Authors: Puvanard Hemvichitr
Addresses: Department of Business Administration, National Institute of Development Administration, Floor 8, Boonchana-Autthakorn, 118 Moo3, Sereethai Road, Khwaeng Klong-Chan, Khet Bangkapi, Bangkok, Thailand
Abstract: Mergers and acquisitions (M&As) become popular over decades. A number of researches reveal that M&As are favourable to adjust them to compete in a more competitive way. However, merger motivations are still varied from different points of views. In this study, we provide some literature studies and conduct in-depth interviews with senior executives who have been involved in merger activities. The information is reliable since they have a great deal of direct experience with M&As from various backgrounds and experiences. At the end of this research, the clearer illustration on M&A occurrence is shown on the 'Donut forcing model', which aims to describe why mergers occur, what processes are involved, what forces drive and obstruct M&A, and why some mergers succeed and some fail within a single model.
Keywords: grounded theory; mergers motives; mergers theories; model building.
International Journal of Business Process Integration and Management, 2018 Vol.9 No.1, pp.46 - 52
Accepted: 26 Jan 2018
Published online: 04 Jul 2018 *