The Theoretical System of M&A Strategy
From the perspectives of competitive advantage
DOI:
https://doi.org/10.51094/jxiv.873Keywords:
M&A Strategy, competitive advantage, two-sided market, strategic investment, platformAbstract
This paper focuses on theoretical system of Merger & Acquisition Strategy. Competitive Advantage is being discussed using the theory of Practice-Oriented discussion and Resource Based View. The fundamental difference between the two approaches is, while using the theory of Practice-Oriented discussion, Competitive Advantage is able to be built through Strategic Investment. As one type of Strategic Investment, the strategy of Merger and Acquisition haven` t been formally discussed relating to the theories of Competitive Advantage. In fact, the theoretical progress of M&A Strategy is not systematic and causality between M&A Strategy and Competitive Advantage is not clear enough. In this paper, I draw on the literature of M&A Strategy, Competitive Strategy and Strategic Investment, to discuss the theoretical system of M&A Strategy from the perspectives of Competitive Strategy. At last, evaluating Value(profitability) of M&A Strategy will be analyzed based on the theoretical system of M&A Strategy.Conflicts of Interest Disclosure
This research is supported by Kobe University Small and Medium Sized M&A Research and Education Center.Downloads *Displays the aggregated results up to the previous day.
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Submitted: 2024-09-02 11:15:09 UTC
Published: 2024-09-05 01:06:38 UTC
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Jianan Zhang
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