Tying the Acquirer's Human Resource Management Quality to Cross‐Border Acquisition Divestment Probability: Curvilinear Connection with Slacklining

Autor:	Pierre-Xavier Meschi, Emma Avetisyan, Emmanuel Metais, Yehuda Baruch, Anne Norheim-Hansen
Přispěvatelé:	Audencia Business School, Pôle Trajectoires - Rouen Business School (Tr@jectoires), Rouen Business School, Centre d'Études et de Recherche en Gestion d'Aix-Marseille (CERGAM), Aix Marseille Université (AMU)-Université de Toulon (UTLN), Edhec Business School, EDHEC Business School, EDHEC Business School (EDHEC), Université catholique de Lille (UCL)
Rok vydání:	2020
Předmět:	Curvilinear coordinates 050208 finance Strategy and Management media_common.quotation_subject Tying 05 social sciences [SHS.ECO]Humanities and Social Sciences/Economics and Finance [SHS.MUSEO]Humanities and Social Sciences/Cultural heritage and museology General Business Management and Accounting [SHS]Humanities and Social Sciences Connection (mathematics) Management of Technology and Innovation Human resource management 0502 economics and business [SHS.GESTION]Humanities and Social Sciences/Business administration Quality (business) Business ComputingMilieux_MISCELLANEOUS 050203 business & management Industrial organization Divestment media_common
Zdroj:	British Journal of Management British Journal of Management, Wiley, 2020, 31 (3), pp.568-588. ⟨10.1111/1467-8551.12403⟩
ISSN:	1467-8551 1045-3172
DOI:	10.1111/1467-8551.12403
Popis:	International audience; Cross-border acquisitions are growing in volume and global economic importance, yet a considerable number end in failure. Many of these failures may be linked to people management-related issues. We extend this stream of research by investigating the impact of the acquirer’s aggregate human resource management (HRM) quality on cross-border acquisition divestment. Our empirical analysis uses a panel database of 4128 cross-border acquisition/year observations and an event history design. The findings confirm a curvilin- ear relationship and suggest that acquisition failures are not merely associated with poor HRM quality, but also with very high levels of HRM quality, that is, with both extremes. Moreover, our results show that financial slack has a significant moderating effect on the curvilinear relationship between HRM quality and the likelihood of acquisition divest- ment. Overall, our study reveals boundary conditions for the widely demonstrated posi- tive relationship between HRM quality and organizational performance in an acquisition context.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_dedup___::a026cadb7f80d5321d35662482559ab2 https://doi.org/10.1111/1467-8551.12403 Zobrazit plný text záznamu Plný text ve formátu PDF Plný text ve formátu HTML
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