crisis to opportunity: Environmental jolt, corporate acquisitions, and firm performance

• Main Authors: WAN, William P., YIU, Daphne W.
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2009
• Subjects: Environmental jolt; Corporate acquisitions; Organizational slack; Firm performance; Asian Economic Crisis; Environmental munificence; Corporate Finance; Organizational Behavior and Theory
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/7331; https://ink.library.smu.edu.sg/context/lkcsb_research/article/8330/viewcontent/From_crisis_to_opportunity_environmental_jolt_corporate_acquisitions_and__1_.pdf
• Institution: Singapore Management University

This study incorporates the external environmental context into the study of corporate acquisitions by examining the performance implications of corporate acquisitions during an environmental jolt that alters the levels of environmental munificence. We posit that compared to the periods before and a...