Trust Dynamics In Acquisitions: A Case Survey
Författare
Summary, in English
Drawing on the organizational trust literature and research on postmerger integration, the authors develop a model that conceptually synthesizes the antecedents and consequences of trust in acquired organizations. The model proposes that the acquiring and target firms' relationship history, the interfirm distance, and the acquirer's integration approach will affect target firm member trust in the acquiring firm's management. Target firm member trust, in turn, may influence several sociocultural integration outcomes as well as postacquisition performance. The results of a case survey suggest that certain aspects of the relationship history and interfirm distance, such as the firms' collaboration history and preacquisition performance differences, are poor predictors of trust, whereas integration process variables, such as speed of integration, communication quality, and acquirer multiculturalism are major factors influencing trust. The implications for postmerger integration research and practice are discussed. (C) 2011 Wiley Periodicals, Inc.
Avdelning/ar
Publiceringsår
2011
Språk
Engelska
Sidor
575-603
Publikation/Tidskrift/Serie
Human Resource Management
Volym
50
Issue
5
Dokumenttyp
Artikel i tidskrift
Förlag
John Wiley & Sons Inc.
Ämne
- Business Administration
Nyckelord
- mergers and acquisitions
- postmerger integration
- trust
- case survey
Status
Published
ISBN/ISSN/Övrigt
- ISSN: 1099-050X