Dimitrija Kalanoski receives the “Best Paper Award” at the European Academy of Management – EURAM 2018
Dimitrija Kalanoski, SNSF researcher and holder of a PhD in Management from HEC Lausanne, University of Lausanne, obtained the “Best Paper Award” at the EURAM-2018 Reykjavik Conference in June 2018.
The European Academy of Management is a learned society founded in 2001, which aims to advance the academic discipline of management in Europe. With members from 49 countries in Europe and beyond, EURAM has a high degree of diversity and provides its members with opportunities to enrich debates on a variety of research management themes and traditions.
Kalanoski, Cappa & Pinelli’s paper, entitled “Institutional Quality Differences and the Performance Effect of M&As on Rival Firms”, looks at how the differences in the degree of development of the institutional environments – that is, the institutional competitive advantage and disadvantage of acquiring target and rival firms – may impact the performance of rivals when M&A announcements are made. First, Dimitrija and his co-authors observe that M&As affect rivals’ performance more positively when the institutional quality of their home country is higher than the institutional quality of the acquirers’ home country. In other words, rivals have a higher institutional competitive advantage compared with acquirers. Secondly, M&As also affect rivals’ performance more positively when the institutional quality of the acquirers’ home country is higher than their targets’, which means that acquirers are faced with an institutional competitive disadvantage in this case.
Dimitrija Kalanoski is a Senior SNSF Researcher whose work focuses mainly on themes involving inter-firm competition, cooperation and coopetition based on structure, conduct and performance (value creation and value appropriation) models, although his portfolio of research projects also considers inter-firm arrangements (M&As, JVs, spinoffs and alliances), institutional theory, and corporate market and non-market strategies.
par Myriam Bango-Lepage (Faculté des HEC)