Capron, Laurence and Will Mitchell. 2012. Build, Borrow or Buy: Solving the Growth Dilemma. Harvard Business Review Press.

www.build-borrow-buy.com

• Guillén, Mauro and Laurence Capron. 2016. “State Capacity, Minority Shareholder Protections, and Stock Market Development.” Administrative Science Quarterly. 61(1).
Data from this research (Guillén-Capron index on Minority Shareholder Protection) has been featured in IMF's Global Stability Report - October 2016

• Capron, Laurence. 2016. Strategies for M&As: when is acquisition the right mode to grow? Accounting and Business Research, 46(5).

• Karim, Samina and Laurence Capron (2015) “Reconfiguration: Adding, Redeploying, Recombining and Divesting Resources and Business Units”. Introduction to Strategic Management Journal Virtual Special Issue on Reconfiguration.

• Bertrand, Olivier and Laurence Capron. 2015. Productivity Enhancement at Home via Cross-Border Acquisitions: The Roles of Learning and Contemporaneous Investments. Strategic Management Journal. 36 (5): 640–658. Lead article.
This paper is summarized in Harvard Business Review, June 2014: “Going abroad in search of higher productivity at home”.

• Obloj, Tomasz and Laurence Capron. 2011. Resource Gap and Value Appropriation: Effect of Reputation Gap on Price Premium in Online Auctions. Strategic Management Journal, 32(4): 447-456.

• Arikan, Asli and Laurence Capron. 2010. Do Newly-Public Acquirers Benefit or Suffer From Their Pre-IPO Affiliations. Strategic Management Journal, 31(12): 1257-1289.
This paper was a finalist for the 2011 Syntec (French national consulting association) Award for Best Research Paper published in Finance and Strategy disciplines in France.

• Capron, Laurence and Mauro Guillén. 2009. National Corporate Governance Institutions and Post-Acquisition Target Reorganization. Strategic Management Journal. 30(8): 803-833.
This paper was partly summarized in the Financial Times in “Fighting Economic Nationalism in M&As,” 13/10/06.
This paper was a finalist for the 2007 Carolyn Dexter Best International Paper, Academy of Management Conference.

• Capron, Laurence and Will Mitchell. 2009. Selection Capability: How Capability Gaps and Internal Social Frictions Affect Internal and External Strategic Renewal. Organization Science. 20(2): 294-312. Special Issue on Corporate Renewal.
This paper was the recipient of 2011 Syntec (French national consulting association) Award for Best Research Paper published in Finance and Strategy disciplines in France.

• Capron, Laurence and Olivier Chatain. 2008. Competitors’ Resource-Oriented Strategies: Acting upon Rivals’ Resources through Interventions in Strategic Factor Markets and Political Markets. Academy of Management Review. 33(1): 97-121.

• Capron, Laurence and Jung-Chin Shen. 2007. Acquisitions of Private vs. Public Firms: Private Information, Target Selection and Acquirer Returns. Strategic Management Journal. 28: 891-911.
This paper was partly summarized in Chief Executive in “Private M&As,” 10/08/08.

• Anand, Jaideep, Capron, Laurence and Will Mitchell. 2005. Using Acquisitions to Access Multinational Diversity: Thinking Beyond the Domestic versus Cross-Border M&A Comparison. Industrial and Corporate Change. 14(2): 191-224.
This research was featured in The Economist, in “Faites vos jeux”, 05/04/99.

• Capron, Laurence and Will Mitchell. 2004. Where Firms change: Internal Development versus External Capability Sourcing in the Global Telecommunications Industry. European Management Review. 1(2): 157-174.
This research was partly summarized in Financial Times, ”Organizing for Learning,” 09/29/99.
This research was featured in La Tribune, in “Pour une externalisation maitrisée”, 04/05/05.

• Capron, Laurence and Nathalie Pistre. 2002. When do Acquirers Earn Abnormal Returns? Strategic Management Journal. 23 (9): 781-794.

• Capron, Laurence, Mitchell, Will and Anand Swaminathan. 2001. Asset Divestiture Following Horizontal Acquisitions in Europe and North America, 1988-1992. Strategic Management Journal. 22: 817-844.
This paper was the recipient of 1998 William Glueck Best Paper Award, Business Policy and Strategy Division, Academy of Management.

• Capron, Laurence. 1999. The Long-Term Performance of Horizontal Acquisitions. Strategic Management Journal. 20 (11): 987-1018.
This paper is a summary of my dissertation and was the recipient of the 1997 Best Doctoral Dissertation Award, HEC Fondation, HEC Paris.
This research was summarized in Financial Times (11/08/99).

• Capron, Laurence and John Hulland. 1999. Redeployment of Brands, Sales Forces, and Marketing Expertise Following Horizontal Acquisitions: A Resource-based View. Journal of Marketing. 63 (April): 41-59.

• Capron, Laurence, Dussauge, Pierre and Will Mitchell. 1998. Resource Redeployment Following Horizontal Acquisitions in Europe and North America, 1988-1992. Strategic Management Journal. 19 (7): 631-661.

• Capron, Laurence and Will Mitchell. 1998. Bilateral Resource Redeployment and Capabilities Improvement Following Horizontal Acquisitions. Industrial and Corporate Change. 7 (3): 453-483.
This paper was a finalist for the 1998 McKinsey/Strategic Management Society Best Paper Award.

• Capron, Laurence and Will Mitchell. 1997. The Role of Acquisitions in Reshaping Business Capabilities in the International Telecommunications Industry. Industrial and Corporate Change. Special Issue on Telecommunications Policy and Strategy, 7 (4): 715-730.

• Capron, Laurence and Will Mitchell. 1997. Outcomes of International Telecommunications Acquisitions: Analysis of Four Cases with Implications for Acquisitions Theory. European Management Journal. 15 (3): 237-251.

• Capron, Laurence. 1995. Les Vagues de Fusions et Acquisitions aux Etats-Unis: 1887/1904, 1916/1929, 1950/1970, Revue Entreprises et Histoire. 10: 21-46, Décembre.

• Capron, Laurence and Olivier Bertrand. 2016. The cost of geopolitics to M&As. Insead Knowledge. April

• Capron, Laurence. 2016. Volkwagen: Still too much power with majority shareholders. Insead Knowledge. February.

• Capron, Laurence. 2016. AB Inbev’s Acquisition Formula. Insead Knowledge.January.

• Capron, Laurence. 2015. Protecting minority shareholders pays. Insead Knowledge.October.

• Capron, Laurence and Will Mitchell. 2014. Lead your industry using build, borrow and buy strategies. Texas CEO Magazine, August.

• Capron, Laurence and Olivier Bertrand. 2014. Going abroad in search of higher productivity at home. Harvard Business Review. June.

• Capron, Laurence. 2014. A human view of M&As. HR magazine UK. April.

• Capron, Laurence and Will Mitchell. 2014. Build, Borrow, or Buy: Selecting Successful Paths to Growing Your Company. The European Financial Review. 21 February.

• Capron, Laurence and Will Mitchell. 2014. Équilibrez vos modes de croissance. Harvard Business Review France, Juin-Juillet

• Capron Laurence, 2013. Cisco’s corporate development portfolio: a blend of building, borrowing and buying. Strategy and Leadership. 41(2) : 27 - 30

• Capron, Laurence and Will Mitchell. 2012. Warning against binge buying: When is M&A the right answer to your growth challenges? The European Financial Review. 11 December.

• Capron, Laurence and Cyril Maman. 2012. Les jeunes entreprises doivent mixer croissance interne, alliances et acquisitions. Les Echos.

• Capron, Laurence and Will Mitchell. 2010. Finding the Right Path. Harvard Business Review. 88 (7/8) 102-107.

• Capron, Laurence and Kevin Kaiser. 2009. Does your M&A add value? Financial Times. Special Series on Managing in a downturn, 6 February 2009.

• Capron, Laurence. 2008. "The Private M&A. Does the "private firm" discount exist?" Chief Executive, October 8th.

• Capron, Laurence and Mauro Guillén. 2006. Fighting Economic Nationalism in M&As. Financial Times, Mastering Strategy Series, October 13th.

• Capron, Laurence and Karen Schnatterly. 2005. How M&As can lead to governance failure. Financial Times, Mastering Corporate Governance Series, June 3rd.

• Mitchell, Will and Laurence Capron. 2002. Managing Acquisitions to Change and Survive. European Business Forum. Issue 9, 51-55, Spring.
This research is featured in Business Digest & Spencer Stuart Talent Network, Spring 2002.

• Capron, Laurence. Les bénéfices et les risques des acquisitions horizontales. 2000. Les Echos, “L’art de la stratégie”, 4 May 2000.

• Capron, Laurence, Mitchell, Will and Joanne Oxley. 2000. Remodeler l’entreprise : quatre voies pour changer. Les Echos, L’art de la stratégie, 25 May 2000.

• Capron, Laurence. 1999. Horizontal Acquisitions: The Benefits and Risk to Long-Term Performance. Financial Times, Mastering Strategy Series, Nov, 8th.
Reprinted in: Financial Times Mastering Strategy: The Complete MBA Companion in Strategy, 197-204, Pearson Education Limited, London, 2000.

• Capron, Laurence, Will Mitchell, and Joanne Oxley. 1999. Organizing for Learning. Financial Times, Mastering Strategy Series, November, 29th.
Reprinted in: Financial Times Mastering Strategy: The Complete MBA Companion in Strategy, 384-390, Pearson Education Limited, London, 2000.

• Capron, Laurence, Will Mitchell. 2017. Alliances: a distinct strategic tool for reconfiguring resources and businesses. Chapter 3 in Collaborative Strategy: Critical Issues for Alliances and Networks (Edited by Mesquita, Ragozzino and Reuer). Edward Elgar.

• Capron, Laurence. 2016. Shareholder Empowerment: A New Era in Corporate Governance. Book Review. Administrative Science Quarterly, DOI: 10.1177/0001839216674447.

• Capron, Laurence. 2015. “M&As and the Firm’s Corporate Development Portfolio: A call for research integration”. Chapter 9, Routledge Companion to Mergers and Acquisitions

• Capron Laurence. 2013. Growth through acquisitions. The Palgrave Encyclopedia of Strategic Management. Edited by Mie Augier and David J. Teece.

• Capron, Laurence, Anand, Jaideep and Will Mitchell. Acquisition-Based Dynamic Capabilities. Chapter 5 In Dynamic Capabilities: Understanding Strategic Change in Organizations (Edited by Constance Helfat and al.). Blackwell Publishing. Malden. MA. 2007

• Capron, Laurence and Jung-Chin Shen. Acquirer Returns when Buying Public vs. Private Targets. Advances in Mergers and Acquisitions 2004 (Vol 3). (Edited by Cary L. Cooper and Sydney Finkelstein). Elsevier JAI.

• Capron, Laurence. 1995. Fusions, Acquisitions et Compétitivité. in Stratégie et Compétitivité, Marc Ingham (ed.), de Boeck Wesmal: Brussels, 1995.

• Capron, Laurence. 1994. Les Rapprochements des Industriels Européeens de l’Aéronautique : Fusions ou Coopération? ” in Perspectives en Management Stratégique, Alain Noel and Pierre Dussauge (eds.), vol. 2, 239-268, Economica: Paris.

• Stratégor (co-authored with colleagues from HEC Paris Strategy Department); Editions Dunod, Paris, Best-selling strategy textbook in France. 1-6th Edition; 6th Edition (2013).

Professor Capron's research papers have regularly been selected among the top ten percent best papers of accepted papers at the Academy of Management Conference. To see a shortened version of these papers, click the link below.

• Capron, Laurence and Mauro Guillén. "National Governance Systems, Governance Systems, Stakeholder and Post-Acquisition Dynamics", Academy of Management Conference Best Paper Proceedings (include only the top 10% of presented papers), Business Policy & Strategy Division, New Orleans, Louisiana. Download paper (.pdf)

• Capron, Laurence and Will Mitchell. "How elephants learn new tricks: Capability sourcing in the European Telecommunications Industry", Academy of Management Conference Best Paper Proceedings (include only the top 10% of presented papers), Business Policy & Strategy Division, New Orleans, Louisiana, August 2004. Download paper (.pdf)

• Capron, Laurence and Will Mitchell. "The Effect of Market and Internal Failures on Capability Sourcing Choices." Academy of Management Conference Best Paper Proceedings (include only the top 10% of presented papers), Business Policy & Strategy Division, Seattle, WA, August 2003. Download paper (.pdf)

• Capron, Laurence, Will Mitchell and Anand Swaminathan "Asset Divestiture After Business Acquisition: Failure or Reconfiguration?" Academy of Management Conference Best Paper Proceedings (include only the top 10% of presented papers), Business Policy & Strategy Division, San Diego CA., August 1998. Download paper (.pdf)

• Capron, Laurence. "Historical Analysis of three waves of mergers and acquisitions in the U.S. (1887-1904, 1916, 1916-1929, 1950-1970): Triggering factors, motivations and performance." Academy of Management Conference Best Papers Proceedings, Management History division, Cincinnati OH, August 1996. Download paper (.pdf)