The moderating effects of decision-making preferences on M&A integration speed and performance

• Autores: Borislav Uzelac, Florian Bauer, Kurt Matzler, Melanie Waschak
• Localización: The International Journal of Human Resource Management, ISSN-e 1466-4399, Vol. 27, Nº. 20, 2016, págs. 2436-2460
• Idioma: inglés
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• Resumen

  • 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. [ABSTRACT FROM PUBLISHER]