TY - JOUR
T1 - The process of postmerger integration
T2 - A review and agenda for future research
AU - Graebner, Melissa E.
AU - Heimeriks, Koen H.
AU - Huy, Quy Nguyen
AU - Vaara, Eero
N1 - Publisher Copyright:
© Academy of Management, all rights reserved.
PY - 2017/1
Y1 - 2017/1
N2 - Mergers and acquisitions (M&As) continue to be prevalent despite frequently yielding disappointing outcomes. Postmerger integration plays a critical role in M&A success, yet many questions about M&A implementation remain unanswered. In this article, we review research on postmerger integration, which we organize around strategic integration, sociocultural integration, and experience and learning. We then lay out a research agenda that centers on expanding our understanding of processual dynamics in postmerger integration. We focus on opportunities related to temporality, decision-making, practices and tools, and emotionality.
AB - Mergers and acquisitions (M&As) continue to be prevalent despite frequently yielding disappointing outcomes. Postmerger integration plays a critical role in M&A success, yet many questions about M&A implementation remain unanswered. In this article, we review research on postmerger integration, which we organize around strategic integration, sociocultural integration, and experience and learning. We then lay out a research agenda that centers on expanding our understanding of processual dynamics in postmerger integration. We focus on opportunities related to temporality, decision-making, practices and tools, and emotionality.
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U2 - 10.5465/annals.2014.0078
DO - 10.5465/annals.2014.0078
M3 - Review article
AN - SCOPUS:85018289023
SN - 1941-6520
VL - 11
SP - 1
EP - 32
JO - Academy of Management Annals
JF - Academy of Management Annals
IS - 1
ER -