Conflict Management Strategies in Mergers and Acquisitions: A Comparative Case Study of Industry-specific Human Diligence
Abstract
Conflict management has become a key factor for mergers and acquisitions in contemporary global economy. Although firms may do well in general in terms of financial due diligence, the human factor in mergers still remain as a primary source of conflict, impacting firms at all levels significantly. Following an extensive review of the literature and previous research, this paper unfolds a series of relevant theories that deal with the sources, course and outcomes of the conflict at organizational settings during mergers and acquisitions. Through the use of comparative method with a small-N sample and secondary data for triangulation, this study describes a preliminary typology for successful or failed mergers notably focusing on industry-specific causes and outcomes of the conflict, and potential strategies to be developed by firms’ management. While industry-specific complexity, incompatible business culture and interests, unpreparedness and lack of planning and prior competition between firms have explanatory power over the failure of investigated firms notably playing a role in the organizational integration and cohesion between parties; compatible mutual interests, well-prepared organizational integration processes and synergy-creating [mostly vertical] business models that represent strategic and effective HRM and management practices appear to be more successful.
Keywords
Kaynakça
- Aguilera, R. V., & Dencker, J. C. (2004). The role of human resource management in cross-border mergers and acquisitions. The International Journal of Human Resource Management, 15(8), 1355-1370
- Alfaro, L., Chanda, A., Kalemli-Ozcan, S., & Sayek, S. (2006). How does foreign direct investment promote economic growth? Exploring the effects of financial markets on linkages (No. w12522). National Bureau of Economic Research.
Ayrıntılar
Birincil Dil
Türkçe
Konular
-
Bölüm
Araştırma Makalesi
Yazarlar
Haluk Baran Bingöl
Yayımlanma Tarihi
30 Haziran 2017
Gönderilme Tarihi
10 Ocak 2017
Kabul Tarihi
-
Yayımlandığı Sayı
Yıl 2017 Sayı: 26

