Mergers and acquisitions from the perspective of project management

• Autorzy: Hurta H. , Jazouli A. , Koplyay T. , Motaghi H.

Identyfikatory

DOI

10.17512/pjms.2017.15.2.10

Warianty tytułu

PL

Fuzje i przejęcia z punktu widzenia zarządzania projektami

• Języki publikacji: EN

Abstrakty

EN

In this article we examine the dynamics of Mergers and Acquisitions (M&A) from the perspective of Project Management (PM). The concept of lifecycle model has been around for many years now, yet much is to be gained by applying the same concept and analysis to retrieve and shed the light on key factors and dependencies of M&A strategy within the Market Life Cycle (MLC), the Firm Life Cycle (FLC) and the Product life cycle (PLC) model. Firstly, we will revisit these three life cycles that M&A strategy depends on. The M&A strategic project is easier to implement if these cycles are in similar phases where PM plays an essential role in the M&A process. Then we will present the comparative literature of both PM and M&A success factors where we have found a substantial overlap between the two. The main contribution of this article is to reinforce the existing studies on M&A related studies while emphasizing the importance of PM processes to undertake M&A venture with focus on some of the critical factors deemed relevant in lifecycle approach when extrapolated to M&A project. The article draws upon an empirical database of M&A activity in the hi-tech sector developed by post-graduate students over several years.

PL

W tym artykule analizujemy dynamikę fuzji i przejęć (ang. Mergers and Acquisitions, M & A) z punktu widzenia zarządzania projektami (ang. Project Management, PM). Koncepcja modelu cyklu życiowego istnieje już od wielu lat, ale wiele można uzyskać dzięki zastosowaniu tej samej koncepcji i analizy w celu otrzymania i uwydatnienia kluczowych czynników i zależności strategii M & A w ramach cyklu życia rynku (ang. Market Life Cycle, MLC), cyklu życia przedsiębiorstwa (ang. Firm Life Cycle, FLC) i cyklu życia produktu (ang. Product Life Cycle, PLC). Po pierwsze, ponownie przyjrzymy się trzem cyklom życia, od których zależy strategia M & A. Projekty strategiczne M & A są łatwiejsze do wdrożenia, jeśli te cykle są w podobnych fazach, w których PM odgrywa zasadniczą rolę w procesie fuzji i przejęć. Następnie przedstawimy literaturę porównawczą zarówno czynników sukcesu PM i M & A, w których stwierdziliśmy ich znaczne pokrywanie się. Głównym wkładem tego artykułu jest wzmocnienie istniejących studiów nad badaniami związanymi z analizą finansową, podkreślając znaczenie procesów PM w celu podejmowania przedsięwzięć w zakresie M & A, koncentrując się na niektórych czynnikach uznanych za istotne w podejściu do cyklu życia w przypadku ekstrapolacji projektu M & A. W artykule przedstawiono empiryczną bazę danych o działalności M & A w sektorze technologii hi-tech opracowanych przez studentów studiów podyplomowych w ciągu kilku lat.

Słowa kluczowe

EN

project management; mergers and acquisitions; market life cycle; firm life cycle; product life cycle

PL

zarządzanie projektami; fuzje i przejęcia; cykl życia rynku; cykl życia przedsiębiorstwa; cykl życia produktu

• Wydawca: Czestochowa University of Technology
• Czasopismo: Polish Journal of Management Studies
• Rocznik: 2017
• Tom: Vol. 15, No. 2
• Strony: 100--114
• Opis fizyczny: Bibliogr. 39 poz., rys.

Twórcy

autor

Hurta H.

• Szent Istvan University, Hungary

autor

Jazouli A.

• Szent Istvan University, Hungary

autor

Koplyay T.

• Université du Québec en Outaouais, Canada

autor

Motaghi H.

• Université du Québec en Outaouais, Canada

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Uwagi

Opracowanie ze środków MNiSW w ramach umowy 812/P-DUN/2016 na działalność upowszechniającą naukę (zadania 2017).