Attributional tendencies in cultural explanations of M&A performance. (31st July 2013)

• Record Type: Journal Article
• Authors: Vaara, Eero; Junni, Paulina; Sarala, Riikka M.; Ehrnrooth, Mats; Koveshnikov, Alexei
• Is Part Of: Strategic management journal. Volume 35:Number 9(2014:Sep.)
• Page Start: 1302
• Page End: 1317
• Publication Date: 2013-07-31
• Subjects: Business planning -- Periodicals; Management -- Periodicals; Business -- Periodicals; 658.401205
• DOI: 10.1002/smj.2163
• Languages: English
• ISSNs: 0143-2095

Abstract

<abstract abstract-type="main" id="smj2163-abs-0001"> <title> <x xml:space="preserve">Abstract</x> </title> <p id="smj2163-para-0001"> <italic>This paper focuses on managers' attributions of M&amp;A performance. Our analysis indicates that there is a linear association between performance and attributions to cultural differences, which is moderated by prior experience. Furthermore, our results suggest that there is a curvilinear association between performance and attributions to managers' actions, but we found no support for the moderating effect of experience for this association. By substantiating these attributional tendencies, our results contribute to research on M&amp;As and studies on attribution more generally. In particular, our study helps to put cultural differences in perspective and cautions researchers and practitioners alike to avoid simplistic explanations of M&amp;A performance</italic>. Copyright © 2013 John Wiley &amp; Sons, Ltd.</p> </abstract>