@article {1968401,
	title = {The Influence of Alliance Experience on Acquisition Premiums and Post-acquisition Performance},
	journal = {Journal of Business Research},
	volume = {88},
	year = {2018},
	month = {2018},
	pages = {1-10},
	abstract = {This paper examines the influence of acquirers{\textquoteright} alliance experience on acquisition outcomes. Specifically, we investigate whether or not acquirers with alliance experience pay higher acquisition premiums and achieve improved post-acquisition performance. We also investigate how the impact of acquirers{\textquoteright} alliance experience is contingent on the alliance portfolios of target firms. We find that acquirers with alliance experience pay higher acquisition premiums but lower acquisition premiums when their target firms possess alliance portfolios of greater size or diversity. We also find that such acquirers achieve higher post-acquisition performance when the size of alliance portfolios of target firms is larger. Overall, this study suggests that alliance experience can help acquirers develop organizational knowledge and capabilities, and thus influence acquisition outcomes.},
	keywords = {Strategy \& Entrepreneurship},
	author = {Cho,Sam Yul and Arthurs,Jonathan}
}
@article {1976016,
	title = {The Impact of Bankruptcy on Competitors: How Technology Overlap and Diversification Affect Value Redistribution.},
	year = {2017},
	month = {2017},
	address = {Atlanta, GA},
	keywords = {Strategy \& Entrepreneurship},
	author = {Arthurs,Jonathan and Cho,Sam Yul and Choi,Yohan and Hemmatian,Iman and Joshi,Amol}
}
@conference {1968406,
	title = {Impact of Bankruptcy on Rivals: How Tech Overlap and Diversification Affects Value Redistribution},
	booktitle = {Academy of Management Proceedings},
	year = {2017},
	month = {2017},
	abstract = {Prior research on bankruptcy proposes two potential outcomes for a bankrupt firm{\textquoteright}s industry rivals: a contagion effect wherein rivals{\textquoteright} stock prices decline, and a competitive effect wherein rivals benefit from a competitor{\textquoteright}s decline. Although empirical evidence substantiates the contagion effect, existing studies do not consistently account for the competitive effect. We develop and test theory explaining how the degree of technology overlap and diversification strategy of competitors influences the severity of the contagion effect and the expected occurrence of the competitive effect among rivals. We find that greater technology overlap among a bankrupt firm and its competitors exacerbates the contagion effect. Furthermore, competitors with higher unrelated diversification are more susceptible to contagion, while competitors with higher related diversification benefit more from a rival{\textquoteright}s bankruptcy.},
	keywords = {Strategy \& Entrepreneurship},
	author = {Arthurs,Jonathan and Cho,Sam Yul and Choi,Yohan and Hemmatian,Iman and Joshi,Amol}
}
