How Many M&A Advisors Do You Really Need? our recent publication in Harvard Business Review holds the answer

1, 2, 10? Or better not at all? In M&A it’s sort of a gamble. A gamble whether to hire advisors, because the payoff is uncertain. A gamble in terms of sharing proprietary knowledge as advisors are commonly viewed upon as hired gun, and that comes with trust issues if you are not careful. But …

The Roles of Supply Networks and Board Interlocks for Corporate Technological Entry and Exit

In the automotive industry supply networks and board interlocks are interlinked. Through stochastic actor-based modelling analysis for the longitudinal and multilevel networks of 86 firms active in the Chinese automotive, Rongkang Ma (Dalian University) and I looked into how these layered relationships jointly influence firms’ entry into new technology domains and exit from old technology …