Mergers and Acquisitions: Turmoil in Top Management Teams by Jeffrey Krug

Mergers and Acquisitions: Turmoil in Top Management Teams by Jeffrey Krug

Mergers and acquisitions can be tumultuous for executives. Target companies can expect to lose close to 40 percent of their top management team within two years after acquisition. Executives who stay often lose status and autonomy and view their company's acquisition as detrimental to themselves both personally and professionally. It is common for acquiring firms to replace target executives with their own shortly after an acquisition. The evidence, however, shows clearly that doing so leads to lower target company performance. Why, then, are acquiring firms so quick to replace target company executives after an acquisition? This book provides executives with an in-depth look at the consequences of M&As for acquired top management teams. It examines M&As as a corporate growth strategy, the importance of top management teams to a firm's long-term performance, the reasons why executives depart after an acquisition, and the effects of these departures on target company performance. It then discusses when executive turnover may be desirable or undesirable and how acquiring firms can more effectively manage target company executive teams during the integration process. An

Jeffrey Krug, Jack & Vada Reynolds Chair in International Business Director, International Business Center, Loyola University New Orleans.

SKU	Unavailable
ISBN 13	9781606490563
ISBN 10	1606490567
Title	Mergers and Acquisitions: Turmoil in Top Management Teams
Author	Jeffrey Krug
Condition	Unavailable
Binding Type	Paperback
Publisher	Business Expert Press
Year published	2010-01-16
Number of pages	144
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.