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THE EFFECTS OF POST-M&A CULTURAL CHANGE IN ORGANIZATIONS ON INDIVIDUAL AND ORGANIZATIONAL PERFORMANCE

Year 2019, Volume: 6 Issue: 6, 645 - 654, 30.06.2019

Abstract

With unremitting change and intense competition, nowadays companies in
Turkey are increasingly turning to be users of M&A as a tool to grow, build
synergy, attain local/global presence, enter into new sectors, or achieve
economies of scale and scope. However, it is too bad that they are usually not
very good at wielding this tool successfully. Previous research yielded that
good management of change related with human side of M&As, particularly the
culture factor, has deterministic role in achievement of post-M&A success.
Based on this backdrop, the major aim of the current study is to examine the
effects of post-M&A culture change on individual and organizational
performance outcomes. Survey method was used to gather responses of a
purposeful convenience sample of employees (N=154), which went through an
M&A process. An organizational culture inventory (DOCS), a personality
inventory (NEO), a political skills inventory, and questions assessing
perceptions of employees about pre and post-M&A organizational and
individual performance were used to gather data. The findings of this study
indicate that the strength of organizational culture significantly changes
after M&As.  

References

  • ADDANTE, F. (2012). Start-up step 1: A culture plan. INC.Mansueto Ventures LLC BARNEY, J.B. (1996). Organizational culture: Can it be a source of sustained competitive advantage? The Academy of Management Review, 11(3), 656-665. DENISON, D., MISHRA. A.K. (1995). Toward a theory of organizational culture and effectiveness. Organizational Sciences, 6(2), 204-223. DENISON, D., & NEALE, W. (1996). Denison Organizational Culture Survey. Ann Arbor, MI. DIGEORGIO, R.M. (2003). Making mergers and acquisitions work: What we know and don't know- Part II. Journal of Change Management, 3(3), 259-274. FIELD, J., & PECK, E. (2003). Public-private partnerships in healthcare: the managers' perspective. Health & Social Care in the Community,11(6),494-501. Hay Group Report. (2007). Dangerous Liasons-Mergers and Acquisitions: The Integration Game. Executive Summary. KAPLAN, R. S., & NORTON, D. P. (2004). Measuring the strategic readiness of intangible assets. Harvard Business Review, 82(2), 52-63 LAJOUX, A.R. (1998). The art of M&A integration: A guide to merging resources, processes, & responsibilities. New York: McGraw-Hill. MILLER, R. (2000). How culture affects mergers and acquisitions. Industry Magazines. MITLETON-KELLY, E. (2006). Coevolutionary integration: The co-creation of a new organizational form following a merger and acquisition. Complexity and Organization, 8(2), 36-47. SATHE, V. (1985). How to decipher and change corporate culture. In R. H. Kilmann, M. J. Saxton, R. Serpa, & Associates (Eds.), Gaining control of the corporate culture (pp. 230-261). San Francisco, CA: Jossey-Bass. SCHEIN, E.H. (1983). The role of the founder in creating organizational culture. Organizational Dynamics, 12,13–28. SORENSEN, J. (2002). The strength of corporate culture and the reliability of firm performance. Administrative Science Quarterly, 47(1), 70-91. TEERIKANGAS, S., & VERY, P. (2006). The Culture-Performance Relationship in M&A: From Yes/No to How. British Journal of Management, 17, 31-48. VERMEULEN, F. (2008). Song of the sirens. Business Strategy Review, 19, Autumn, 22-27. WEBER, R.A., & CAMERER, C.F. (2003). Cultural conflict and merger failure: An experimental approach. Management Science, 49(4), 400-415.
Year 2019, Volume: 6 Issue: 6, 645 - 654, 30.06.2019

Abstract

References

  • ADDANTE, F. (2012). Start-up step 1: A culture plan. INC.Mansueto Ventures LLC BARNEY, J.B. (1996). Organizational culture: Can it be a source of sustained competitive advantage? The Academy of Management Review, 11(3), 656-665. DENISON, D., MISHRA. A.K. (1995). Toward a theory of organizational culture and effectiveness. Organizational Sciences, 6(2), 204-223. DENISON, D., & NEALE, W. (1996). Denison Organizational Culture Survey. Ann Arbor, MI. DIGEORGIO, R.M. (2003). Making mergers and acquisitions work: What we know and don't know- Part II. Journal of Change Management, 3(3), 259-274. FIELD, J., & PECK, E. (2003). Public-private partnerships in healthcare: the managers' perspective. Health & Social Care in the Community,11(6),494-501. Hay Group Report. (2007). Dangerous Liasons-Mergers and Acquisitions: The Integration Game. Executive Summary. KAPLAN, R. S., & NORTON, D. P. (2004). Measuring the strategic readiness of intangible assets. Harvard Business Review, 82(2), 52-63 LAJOUX, A.R. (1998). The art of M&A integration: A guide to merging resources, processes, & responsibilities. New York: McGraw-Hill. MILLER, R. (2000). How culture affects mergers and acquisitions. Industry Magazines. MITLETON-KELLY, E. (2006). Coevolutionary integration: The co-creation of a new organizational form following a merger and acquisition. Complexity and Organization, 8(2), 36-47. SATHE, V. (1985). How to decipher and change corporate culture. In R. H. Kilmann, M. J. Saxton, R. Serpa, & Associates (Eds.), Gaining control of the corporate culture (pp. 230-261). San Francisco, CA: Jossey-Bass. SCHEIN, E.H. (1983). The role of the founder in creating organizational culture. Organizational Dynamics, 12,13–28. SORENSEN, J. (2002). The strength of corporate culture and the reliability of firm performance. Administrative Science Quarterly, 47(1), 70-91. TEERIKANGAS, S., & VERY, P. (2006). The Culture-Performance Relationship in M&A: From Yes/No to How. British Journal of Management, 17, 31-48. VERMEULEN, F. (2008). Song of the sirens. Business Strategy Review, 19, Autumn, 22-27. WEBER, R.A., & CAMERER, C.F. (2003). Cultural conflict and merger failure: An experimental approach. Management Science, 49(4), 400-415.
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Details

Primary Language Turkish
Journal Section Makaleler
Authors

Eyyüb Ensari Cicerali

Publication Date June 30, 2019
Published in Issue Year 2019 Volume: 6 Issue: 6

Cite

APA Cicerali, E. E. (2019). THE EFFECTS OF POST-M&A CULTURAL CHANGE IN ORGANIZATIONS ON INDIVIDUAL AND ORGANIZATIONAL PERFORMANCE. Avrasya Sosyal Ve Ekonomi Araştırmaları Dergisi, 6(6), 645-654.