Category: chief point
Managerial ambiguity harms M&A success and corporate performance
By Desiree-Jessica Pely * (exechange) — February 1, 2020 — Due to practitioners’ negative connotation with regard to mergers and acquisitions (M&A), the clear communication of takeover motives is crucial for stakeholders. However, rather than providing clear objectives, managers tend to use a specific merger rhetoric (1) to “whitewash” an M&A deal and thereby create…