DC Field | Value | Language |
---|---|---|
dc.contributor.author | Kim, Bo-Won | ko |
dc.contributor.author | Na, J. | ko |
dc.contributor.author | Kim, S. | ko |
dc.date.accessioned | 2018-12-20T08:07:20Z | - |
dc.date.available | 2018-12-20T08:07:20Z | - |
dc.date.created | 2018-12-14 | - |
dc.date.created | 2018-12-14 | - |
dc.date.issued | 2018 | - |
dc.identifier.citation | International Journal of Applied Management Science, v.10, no.3, pp.173 - 191 | - |
dc.identifier.issn | 1755-8913 | - |
dc.identifier.uri | http://hdl.handle.net/10203/248800 | - |
dc.description.abstract | Firms use merger and acquisition (M&A) as a strategic tool to restructure their business. We explore the factors that determine the success of M&A in manufacturing. The literature has highlighted financial variables as success factors. However the literatures have not considered how operational factors of target firm have effects on the post-M&A performance of the buyer firm. Thus, we hypothesise that operational factors of the target firm also affect the M&A performance. In particular, we look into three different types of inventory, i.e., raw material, work-in-process, and finished goods, simultaneously. Then, we put forth that the turnover of the target firm's work-in-process inventory, which directly reflects its operational efficiency, is the most important factor. Thus, we conclude that in addition to financial factors, the target firm's operational efficiency determines the M&A performance. We elaborate on the analysis results and discuss economic as well as managerial implications. © 2018 Inderscience Enterprises Ltd. | - |
dc.language | English | - |
dc.publisher | Inderscience Enterprises Ltd. | - |
dc.title | Effects of target firm's inventory turnover on post-merger and acquisition performance | - |
dc.type | Article | - |
dc.identifier.scopusid | 2-s2.0-85051417301 | - |
dc.type.rims | ART | - |
dc.citation.volume | 10 | - |
dc.citation.issue | 3 | - |
dc.citation.beginningpage | 173 | - |
dc.citation.endingpage | 191 | - |
dc.citation.publicationname | International Journal of Applied Management Science | - |
dc.identifier.doi | 10.1504/IJAMS.2018.093800 | - |
dc.contributor.localauthor | Kim, Bo-Won | - |
dc.contributor.nonIdAuthor | Na, J. | - |
dc.contributor.nonIdAuthor | Kim, S. | - |
dc.description.isOpenAccess | N | - |
dc.type.journalArticle | Article | - |
dc.subject.keywordAuthor | Inventory turnover | - |
dc.subject.keywordAuthor | M& | - |
dc.subject.keywordAuthor | A | - |
dc.subject.keywordAuthor | Merger and acquisition | - |
dc.subject.keywordAuthor | Post-merger and acquisition performance | - |
dc.subject.keywordAuthor | Return on assets | - |
dc.subject.keywordAuthor | ROA | - |
dc.subject.keywordAuthor | Target firm | - |
dc.subject.keywordAuthor | Work-in-process inventory | - |
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.