A1 Alkuperäisartikkeli tieteellisessä aikakauslehdessä
The emotions of top managers and key persons in cross-border M&As: Evidence from a longitudinal case study

Julkaisun tekijät: Melanie E. Hassett, Noelia-Sarah Reynolds, Birgitta Sandberg
Kustantaja: Elsevier
Julkaisuvuosi: 2018
Journal: International Business Review
Tietokannassa oleva lehden nimi: International Business Review
ISSN: 0969-5931

Building on prior research on emotions in M&A, this paper analyses the post-M&A emotions of top managers and
key persons from the acquired company by examining what triggers emotions during the post-acquisition in-
tegration stage, and what the consequences of those emotions are. This study applies cognitive appraisal and
affective event theories with empirical evidence based on a longitudinal, single case study of an Indian–Finnish
acquisition. The main findings imply that M&As are very emotional for top managers and key persons. Our
findings reveal that they experience a wide range of positive and negative emotions triggered by individual and
company-level triggers. Interestingly various triggers can have different and opposite appraisal outcomes in the
short and long-term. In addition, top managers and key persons are often restricted in the range of behavioural
outcomes caused by emotions.

Last updated on 2019-21-08 at 20:05