Publications [#327507] of Sim B. Sitkin

Journal Articles

1. Pablo, AL; Sitkin, SB; Jemison, DB, Acquisition decision-making processes: The central role of risk, Journal of Management, vol. 22 no. 5 (December, 1996), pp. 723-746, SAGE Publications [doi]
   (last updated on 2025/05/10)

   Abstract:
   This paper builds upon the work of organizational and strategic management scholars who have conceptualized acquisitions as decision-making processes. We suggest that behavioral concepts of risk, specifically decision-maker risk perceptions and propensities, are key to understanding the process by which acquisition candidates are selected, the characteristics of pre-acquisition evaluation and negotiations, and approaches to post-acquisition integration. By drawing upon past work concerning the effects of these risk-related variables in other decision-making contexts, we develop propositions that conceptualize their impact on acquisition decision processes. Incorporation of risk as a key variable in process theories of acquisitions provides a stronger theoretical grounding for these theories, and suggests some important practical implications for managers. © 1996 JAI Press Inc. All rights of reproduction in any form reserved.