Events

Prof. Theresa Cho
Professor of Strategy & International Business
Graduate School of Business
Seoul National University

Although prior work has often focused on shifts in firms’ boundaries, we know little about the consequences of the attentional changes that follow such shifts. Drawing from the attention-based view of firm, we develop the notion of attentional congruence—the degree of similarity in managerial attention at the dyadic level between two firms. In the context of acquisitions in high-tech industries, we examine the effects of attentional congruence on two post-acquisition integration outcomes:(1) the degree of turnover among top executives at the target firm and (2)post-acquisition innovation at the firm level. The results of our study highlight the importance of achieving an optimal balance in attentional congruence between two merging firms for post-acquisition integration outcomes.