Threat to pre-merger identities in mergers and acquisitions : antecedents, consequences and moderators

Rapport Rapport de recherche Threat to pre-merger identities in mergers and acquisitions : antecedents, consequences and moderators eng 2007 author Lupina-Wegener Anna Aleksandra 623438 author Schneider Susan Carol 100581 The high rate of failure in mergers and acquisitions is often blamed on cultural differences,organizational or national. More recently, it has been argued that cultural differences per se may be less of the problem than how the integration process is managed. The objective of the paper is to show how the process of socio-cultural integration can lead to positive outcomes such as a strong sense of a shared identity with the new organization, or negative outcomes such as intergroup polarization. Specifically, we argue that when socio-cultural processes threaten premerger identities, intergroup polarization becomes stronger which impedes the development of a shared identity. Threat to pre-merger identities may depend on the amount of changes envisioned and the extent to which organizational autonomy is decreased. However, this threat to pre-merger identities may be moderated by the perceived legitimacy of the differences in power and boundary permeability. This argument is illustrated by presenting a merger between two regional banks in Poland. Recommendations for future research are proposed and implications for managing integration processes in mergers and acquisitions are discussed. Mergers/acquisitions Socio-cultural integration Identity Threat Dewey 332/658 Dewey 330/650 Cahiers de recherche 2007.11 9 Faculté d'économie et de management S false 84fcd8fe-7012-4aa7-9f6e-47c4b33ae742 Report Public file1.pdf 215259 application/pdf openAccess Faculté d'économie et de management

Title	Published in	Access level	OA Policy	Year	Views	Downloads

Threat to pre-merger identities in mergers and acquisitions : antecedents, consequences and moderators				2007	646	933

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Lupina-Wegener, Anna Aleksandra