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Part of the book series: Strategie, Marketing und Informationsmanagement ((SMI))

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Abstract

In the popular film “Wall Street”, the ruthless investment banker played by Michael Douglas, devotes an ode to “Greed”, as part of his speech to the shareholders’ meeting of a paper company he aims at acquiring:

“The point is ladies and gentlemen that greed, for the like of a better word, is good. Greed is right. Greed works! Greed clarifies, cuts through and captures the essence of evolutionary spirit… “

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Notes

  1. Larsen & Saigol (2002), Pfanner (2002) Ziesemer, B. & Knipp (eds) (2002)

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  2. Ghemawat & Ghadar (2000:p.65)

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  3. Geus (1997), Koukopoulos, Spinello & Toms (1997)

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  4. See for example: Goold & Cambell (2000), Meier & Spang (2000)

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  5. Meier & Spang (2000:p.07) — Merger Readiness is defined as the ability to complete the restructuring following a merger in the shortest time possible, while at the same time creating the basis for the realisation of synergies

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  6. Burrell & Morgan (1979), Hirchheim & Klein (1989), Popper (1994:p.223)

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  7. La Joux (1998:p.04)

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  8. Gaughan (1991:pp.04–06) prefers the term ‘consolidation’, when referring to merging firms of equal size to create a new entity. However, many authors frequently use the term ‘merger of equals’

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  9. Berensmann & Spang (1998:p.36), Wall & Wall (2000:pp. 19–22), Paulson (2001:pp. 135–147)

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  10. Price (1996:p-39) states that: “the basic problem in understanding the management of technology is the word ‘technology’ itself”. In that light, he claims that managing IT requires a systemic consideration and multi-disciplinary approach

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  11. Land & Hirschheim (1983:pp.91–93), Carr (2003:p.49), Stewart (ed.) (2003:p.10). Adopting a similar reasoning, Ulrich [in Schwaninger (2001:p.393) uses the term “Human-Machine Systems”, while Haeckel & Nolan (1993) recommend a focus on IT capabilities and their design (instead of just isolated software).

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  12. Clear definitions of terms in the area of tourism still remain a challenge for researchers [Masberg (1998)], adding to the argument of additional research in the field

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  13. Economist (1991a:pp.08–12)

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  14. Another term that complicates the task of defining Tourism is the so-called Hospitality industry, which subsumed (i.e. included / part of) in the adopted definition.

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  15. Lloyd (1968:pp.224–225): Aristotle in his notion of intellectual virtue, closely coupled what he called “επιστημη” (scientific knowledge) with “φρουησιζ” (practical intelligence)

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  16. Popper (1994:p.225), Pies & Leschke (eds) (1999:pp.08–21)

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  17. Sirower (1997:p.114). In addition, and amongst others, Dabui (1998:pp. 02&06–07), Picot (2002:pp.383–385), claim that PMI tends not to be given the attention it deserves

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  18. Taylor, Rogers & Stanton (1994) argue for the need of more empirical research in the field of tourism.

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  19. Buhalis(1995:p.86)

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  20. Freyer(2001:pp. 151–166 & 361), Buehler & Schmutzler(2003:pp.05–08)

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  21. Witt & Moutinho (1994:pp.01–28)

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  22. Checkland (1993)

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  23. Meyers (1997:pp.241–242) — There are however cases for which a post-positivist approach (e.g. case study) may have a quantitative orientation and visa versa

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  24. Characterising the field as pre-paradigmatic may seem inappropriate given the vast array of literature, case-studies, etc. on the topic of mergers. When beginning to focus on PMI and on ICS within PMI the available material seems to be sparse

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  25. A positivist / experimental / quantitative method requires a controlled environment and independent variables, rendering it inappropriate for the purpose of this research undertaking

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  26. See for example Rodrian (2002), Eberle (2003c:p. 11), Schmelzer (2003b:p 13), Schubert (2003)

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  27. See for example Genger (2002a), Niedecken & Hildebrandt (2002), Busche (2003:p.07), Berninger(2003:p20)

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  28. The term: “Ethnography” is also appropriate here

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© 2004 Deutscher Universitäts-Verlag/GWV Fachverlage GmbH, Wiesbaden

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Papathanassis, A. (2004). Introduction. In: Post-Merger Integration and the Management of Information and Communication Systems. Strategie, Marketing und Informationsmanagement. Deutscher Universitätsverlag. https://doi.org/10.1007/978-3-322-81879-9_1

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  • DOI: https://doi.org/10.1007/978-3-322-81879-9_1

  • Publisher Name: Deutscher Universitätsverlag

  • Print ISBN: 978-3-8244-8245-0

  • Online ISBN: 978-3-322-81879-9

  • eBook Packages: Springer Book Archive

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