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.

chapter |2 pages

Introduction

section |5 pages

Section one Why do firms engage in mergersand acquisitions?

chapter |13 pages

Merger Motives and Merger Prescriptions

from Strategic Management Journal (1990)

chapter |10 pages

Not All M&As Are Alike: And That Matters

from Harvard Business Review (2001)

section |7 pages

Section two selecting your partner

chapter |15 pages

Merger Strategies and Stockholder Value

from Strategic Management journal(1987)

section |6 pages

Section three Integrating the two organizations

chapter |15 pages

Corporate Acquisitions: A Process Perspective

from Academy of Management Review (1986)

section |6 pages

Section four Employee reactions and experiences of mergers and acquisitions

chapter |6 pages

The Merger Syndrome

from Psychology Today (1986)

chapter |12 pages

Experiencing Mergers:A Woman's Eye View

from Women's Studies International Forum (2002)

section |5 pages

Section five Communication during the merger and acquisition process