M.J. (Michael Juergen) Mueller

RSM - Rotterdam School of Management
Erasmus University Rotterdam
ERIM Doctoral Student
Field: Strategy & Entrepreneurship
Affiliated since 2016

PhD Project

A contextual perspective on information asymmetries in firms’ external corporate development activities

By means of three studies, this dissertation is aimed at extending the literature on information asymmetries around alliances and acquisitions through a contextual perspective. The first study aims to answer how country-level institutions directly and indirectly determine the degree of information accuracy between exchange parties. By integrating the institution-based view and information economics, this study extends knowledge on firms’ choices between alternative external corporate development modes. The second study builds on this contextual perspective but – other than the first study – does not look at alliances and acquisitions as outcomes but rather considers these external corporate development modes as mediators between CEOs’ regulatory foci and their firms’ innovation output. By placing the emphasis on the CEO as the key decision maker, the study contributes to the strategic management literature by connecting individuals’ psychological attributes and firm-level innovation outcomes. The third study again has a somewhat different focus in that it zooms in on acquisitions in particular and considers an acquisition to be a contextual change in itself. This study contributes by disentangling two distinctive types of information asymmetries – asymmetric information on quality and intent – and relates these to target top management turnover post acquisition.

Keywords
Alliances; Acquisitions; Global Strategy; Information Asymmetry; Information Economics; Signaling Theory; Institutions; Context
Time frame
2016 -

Address

Visiting address

Office: Mandeville Building T07-07
Burgemeester Oudlaan 50
3062 PA Rotterdam

Postal address

Postbus 1738
3000 DR Rotterdam
Netherlands

Supervisory team

Michael Juergen Mueller
Endowed Professor in Global Strategy
Promotor
Michael Juergen Mueller
Arjen Slangen
Associate Professor in International Business
Co-Promotor