{"title":"在收购研究中走向更具包容性的价值观","authors":"Olimpia Meglio , Svante Schriber","doi":"10.1016/j.lrp.2023.102331","DOIUrl":null,"url":null,"abstract":"<div><p>Acquisition research is intensely concerned with how acquisitions affect economic value, primarily looking at shareholder value, while overlooking or ascribing other values a subordinate role. We argue that this is unnecessarily restrictive and leaves out important values in acquisitions. To remedy this state of affairs, we critically engage with the notion of value in acquisitions with the aim of enriching acquisition research by recognizing a multitude of values present in acquisitions but largely unrecognized as such in research. Arguing value is an umbrella construct, we adopt a stakeholder approach and conduct a problematizing review focusing on key studies of economic and non-economic values in acquisitions, also enriched with other acquisition and business literature. Apart from challenging the underpinning assumptions of the dominating view of value denoting acquiring shareholders’ financial wealth, we identify non-economic marginalized values that are only rarely studied, including justice or gender equality, and pertinent neglected values, including the natural environment. We propose a research agenda around a broader range of dynamic, multifaceted values.</p></div>","PeriodicalId":18141,"journal":{"name":"Long Range Planning","volume":null,"pages":null},"PeriodicalIF":7.4000,"publicationDate":"2023-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0024630123000389/pdfft?md5=522d596d6f2f74434cc97aa8411f1fd6&pid=1-s2.0-S0024630123000389-main.pdf","citationCount":"1","resultStr":"{\"title\":\"Towards a more inclusive notion of values in acquisition research\",\"authors\":\"Olimpia Meglio , Svante Schriber\",\"doi\":\"10.1016/j.lrp.2023.102331\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><p>Acquisition research is intensely concerned with how acquisitions affect economic value, primarily looking at shareholder value, while overlooking or ascribing other values a subordinate role. We argue that this is unnecessarily restrictive and leaves out important values in acquisitions. To remedy this state of affairs, we critically engage with the notion of value in acquisitions with the aim of enriching acquisition research by recognizing a multitude of values present in acquisitions but largely unrecognized as such in research. Arguing value is an umbrella construct, we adopt a stakeholder approach and conduct a problematizing review focusing on key studies of economic and non-economic values in acquisitions, also enriched with other acquisition and business literature. Apart from challenging the underpinning assumptions of the dominating view of value denoting acquiring shareholders’ financial wealth, we identify non-economic marginalized values that are only rarely studied, including justice or gender equality, and pertinent neglected values, including the natural environment. We propose a research agenda around a broader range of dynamic, multifaceted values.</p></div>\",\"PeriodicalId\":18141,\"journal\":{\"name\":\"Long Range Planning\",\"volume\":null,\"pages\":null},\"PeriodicalIF\":7.4000,\"publicationDate\":\"2023-12-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"https://www.sciencedirect.com/science/article/pii/S0024630123000389/pdfft?md5=522d596d6f2f74434cc97aa8411f1fd6&pid=1-s2.0-S0024630123000389-main.pdf\",\"citationCount\":\"1\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Long Range Planning\",\"FirstCategoryId\":\"91\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S0024630123000389\",\"RegionNum\":2,\"RegionCategory\":\"管理学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"BUSINESS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Long Range Planning","FirstCategoryId":"91","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0024630123000389","RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS","Score":null,"Total":0}
Towards a more inclusive notion of values in acquisition research
Acquisition research is intensely concerned with how acquisitions affect economic value, primarily looking at shareholder value, while overlooking or ascribing other values a subordinate role. We argue that this is unnecessarily restrictive and leaves out important values in acquisitions. To remedy this state of affairs, we critically engage with the notion of value in acquisitions with the aim of enriching acquisition research by recognizing a multitude of values present in acquisitions but largely unrecognized as such in research. Arguing value is an umbrella construct, we adopt a stakeholder approach and conduct a problematizing review focusing on key studies of economic and non-economic values in acquisitions, also enriched with other acquisition and business literature. Apart from challenging the underpinning assumptions of the dominating view of value denoting acquiring shareholders’ financial wealth, we identify non-economic marginalized values that are only rarely studied, including justice or gender equality, and pertinent neglected values, including the natural environment. We propose a research agenda around a broader range of dynamic, multifaceted values.
期刊介绍:
Long Range Planning (LRP) is an internationally renowned journal specializing in the field of strategic management. Since its establishment in 1968, the journal has consistently published original research, garnering a strong reputation among academics. LRP actively encourages the submission of articles that involve empirical research and theoretical perspectives, including studies that provide critical assessments and analysis of the current state of knowledge in crucial strategic areas. The primary user base of LRP primarily comprises individuals from academic backgrounds, with the journal playing a dual role within this community. Firstly, it serves as a platform for the dissemination of research findings among academic researchers. Secondly, it serves as a channel for the transmission of ideas that can be effectively utilized in educational settings. The articles published in LRP cater to a diverse audience, including practicing managers and students in professional programs. While some articles may focus on practical applications, others may primarily target academic researchers. LRP adopts an inclusive approach to empirical research, accepting studies that draw on various methodologies such as primary survey data, archival data, case studies, and recognized approaches to data collection.