Valuing dynamic capabilities-based synergies with real options

Artikel

Acquisition-based dynamic capabilities have become well established as a new imperative for organizing mergers and acquisitions (M&A) processes. However, understanding the full benefits and possible limits of real options applications to measure a dynamic capability-based synergy in M&A deals remains a challenge. This paper draws on real options theory to explore some of these benefits and limits to value a synergy in two highly strategic M&A deals. More specifically, the author develops the proposition that justifies the role of dynamic capabilities as antecedents of the success of M&A deals in the information and communications technology industry and demonstrates real options application to measure M&A synergies.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: Journal of Risk and Financial Management ; ISSN: 1911-8074 ; Volume: 14 ; Year: 2021 ; Issue: 2 ; Pages: 1-14 ; Basel: MDPI

Classification and Topics

• Classification: Wirtschaft
• Subject: acquisition ; business model ; dynamic capabilities ; real options ; synergy ; the ICT industry

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Čirjevskis, Andrejs
• Event: Veröffentlichung
• (who): MDPI
• (where): Basel
• (when): 2021

Further information

• DOI: doi:10.3390/jrfm14020069
• Handle: http://hdl.handle.net/10419/239485
• Last update: 10.03.2025, 11:41 AM CET