Research suggests that an increasing number of people experience organisational changes such as mergers and acquisitions as highly emotional life events. Indeed, given that, as the authors prove, 70% of all mergers and acquisitions fail to reach their initial goals largely because of neglected people issues, it is a must for every manager and M&A researcher to understand the emotional side of such change processes.
This fascinating book explains how managerial behaviour and communication styles influence the emotions of employees and affect their readiness to contribute to a successful post-merger integration. It combines emotion theories from other disciplines with recent M&A findings, and offers practical implications through illustrative case studies.
Academics and practitioners will find the combination of management literature with psychology and sociology literature of great interest.
Table of Contents
1. Introduction
Part I:
Understanding M&As and Emotions
2. The M&A Process
3. Post-Merger Integration as a Change of Social Identity
4. Emotions in Post-Merger Integration
Part II:
Case Studies on Emotions in M&As
5. Purpose
6. Information Gathering and How to Measure Emotions
7. Emotions
8. Managerial Communication
9. Managerial Behaviour
10. M&A Outcomes
Part III: Conclusions
11. Discussions Bibliography Index