Consumer reactions to the merger: Understanding the role of pre-merger brands
Autor: | Ronald E. Goldsmith, Dave McMahon, Melinda A. McLelland |
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Rok vydání: | 2014 |
Předmět: | |
Zdroj: | Journal of Brand Management. 21:615-634 |
ISSN: | 1479-1803 1350-231X |
DOI: | 10.1057/bm.2014.28 |
Popis: | Mergers are a common phenomenon in the business world despite statistics showing the high failure rates of mergers. A lack of focus on the consumer is often noted as a contributing factor to these merger failure rates. As such, this research focuses on consumer reactions to mergers by exploring the role of consumer attitude and service perceptions of the pre-merger brands. A carefully controlled experiment examines both pre-merger and post-merger brand attitudes and service perceptions. In addition, the role of perceived fit in shaping perceptions of the merger is explored. Overall, this study enhances the existing literature by providing a foundation for understanding how consumers initially react to the announcement of a merger involving their own brand. Several managerial implications emerge from the study findings. |
Databáze: | OpenAIRE |
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