Employee reactions to M&As and theoretical model development for Japanese crossborder M&As

Abstract

Due to the high failure rate of M&As, it is important to understand the underlying mechanics that drive M&A’s success from a theoretical viewpoint. Research on M&As has a long history of over 50 years (Cartwright et al., 2012), which was originally dominated by studies from the finance and strategic management area and has extended its boundaries into other research disciplines such as organizational behavior research (Caiazza & Dauber, 2015; Cartwright & Schoenberg, 2006; Faulkner et al., 2012a).