TY - JOUR AU - Birley, Sue AB - Acquisition Strategy or Acquisition Anarchy? Sue Birley* During the late 1960's acquisition group? In other words, in the area of activity in the UK increased substantially. acquisitions, did planning pay? It was to This combined 'with the formation of answer such questions that this research both the Take-over Panel and the Mono­ programme was initiated. polies Commission served to focus the Methodology 2 attention of journalists, academics, and Fifty-two directors in sixteen com­ businessmen upon the rationale behind panie~ covering twenty' acquisitions were such moves. Not only were the publicised interviewed, In each case this involved economic benefits examined, but also the those most directly concerned with the wider question of provision of jobs and particular acquisition discussed and it is control of markets. in~ere~ting to note that in the majority, At the same time 'corporate planning' this IJ?-clude~ the Chairman and/or had become a fashionable phrase and Managing DIrector and the Financial many companies boasted of departments Director, yet in no case was the Produc­ with large data banks and complex plans tion Function specifically represented. for the future. However, research! has This was despite the fact that the com­ shown that these departments often panies themselves nominated TI - Acquisition Strategy or Acquisition Anarchy? JF - Journal of General Management DO - 10.1177/030630707600300307 DA - 1976-03-01 UR - https://www.deepdyve.com/lp/sage/acquisition-strategy-or-acquisition-anarchy-oaErGa0a5J SP - 67 EP - 73 VL - 3 IS - 3 DP - DeepDyve ER -