The Psychological Impact of Merger and Acquisition on the Individual: A Study of Building Society Managers
- 1 March 1993
- journal article
- Published by SAGE Publications in Human Relations
- Vol. 46 (3) , 327-347
- https://doi.org/10.1177/001872679304600302
Abstract
The prospect of increasing profitability and market share by acquisition or merger has continued to exercise a more immediate and seductive appeal to organizations than a reliance on organic growth alone, despite the seemingly high risks attached. The human aspects of merger and acquisition and the impact such a major change event has on employee health and well being has received relatively little research attention. This article reports on a recent study of middle managers (n = 157) involved in the merger of two U.K. Building Societies. Post-merger measures of mental health suggest merger to be a stressful life event, even when there is a high degree of cultural compatibility between the partnering organizations.Keywords
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