Why some CFOs make better M&A deals : when chief financial officers have greater influence in the C-suite, companies are far less likely to destroy value by overpaying for acquisitions /

Many companies fall into the trap of paying an excessively large premium to close an acquisition. The authors analyzed nearly 2,000 acquisitions by U.S. companies over a period of more than 20 years and found that companies were less likely to overpay if their CFO had certain characteristics that al...

Ausführliche Beschreibung

Hauptverfasser:

Karaevli, Ayse, Özcan, Serden

Format:

Elektronisch E-Book

Sprache:

Englisch

Veröffentlicht:

[Place of publication not identified] : MIT Sloan Management Review, [2022]

Ausgabe:

[First edition].

Zusammenfassung:

Many companies fall into the trap of paying an excessively large premium to close an acquisition. The authors analyzed nearly 2,000 acquisitions by U.S. companies over a period of more than 20 years and found that companies were less likely to overpay if their CFO had certain characteristics that allowed them to wield greater influence in strategic decision-making. Those common characteristics are markers of informal power based on a CFO's breadth of skills, relationships, and status.

Umfang:

1 online resource (9 pages) : illustrations

Anmerkungen:

"Reprint 63417."

Schlagworte:

Consolidation and merger of corporations > Management.