ABSTRACT
Mergers and acquisitions remain one of the most common forms of growth, yet they present considerable challenges for the companies and management involved. The effects on stakeholders, including shareholders, managers and employees, must be considered as well as the wider implications for the economy, the level of competition and employment.
By drawing on classic research perspectives and placing them alongside more recent alternatives, this book provides readers with a focused yet far-reaching introduction to the study of M&As. Each paper is set in context by editorial commentaries and reflects the important organizational and behavioural aspects which have often been ignored in the past. By providing this in-depth understanding of the mergers and acquisitions process, the reader understands, not only how and why mergers and acquisitions occur, but also the broader implications for organizations.
The book is structured clearly into sections concerned with the issues that arise before, during and after the mergers and acquisitions process including motives and planning, partner selection, integration, employee experiences and communication.
A unique collection of selected readings and contextualising commentary, this volume will greatly appeal to MBA and graduate students as well as experienced practitioners.
TABLE OF CONTENTS
section |5 pages
Section one Why do firms engage in mergersand acquisitions?
section |7 pages
Section two selecting your partner
chapter |17 pages
Organizational Fit and Acquisition Performance: Effects of Post-acquisition Integration
section |6 pages
Section three Integrating the two organizations
chapter |15 pages
Corporate Acquisitions: A Process Perspective
chapter |14 pages
Acculturation in Acquired Organizations: A Force-field Perspective 1
chapter |22 pages
Sensegiving and Sensemaking in an Integration Process: A Narrative Approach to the Study of an International Acquisition
section |6 pages
Section four Employee reactions and experiences of mergers and acquisitions
chapter |15 pages
Shared and Multiple Realities in Acquisitions: An Empirically Based Critique of Merger and Acquisition Literature
chapter |12 pages
Experiencing Mergers:A Woman's Eye View
section |5 pages
Section five Communication during the merger and acquisition process
chapter |10 pages
Common Patterns of Behavior and Communication in Corporate Mergers and Acquisitions
chapter |17 pages
Communication with Employees Following a Merger: A Longitudinal Field Experiment
chapter |13 pages
Merger as Marriage: Communication Issues in Postmerger Integration
part |12 pages
Case