A Study of the Effects of and Reactions to a Merger on a Company and Its Employees

摘要

A case study of organizational and individual reaction to a conglomerate type acquisition is presented. Drawing from organizational and merger literature, a model of acquisition impact is proposed to guide research into the acquisition experience. A variety of data collection methodologies are utilized in the study. Quantitative methods include a comprehensive employee work life attitude survey administered one- and three-years prior to the acquisition and one-year after the acquisition and analysis of organization records. Qualitative methods include interviews with organization members and review of various organizational memoranda, including correspondence, personal notes, and minutes and tapes from management meetings. Application of the research findings to future merger and acquisition situations is discussed.