Analysing the effects of a realistic merger and acquisition on attitude and behaviour of employees in India

By

ACKNOWLEDGEMENT

I would like to thank my supervisor for supporting me throughout my project and giving his valuable suggestions. Finally thanks to all my friends and family for their utmost support and inspiration.

DECLARATION

I, (Your name), would like to declare that all contents included in this dissertation stand for my individual work without any aid, & this dissertation has not been submitted for any examination at academic as well as professional level previously. It also represents my own views & not essentially the ones associated with university.

Signed __________________ Date _________________

ABSTACT

This study will focus on the effects of a realistic merger and acquisition on attitude and behaviour of employees in India. The people problem not only blocks the creation of synergistic values, but also it acts as a direct cause of M&A failure. M&A may fail when the M&A process are flawed, particularly during the transition and post integration stage because bad execution almost always wrecks one that might have had a shot. It will elaborate the different aspect of mergers and acquisitions. The study will cover the cross cultural conflicts that are likely to occur in mergers and acquisitions. Further it will explain the impact on the attitude and behaviour of the Indian employees. It will also help us in understand the issues related to managerial performance in mergers and acquisitions. The study will adopt the primary method in order to gather the data regarding the opinion of the respondents towards mergers and acquisitions. Data was collected with the help of the web survey. Respondents were asked to fill in the questionnaire. The total no. of respondents were 30 and they all were residing in India and working in companies. The data was analyzed with the help of the descriptive statistics and the hypothesis will be tested with the help of ANNOVA. The testing of the hypothesis will help us in understand the impact of mergers and acquisitions towards the attitude and behaviour of the employee.

TABLE OF CONTENTS

ACKNOWLEDGEMENTII

DECLARATIONIII

ABSTACTIV

LIST OF TABLESVIII

CHAPTER 1: INTRODUCTION1

M&A & Technical skills1

M&A and market share2

M&A and Supply chain2

Horizontal or vertical M&A in India3

Success or failure in M&A3

Cultural way of M&A in India3

Research aims & objectives5

Research Questions5

Hypothesis5

CHAPTER 2: LITERRATURE REVIEW6

Introduction6

Recent M&A in India7

M & A impact10

Employee behaviour in M&A11

Social identity approach13

Employee identity14

Personal identity17

Effects of Relative Deprivations on Multiple Identities19

The Effects of Intergroup Factors on Multiple Identities21

Cultural Similarity21

Integration Effort22

Merger Status23

The Relationships between Multiple Identities24

The Effects of Multiple Identities on Employee Behaviours25

Turnover Intention27

Trust in Top Management28

Intergroup Competition30

Organizational Theory and Mergers and Acquisitions31

Economic Motives for Mergers and Acquisitions33

Changes in the environment34

Barriers to an Organizational Field35

Corporate Ownership and Control37

CHAPTER 3: METHODOLOGY40

Overview40

Data collection (Web based survey)40

Sampling and size40

Data analysis41

Limitations41

Ethical consideration42

CHAPTER 4: FINDINGS43

Descriptive statistics43

Hypothesis (ANNOVA)56

Comparison of findings with literature review57

Organizational Identification60

The Importance of Organizational Identification61

CHAPTER 5: CONCLUSION63

Relative deprivation64

Recommendations71

Recommendations for Practice and Further Research75

REFERENCES76

APPENDICES83

Questionnaire83

LIST OF TABLES

Table 1 Q143

Table 2 Q243

Table 3 Q344

Table 4 Q445

Table 5 Q545

Table 6 Q646

Table 7 Q747

Table 8 Q847

Table 9 Q948

Table 10 Q1049

Table 11 Q1149

Table 12 ...