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JMH 23,1 In this edition, we have a number of papers that provide important insights into not only management but also the modern world. The lead article in this edition, “The Overlooked Influence of Personality, Idiosyncrasy and Eccentricity in Corporate Mergers and Acquisitions: 120 Years and Six Distinct Wave”, is in my opinion the most important study that this journal has published since I have been the editor. Authored by Anthony Gould, Professeur Titulaire at Laval University in Quebec, and Kathleen Park, Research Fellow at MIT’s Sloan School of Management, this article provides a new explanation for shifts in management behaviour and organisational success over the past 150 years. In essence, it argues that the past 150 years have been characterised by six “merger waves”, each shaped by peculiarities in “political, social and legal contexts”. In each instance, Gould and Park argue, the distinctive characteristics of the merger wave called forth Chief Executive Officers (CEOs) whose personalities were of a special hue. Conceptually, therefore, the paper draws on organisational psychology, economic history and strategic management. In contrast to the deliberate (and safe) choice of a narrow field of endeavour that characterises most academic papers, this work fits into what
Journal of Management History – Emerald Publishing
Published: Jan 9, 2017
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