Mergers and Acquisitions in Practice

8The Role of Human Resource Management Practices in Mergers and Acquisitions

Sut I Wong, Elizabeth Solberg, Paulina Junni, and Steffen Robert Giessner

Introduction

Mergers and acquisitions (M&As) have been increasingly used in the past decade as a strategic means for companies to gain competitive advantages (Lakshman 2011), such as knowledge capital management and international market penetration. Economic synergies obtained through domestic or international M&As are considered particularly important in the current global business environment (Lupina- Wegener 2013; Weber and Fried 2011). Notwithstanding this, M&As also come with challenges. It is well recognized that M&As are one of the most extreme forms of organizational change (Hogan and ...