Questionnaire items
| Construct | Measures of construct | Factor loading |
|---|---|---|
| Propensity towards M&A, α = 0.85 | TMT is continuously and systematically looking for potential acquisition targets – potential acquisition targets are rather identified by chance than by systematic exploration of opportunities | 0.88 |
| Strategically motivated vertical and horizontal M&A activities are a central part of our growth strategy – M&A activities do not play an important role in our growth strategy | 0.91 | |
| TMT is willing to engage in riskier M&A projects – TMT is only willing to engage in low risk M&A projects | 0.73 | |
| TMT tries to specifically build up process knowledge concerning M&A transactions – TMT does not specifically try to develop M&A competencies | 0.77 |
| Construct | Measures of construct | Factor loading |
|---|---|---|
| Propensity towards M&A, | TMT is continuously and systematically looking for potential acquisition targets – potential acquisition targets are rather identified by chance than by systematic exploration of opportunities | 0.88 |
| Strategically motivated vertical and horizontal M&A activities are a central part of our growth strategy – M&A activities do not play an important role in our growth strategy | 0.91 | |
| TMT is willing to engage in riskier M&A projects – TMT is only willing to engage in low risk M&A projects | 0.73 | |
| TMT tries to specifically build up process knowledge concerning M&A transactions – TMT does not specifically try to develop M&A competencies | 0.77 |
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