Impact of Mergers & Acquisitions on Human Resource: a Global Prospective
Impact of Mergers & Acquisitions on Human Resource: A Global Prospective Shilpie chakravarty Tanvi Gaur
Abstract:
To achieve competitive advantage, merger and acquisition (M&A) has become a strategic option for organizations. A phenomenal change has been witnessed in India in recent years, owing to the liberal reforms executed by the Government of India. This research study investigate the impact of M&A on the employee 's job motivation and job satisfaction, psychological and behavioral impact The research witnessed unsatisfactory level of job security and motivation and psychological behavioral aspects among employees who worked in post M&A. The paper broadly stress about the impact of M&A on human resource which is always overlooked. It talks about the advantages of M&A. Although mergers are seen as tools to enhance business in today 's global marketplace, they have had a low success rate, possibly because the focus has been on financial and legal issues rather than on the human factors involved. In this respect, focusing on the social psychological variables, social identity theory can provide an explanation for the failure of most mergers.
Keywords:
Merger, Acquisition, Merger Emotion syndrome, Globalization, Human Resource.
Introduction of Merger & Acquisitions
The pressures on the employees around the world have been a cross entry of new players and products with advanced technology, globalization of financial markets, changing demographics of customer behavior, consumer pressure for wider choice and cheaper service, shareholder wealth demands, shrinking margins. In this scenario, Mergers and acquisitions (M&As) are most widely used strategy by firms to strengthen and maintain their position in the market place. M&As are considered as a relatively fast and efficient way to expand into new markets and
Abstract:
To achieve competitive advantage, merger and acquisition (M&A) has become a strategic option for organizations. A phenomenal change has been witnessed in India in recent years, owing to the liberal reforms executed by the Government of India. This research study investigate the impact of M&A on the employee 's job motivation and job satisfaction, psychological and behavioral impact The research witnessed unsatisfactory level of job security and motivation and psychological behavioral aspects among employees who worked in post M&A. The paper broadly stress about the impact of M&A on human resource which is always overlooked. It talks about the advantages of M&A. Although mergers are seen as tools to enhance business in today 's global marketplace, they have had a low success rate, possibly because the focus has been on financial and legal issues rather than on the human factors involved. In this respect, focusing on the social psychological variables, social identity theory can provide an explanation for the failure of most mergers.
Keywords:
Merger, Acquisition, Merger Emotion syndrome, Globalization, Human Resource.
Introduction of Merger & Acquisitions
The pressures on the employees around the world have been a cross entry of new players and products with advanced technology, globalization of financial markets, changing demographics of customer behavior, consumer pressure for wider choice and cheaper service, shareholder wealth demands, shrinking margins. In this scenario, Mergers and acquisitions (M&As) are most widely used strategy by firms to strengthen and maintain their position in the market place. M&As are considered as a relatively fast and efficient way to expand into new markets and
References: 5. Goyal Dr. K.A. and Joshi Vijay, Merger and Acquisition in Banking Industry: A Case Study of ICICI Bank Ltd., International Journal of Research in Management ISSN 2249-5908 Issue2, Vol. 2 (March-2012), PP. 1-40.