Please use this identifier to cite or link to this item:
https://doi.org/10.1177/0170840621989006
Title: | Marriage to the Same Kind: Organizational Political Ideology and Mergers and Acquisitions | Authors: | DAWN YI LIN CHOW CHRISTODOULOS LOUCA ANDREAS P. PETROU ANDREAS PROCOPIOU |
Keywords: | employee retention identity mergers and acquisitions panel and pooled analysis political ideology |
Issue Date: | 6-Jan-2021 | Citation: | DAWN YI LIN CHOW, CHRISTODOULOS LOUCA, ANDREAS P. PETROU, ANDREAS PROCOPIOU (2021-01-06). Marriage to the Same Kind: Organizational Political Ideology and Mergers and Acquisitions. European Group for Organizational Studies. ScholarBank@NUS Repository. https://doi.org/10.1177/0170840621989006 | Abstract: | This study contributes to the growing literature on organizational political ideology by positing that acquiring firms choose targets with similar organizational political ideology in their effort to retain employees post-merger. Using a sample of M&A announcements in the United States from 1996 to 2014, we find a positive relationship between the similarity of political ideologies of the merging organizations and the likelihood of M&A announcement. In addition, we find that our main relationship is stronger the more homogeneous the organizational political ideology of the acquirer, and the more the human capital intensity of the merging firms. In addition, we find support for the proposed mechanism that drives the main relationship. We thus introduce the concept of organizational political ideology into the debate over the influence of organizational values in M&As, and we extend the theoretical application of political ideology to settings with inter-organizational partnerships. | Source Title: | European Group for Organizational Studies | URI: | https://scholarbank.nus.edu.sg/handle/10635/205258 | DOI: | 10.1177/0170840621989006 |
Appears in Collections: | Department Publications Staff Publications Elements |
Show full item record
Files in This Item:
File | Description | Size | Format | Access Settings | Version | |
---|---|---|---|---|---|---|
Marriage to the Same Kind Organizational Political Ideology and Mergers and Acquisitions.pdf | 1.28 MB | Adobe PDF | OPEN | None | View/Download |
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.