Chapter 1. Introduction -- Chapter 2. Literature Review -- Chapter 3. Theory and Hypotheses for Model 1-Antecedents of Goal Polychronicity -- Chapter 4. Theory and Hypotheses for Model 2-Performance Impact of Goal Polychronicity -- Chapter 5. Empirical Context, Methods and Data – Interviews --...

We examine whether firms engage in classification shifting to meet performance targets during mergers and restructuring. Using a sample of listed firms that complete major asset restructuring and sign performance commitment agreements from 2008 to 2019, we find that during the commitment period,...