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This study investigates the impact of specialized M&A staff on acquisition performance, finding that their presence significantly enhances performance, particularly in firms with aligned managerial and shareholder interests. The research highlights that agency costs play a critical role, as specialized M&A staff do not improve performance in firms with high agency conflicts. Overall, the findings suggest that specialized M&A staff contribute to better acquisition outcomes by leveraging their expertise, alth

Author

j3172711

Language

EN