A3 Refereed book chapter or chapter in a compilation book
Managing People and Culture in Mergers and Acquisitions
Authors: Teerikangas Satu, Stahl Günter K., Björkman Ingmar, Mendenhall Mark E.
Editors: Sebastian B. Reiche, Günter K. Stahl, Mark E. Mendenhall, Gary R. Oddou
Edition: 7th Edition
Publisher: Taylor and Francis
Publishing place: New York
Publication year: 2023
Book title : Readings and Cases in International Human Resource Management
Journal name in source: Readings and Cases in International Human Resource Management: Seventh Edition
First page : 370
Last page: 398
Number of pages: 29
ISBN: 978-1-032-13664-6
eISBN: 978-1-003-24727-2
DOI: https://doi.org/10.4324/9781003247272-27
Web address : https://doi.org/10.4324/9781003247272-27
This reading addresses international human resource management concerns when undertaking mergers and acquisitions (M&A) across borders. M&As are a particular type of inter-organizational encounter, thus they share features with joint ventures, alliances, or outsourcing arrangements. The distinguishing characteristic of M&As is that beyond connecting two organizations, they result in a change in ownership. It is this change of ownership that lies at the heart of many of the human resource-related concerns in M&As: indeed, for the employee, a change of ownership represents not only a change in employer, but also a change in the psychological contract with one’s employer.