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

Authors : Eyyüb Ensari Cicerali

Pages : 645-654

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Publication Date : 2019-06-30

Article Type : Other

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.  
Keywords : Mergers&Acquisitions, Individual Performance, Organizational Performance, Organizational Culture, Organizational Behavior, Personality