Title: Acquisition management's ability to improve organisational performance: the emerging market contexts

Authors: Mohamad Oki Ramadhana; Sri Moertiningsih Adioetomo; Biakman Irbansyah; Yanki Hartijasti; Amiruddin Ahamat

Addresses: Universitas Indonesia, Depok, 16424, Indonesia ' Graduate School of Management, Universitas Indonesia, Depok, Indonesia ' Graduate School of Management, Universitas Indonesia, Depok, Indonesia ' Graduate School of Management, Universitas Indonesia, Depok, Indonesia ' Faculty of Technology Management & Technopreneurship, Universiti Teknikal Malaysia Melaka, Malaysia

Abstract: The purpose of this study is to determine the characteristics that influence the success of corporate acquisitions and the acquisition process in general. With 51 respondents from 219 significant firms in ASEAN countries participating in acquisitions, this study employs Smart PLS-SEM. The antecedents of organisational culture, according to the findings of this study, serve as a positive basis for corporate acquisition, contributing to the development and effectiveness of acquisition management capabilities. The empirical findings also reveal that the acquisition management competence of the firm has a large and favourable impact on the strategic integration and acquisition performance of the acquiring firm. The primary contribution of this research is that it provides practitioners with a holistic view of the entire acquisition process, particularly the mid-acquisition phase, as well as an overall understanding of how to consistently integrate resources and capabilities in an acquisition.

Keywords: organisation culture; strategic integration; acquisition process; corporate entrepreneurship; acquisition management capability.

DOI: 10.1504/IJBEM.2025.149009

International Journal of Business and Emerging Markets, 2025 Vol.17 No.4, pp.449 - 467

Accepted: 27 Apr 2023
Published online: 08 Oct 2025 *

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