Managers' reactions to a corporate acquisition: A test of an integrative model

Yitzhak Fried, Robert B. Tiegs, Thomas J. Naughton, Blake Ashforth

Research output: Contribution to journalArticle

71 Citations (Scopus)

Abstract

Drawing upon previous theoretical and empirical work on mergers and acquisitions, survivors' reactions to layoffs, organizational stress, and perceived personal control, we proposed a structural model of managers' reactions to the acquisition of their company. The model was evaluated on the basis of survey data collected from a sample of middle-level managers (N = 91) whose company was acquired through a hostile takeover by another company. Both were Fortune 500 companies. Though most variables were measured 16 months after the initial implementation phase of the merger. manifest indicators of change in job control were measured twice: at the beginning of the implementation phase and 16 months later. Mixed latent/manifest variable structural equations analyses provided results that were generally consistent with the proposed model. Implications of the results as well as suggestions for future research are discussed.

Original languageEnglish (US)
Pages (from-to)401-427
Number of pages27
JournalJournal of Organizational Behavior
Volume17
Issue number5
DOIs
StatePublished - Sep 1996
Externally publishedYes

Fingerprint

Structural Models
manager
merger
layoffs
structural model
acquisition
Surveys and Questionnaires
Fortune
Integrative model
Managers
Corporate acquisitions
Latent variables
Structural model
Mergers and acquisitions
Survivors
Mergers
Structural equations
Job control
Personal control
Hostile takeovers

ASJC Scopus subject areas

  • Organizational Behavior and Human Resource Management
  • Psychology(all)
  • Applied Psychology

Cite this

Managers' reactions to a corporate acquisition : A test of an integrative model. / Fried, Yitzhak; Tiegs, Robert B.; Naughton, Thomas J.; Ashforth, Blake.

In: Journal of Organizational Behavior, Vol. 17, No. 5, 09.1996, p. 401-427.

Research output: Contribution to journalArticle

Fried, Yitzhak ; Tiegs, Robert B. ; Naughton, Thomas J. ; Ashforth, Blake. / Managers' reactions to a corporate acquisition : A test of an integrative model. In: Journal of Organizational Behavior. 1996 ; Vol. 17, No. 5. pp. 401-427.
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