Free Shipping in Australia on over 5 million books in stock
The Synergy Trap By Mark L. Sirower

The Synergy Trap

Used Price
$42.99
inc. GST
Free Shipping in Australia
This study explains how companies often pay too much - and never realize goals of increased performance and market strength - in their quest to acquire other companies. Sirower investigates mergers across 28 measures of performance, and provides a formal definition for synergies.

Only 2 left


The Synergy Trap Summary


The Synergy Trap: How Companies Lose the Acquisition Game by Mark L. Sirower

This study explains how companies often pay too much - and never realize goals of increased performance and market strength - in their quest to acquire other companies. Sirower investigates mergers across 28 measures of performance. He reveals that if the high risks taken by acquirers are to pay off, chief executives must act swiftly in making improvements to management and resolving corporate cultural differences, or face steep and debilitating losses to the parent company's own value. By examining such variables as method of payment and strategic relatedness, Sirower also provides a formal definition for synergies, or the specific increases in performance which the combined companies can realistically expect through acquisition. This expose argues that the tendency of managers to succumb to the "up-the-ante" philosophy in acquisitions often leads to disastrous ends in the hyper-competitive marketplace, and that companies must meticulously plan - and account for huge uncertainties - when deciding to enter the mergers game.

Customer Reviews - The Synergy Trap


Why buy from World of Books

Our excellent value books literally don't cost the earth
Free delivery in Australia
Read more here
Every used book bought is one saved from landfill

The Synergy Trap Reviews


Robert A G. Monks and Nell Minow Principals of LensMark Sirower's book provides welcome and indisputable documentation of corporate management and director mistakes and abuses in the name of a vague concept of "synergy." "The Synergy Trap" will be an important aid to managers and directors who are evaluating business combinations, and to the shareholders who are evaluating the managers and directors.

Additional information

GOR003046208
The Synergy Trap: How Companies Lose the Acquisition Game by Mark L. Sirower
Mark L. Sirower
Used - Very Good
Hardback
Simon & Schuster Ltd
1997-06-02
192
0684832550
9780684832555
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us.