Old Mutual’s Hostile Takeover of Skandia
The legitimacy of this and any other extensive case study rests on the assumption that one such single investigation can be used to provide evidence of social phenomena of a more general importance.1 It also rests on the unique quality of the case-study format to convey an understanding of such general phenomena through their instantiations in a particular case, and the opportunity it might present to develop or revise connections between established as well as emerging – or even novel – explanatory concepts, often then formulated as empirically based theories. We claim that Chapters 3–21 in this book contain such an empirical foundation.2 Therefore some notes are warranted regarding the ways in which our materials have been co-produced by us and by others, and then further interpreted by us with the aid of yet others. This methodological note is brief for two reasons: this project has no ambition to make a significant methodological contribution; and our choice of methods and techniques is basically rather traditional, given the case-study format. As in most extensive case studies, the credibility of the empirical material presented (the story) rests on both how the material was produced (see below), and how it has been presented (clarity, internal consistency, accuracy etc.). The basic idea with this study was described in Chapter 1: ‘The theoretical purpose is to try to improve socioeconomic theories addressing corporate control and corporate governance, and the empirical ambition is to provide an extensive case study of a hostile cross-border takeover process that helps...
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