6Conclusion

In our closing chapter, we revisit where M&A research has gone, and we outline thoughts on where M&A research can make progress.

Where have we gone?

Existing research suggests that M&A offer firms the possibility to adapt to market or technology change by acquiring resources more quickly compared to other alternatives (Capron, 1999; Capron & Hulland, 1999; Swaminathan et al., 2008). Despite different approaches to assess M&A success (Cording et al., 2010; Oler et al., 2008; Zollo & Meier, 2008), M&A often do not live up their potential (Bauer & Matzler, 2014; Homburg & Bucerius, 2006; King et al., 2004). Associated research has examined M&A using financial or economic, strategic management, organizational behavior, and process ...

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