The Moderating Effects of Decision-making Preference on M&A Integration Speed and Performance

Boris Uzelac, Florian Bauer, Kurt Matzler, Melanie Waschak

Publikation: Bidrag til tidsskriftTidsskriftartikelForskningpeer review

Abstract

This paper illustrates the effects of post-merger integration speed on M&A performance and the moderating role of decision-making preferences. For a better understanding of the effects of integration speed, we separate the role of human and task integration speed. The results, obtained from a survey based on 99 M&A transactions with acquirers from the German speaking part of Europe, indicate that fast human integration is beneficial to M&A performance while fast task integration has a significant negative effect. Furthermore our results suggest that the effects of human and task integration speed are moderated by the decision-making style of those in charge of the transactions and of integration. Different from what we expected, our results indicate that a preference for intuitive decision-making moderates the relation between task integration speed and M&A performance significant and positive, while a preference for deliberate decision-making moderates the relation between human integration speed and M&A performance.
OriginalsprogEngelsk
TidsskriftInternational Journal of Human Resource Management
Vol/bind27
Udgave nummer20
Sider (fra-til)2436-2460
Antal sider25
ISSN0958-5192
DOI
StatusUdgivet - 2016

Emneord

  • Intuition
  • Deliberation
  • Mergers and acquisitions
  • Integration speed
  • Performance

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