Download or read book An Examination of Bank Employees Job Satisfaction After a Merger and Acquisition written by Shelly A. Baker and published by . This book was released on 2000 with total page 173 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Job Satisfaction of Bank Employees After a Merger Acquisition written by Michael Madu and published by Goldtouch Press, LLC. This book was released on 2021-07-13 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: The exit of top performers, including leaders from banks, is a problem leaders of banks experience after mergers and acquisitions (M&A). The goal of M&A is to make the merged banks strategically stronger, but the exit of valuable employees from the merged banks makes the realization of this goal difficult. The exit of valuable bank employees after an M&A disrupts the social identity formed by the employees from working together. The disruption of the social identity could become a de-motivator and create job dissatisfaction. Seventy percent of top executives leave within years of the M&A. Good employees leave the merged banks because of dissatisfaction and anxiety over the merger. Bank executives and other business managers could use the information from the current book to manage future mergers in manners that will minimize or eliminate employee anxieties, turnover, and job losses; thereby increasing the chances of accomplishing the stated goals of the M&A.
Download or read book Employees Perception about Merger in Banking Industry written by Vijay Joshi and published by LAP Lambert Academic Publishing. This book was released on 2015-04-01 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph is a modest attempt to understand the hard realities regarding employees' perception and the success of merger & Acquisition. The major objectives of the study are to study the general awareness level of the employees about the merger, to identify the factors, which are responsible for changes in attitude of employees after merger, to assess the employee satisfaction level (pre and post merger) and to study employees' perception towards work culture after merger. This study added value to the body of existing literature on bank M&As by examining the level of job satisfaction among bank employees who have experienced the M&A. The study clearly communicate that the banks pursuing M&As as growth strategy must consider the Human Resources or more precisely employees as a main factor for the success of the M&A process. In absence of proper attention it may lead to unwanted consequences like the high rate of attrition, poor morale, and negative attitudes that can affect the customer service, and decrease in efficiency and productivity.
Download or read book Impact Of Mergers On Employees In Banking Sector Of Pakistan written by Rida Qureshi and published by LAP Lambert Academic Publishing. This book was released on 2012-02 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: The core idea behind this study was to gain an understanding of the relationship between organizational mergers and human resource concerns. Exclusively the concept of employee satisfaction, commitment and turnover intentions were examined in relation to banks that were being merged in Pakistan. Variables such as psychological effects, cultural conflicts, job insecurity were examined for a possible significant or insignificant relationship to employee job satisfaction, commitment and turnover intentions. It was hypothesized that; employees were dissatisfied as a result of merger, employees did not feel committed after merger and hence they intend to leave the job. The quantitative method of data collection that is questionnaire was used by the researcher. The outcomes were discussed under provisions of research questions developed in the study. This is done through a discussion of the conclusion drawn from the findings. It was thus wrapped up that when an acquisition is made, management should not only focus on the end result, but also pay attention to the human resource factors that can lead to the success or failure of merger.
Download or read book Organizational Culture and Performance written by Henrietta M. Okoro and published by Rowman & Littlefield. This book was released on 2022-12-15 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent merger waves in most organizations fail to increase organizational performance and sustain a competitive advantage. Several U.S. organizational mergers failed to sustain market competition and retain employees. Most consolidated and merged banks in Nigeria are in distress and have failed to increase organizational performance. Currently, organizational leaders are facing challenges regarding how to integrate two or more merged cultures to maintain employee commitment, job satisfaction, and employee retention. The author used a quantitative correlational and regression study that collected data related to a merged bank in Abuja, Federal Capital Territory (FCT) of Nigeria, to examine if a relationship existed between organizational culture and organizational performance. The study results indicated that a measure of the combination of cultural traits (mission, involvement, consistency, and adaptability) had a significant relationship with each of the organizational performance measures (employee commitment, job satisfaction, and employee retention). The need to provide solutions to the failed mergers and strategies for sustaining higher performance in partnership mergers and acquisitions becomes imperative. In this book, Henrietta Okoro integrates organizational culture traits with insights from research to provide readers with distinctive strategies to improve and sustain employee retention, job satisfaction, and higher organizational performance. Emphases were made on distressed banks, global bank mergers, acquisitions trends, and implications for sustainability. Recommendations were provided to leaders in various industries and future research prospects. The book highlights the factors of job satisfaction, employee commitment, thinking beyond financial gain in mergers and acquisitions, failure as a learning tool, and the cultural traits necessary to sustain creativity and higher organizational performance. Throughout the book, Henrietta Okoro draws from compelling examples of the merged organizations and research in the social sciences to demonstrate the relationship between organizational culture and performance and how it can enhance employee retention, job satisfaction, and higher organizational performance. The book further provides an excellent resource for business sectors that grasp market globalization, organizational leaders, higher institutions, scholars, professionals, researchers, and project managers, in various industries and other corporate sectors with the synergy intent of merger and acquisition to sustain market diversification, improved performance, customer base, and business synergy expansion.
Download or read book The Employment Impact of Mergers and Acquisition in the Banking and Financial Services Sector written by and published by . This book was released on 2001 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Managing in a Post merger post acquisition Period in Service Industry written by Dilyara B. Daminova and published by . This book was released on 1999 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study focuses on the major issues in managing in a post-merger, post-acquisition period and employee satisfaction after this process in a service enterprise.
Download or read book Managing Mergers Acquisitions and Strategic Alliances written by Sue Cartwright and published by Routledge. This book was released on 2012-05-23 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mergers, acquisitions, and alliances continue to be almost an everyday feature of the contemporary business scene, yet at least half prove to be unsuccessful. The authors show the contribution that psychology can make to our understanding of the merger phenomena - how it affects organizational performance, and how it affects the managers and employees involved. Mergers, Acquisitions and Strategic Alliances is intended as a guide to successful organizational marriage. Great emphasis is placed on the issue of cultural compatibility as it concerns partner selection, integration practices and venture outcomes. The book also focuses on cross-national mergers, acquisitions and joint ventures. With the increasing economic activity within the European Union and between the unions of other countries, there is a need to know more about the corporate and national cultures in these strategic alliances. The authors have drawn upon an extensive body of research based on recent cases in a wide cross section of industries across Europe. The book is unique in showing the actual effect mergers and acquisitions have on people, and consequently on the performance of the 'new' organization. It will be particularly relevant for decision makers - those who are involved in planning and implementing a large organizational change, and those responsible for ensuring successful integration afterwards. It would also be extremely useful for postgraduate management students, personnel executives and management consultants.
Download or read book Merger issues written by Myra V. De Leon and published by . This book was released on 2016 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Merger and acquisition (M&A) is considered a competitive strategy to keep a firm at par in this era of globalization. M&A has changed the banking sector in the Philippines and increased competition with foreign banks. Bangko Sentral ng Pilipinas (BSP) believes that the M&A shall result in stronger players that will stabilize financial industry. Despite optimistic expectations on M&A, important body of research suggests that between 50% and 80% of all M&As are unsuccessful due to weak management of human capital. Human capital is one the most important resources firms rely on to gain competitive advantage in the marketplace. As such, the management needs to consider the fact behind the influence of human factors on the success or failure of an M&A. However, benefits of M&A in terms of human factors are not that evident; therefore, there is a need to study the effect of merger issues to employees’ attitude and behavior. Hence, the objective of this study is specifically the identification of the effects of critical human issues namely managerial communication, managerial support and organizational culture difference to non-financial measurements of employee turnover and job performance through a descriptive-correlation research design. A random survey of 350 employees of a merged universal bank in the Philippines is conducted. Levene-Welch-Games-Howell Post-Hoc Multiple Comparison is used to examine if perceived differences in turnover intention were associated with managerial communication, managerial support and organizational culture difference. The results show that there are significant differences in opinion of employees in turnover intention associated to managerial communication, managerial support and organizational culture differences at 5% level of significance. Results indicate that employees do not seek other employment if there is high managerial communication and support, and similar organizational culture from previous affiliation to presently merged bank. Binary Logit Regression with bootstrap is used to examine effect of managerial communication, managerial support and organizational culture difference to job performance, and the influence of demographic profile on turnover intention and job performance. The results show that management communication, management support and organizational culture difference influence good or poor job performance. Results also indicate that turnover intention and job performance differ per given demographic profile.
Download or read book Organizational Psychology of Mergers and Acquisitions written by Camelia Oancea and published by Routledge. This book was released on 2020-06-08 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: Organizational Psychology of Mergers and Acquisitions provides a comprehensive perspective that helps you understand, empathise and protect the wellbeing of employees who experience mergers and acquisitions. This book gives a state-of-the-art review that crosses different subjects within psychology including psychobiology, neuroscience, social psychology, interpersonal relationships, and organizational psychology. This book discusses why many employees think of mergers or acquisitions as scary or threatening events, why negative emotions are prevalent, their psychobiological impact and how to assess employees’ emotional responses using a new toolkit. It helps readers learn what counts as good leadership, considering the role of charisma, personality, context and information processing abilities. This book includes the issue of organizational learning, and the relevance of occupational health and safety to due diligence about mergers and acquisitions through case studies about organizations sued for cancer or cancer-related mortality after a merger or acquisition. This book is mandatory reading for students, academics, and practitioners working with organizations experiencing a merger or an acquisition such as consultants, human resource professionals, psychologists, occupational health professionals, and employees involved in strategy, management, or people development.
Download or read book Bank Mergers Acquisitions written by Yakov Amihud and published by Springer Science & Business Media. This book was released on 2013-04-17 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the financial services industry becomes increasingly international, the more narrowly defined and historically protected national financial markets become less significant. Consequently, financial institutions must achieve a critical size in order to compete. Bank Mergers & Acquisitions analyses the major issues associated with the large wave of bank mergers and acquisitions in the 1990's. While the effects of these changes have been most pronounced in the commercial banking industry, they also have a profound impact on other financial institutions: insurance firms, investment banks, and institutional investors. Bank Mergers & Acquisitions is divided into three major sections: A general and theoretical background to the topic of bank mergers and acquisitions; the effect of bank mergers on efficiency and shareholders' wealth; and regulatory and legal issues associated with mergers of financial institutions. It brings together contributions from leading scholars and high-level practitioners in economics, finance and law.
Download or read book Mergers and Acquisitions in the European Banking Sector written by Daniel Wülbern and published by GRIN Verlag. This book was released on 2005-05-14 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2005 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: 1, ESCP Europe (Department Finance), language: English, abstract: The banking sector in Europe is bound to change its shape soon. In many countries the banking sector is still highly fragmented, especially in Germany and Italy. EU Banks need to grow in size if they want to be able to compete globally with financial titans such as Citigroup. This study aims at analysing the key drivers and success factors for external growth via Mergers and Acquisitions (M&A) in the European banking sector. After explaining the theoretical background of Mergers and Acquisitions (Chapter 2), the study examines the current condition of the EU banking sector followed by a more detailed view on the main markets and players (Germany, UK, France, Spain, Italy) focussing on their potential role in a future consolidation process (Chapter 3). It seems that important obstacles for consolidation have been removed and banks may indeed engage in domestic and even cross border M&A. A detailed comparison of Europe’s largest banks will complement this section. By analysing paid premiums in the five key European economies, we will draw conclusions on the influence of market structure on the potential for consolidation. In Chapter 4, the Banco Sabadell - Banco Atlantico case is analysed and discussed as an example of a domestic bank merger. Emphasis is put on the logic behind the operation, performance measurement and its strategic impact. The question, if value has been created for shareholders as well as other stakeholders, will be addressed. This recent case (2004) only allows for a preliminary analysis of the success of the transaction, particularly in terms of achieved synergies versus expected synergies. The case evidences typical sources for higher synergies in domestic M&A but reveals also important sources of synergies that would apply in cross border operations. In the final conclusion (Chapter 5), the market analysis is put into perspective to recent developments and briefly compares it with the US Banking market. Key observations from the case study are summarized and finally this section aims at developing different scenarios for a future consolidation within the European banking sector.
Download or read book A Comprehensive Guide to Mergers Acquisitions written by Yaakov Weber and published by Pearson Education. This book was released on 2014 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leverage today's most complete and practical framework for driving superior business value from mergers and acquisitions -- both domestic and international. A Comprehensive Guide to Mergers and Acquisitions Management focuses on critical success factors across every stage of the process, including planning, screening, negotiation, due diligence, transition management structures, post-merger integration, leadership and trust, cultural integration, HR practices, control, monitoring, and more. Authored by Yaakov Weber, an international expert in M&A management, strategic alliances, and strategic management, this book's uniquely interdisciplinary approach fully addresses both operational and cultural requirements, supporting participants in every role. Replete with recent examples and cases, it pays special attention to crucial strategic and behavioral linkages between pre- and post-merger stages, explaining why they are so important and how they can be managed to create maximum value. Throughout, Weber provides practical tools, tables, and figures that can help M&A implementers ensure best performance and achieve success where others have failed. As just one example, he provides proven instruments for analyzing cultural differences and the potential for synergy, and translating that potential into reality. For multiple audiences, including board members and top executives who must evaluate the strategic and financial issues associated with M&A; investment bankers, VCs, and other investors who must screen and select acquisitions; managers who must execute business combinations; consultants in strategy, HR, culture, and other areas; and faculty and students in executive education, MBA, and BA-level business programs.
Download or read book Mergers and Acquisitions in the U S Banking Industry written by Gabriel A. Hawawini and published by North Holland. This book was released on 1990 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presented in this book is a comprehensive empirical analysis of mergers and acquisitions in the U.S. banking industry. The purpose of the study is to examine the merger phenomenon in the banking industry by answering the following questions: - What are the incentives for banks to merge? - Has the prohibition of interstate banking prevented banks from diversifying and has it increased the rate of bank failures by restricting (geographical) diversification opportunities? - Are bank mergers wealth-creating activities and how are the gains/losses from a merger distributed between the acquiring and acquired bank shareholders? - How can the changes in shareholder wealth resulting from bank mergers be explained and are there differences between interstate and intrastate mergers? - What are the implications of the study's findings for regulatory policy? Theory and practical implications are blended in this book which should appeal to both academics and practitioners in the field
Download or read book OCCUPATIONAL STRESS JOB PERFORMANCE AND JOB SATISFACTION written by Dr. M. Santhi and published by Lulu.com. This book was released on 2019-01-21 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: An organization without working professionals cannot be built. Human resource is a 'real asset' to the organization. How best it can be utilized lies in the hands of managers who strive for the attainment of organizational goals. They have to adopt a comprehensive approach to manage people, develop their skills and create a work spirit in the minds of employees. In the present uncertain economic environment, many employees are finding it difficult to get out of the work redundancies. Further, to perform duties at a higher level for a long period, the employees are stained. In the process of work accomplishment, most of the employees in many organizations face stress in satisfying the demands of the employers. The word 'stress' is a complex phenomenon experienced by most of the individuals and it is related to their emotions. Stress is a discomfort of an individual.
Download or read book The Psychology of Organizational Change written by Shaul Oreg and published by Cambridge University Press. This book was released on 2013-04-18 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume examines organizational change from the employee's perspective.
Download or read book The Complete Guide to Mergers and Acquisitions written by Timothy J. Galpin and published by John Wiley & Sons. This book was released on 2010-12-23 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mergers and acquisitions (M&A) experts Tim Galpin and Mark Herndon present an updated and expanded guide to planning and managing the M&A process. This comprehensive book is unique in providing the tools to address both the human and operational sides of integration. Based on the authors' consulting experience with numerous Fortune 500 companies, this resource will help organizations capture deal synergies more quickly and effectively. Augmenting their step-by-step advice with helpful templates, checklists, graphs and tools, Galpin and Herndon provide sound guidance for successfully integrating different processes, organizations, and cultures. The authors also address pre-deal do’s and don’ts, people dynamics, common mistakes, communications strategies, and specific actions you can take to create measurable positive results throughout the integration process. The revised edition not only updates case studies and presents recent integration research, but it also adds new tools.
