Consumer reactions to the merger: Understanding the role of pre-merger brands

Autor: Ronald E. Goldsmith, Dave McMahon, Melinda A. McLelland
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