Uhlenbruck et al. (2017) Flashcards
1
Q
Rivals’ reactions to mergers and acquisitions
A
H1: when rivals are reliant on the markets in which a competitor makes an acquisition, they evidently responded quickly with an increase in the number of competitive moves and continue this aggressiveness in the second year.
H2: for market dependence, rivals appeared to initially respond with an increase in the number of competitive moves and continue this aggressiveness in the second year
H3: rivals’ level of slack increases their competitive responses in both the short and long term, with an immediate increase in the number of actions carried out, and a longer term increase in the variety of actions
