M&As and performance: a multi-method study on dynamics of success in post integration stage

Abstract

The aim of this dissertation is to examine the dynamics of post-M&A performance in several cases selected within the Turkish business environment and it endeavors to determine whether M&A performance can be explained by a model developed from the literature. An e-survey to middle and upper level managers, as well as in-depth interviews were conducted to accomplish the research on three M&A deals with at least one side being a multinational company. Among the unique characteristics of this study are the integrative, holistic approach for understanding the post-M&A process by incorporating multiple methods of investigation such as survey and case study methodologies. Moreover the study incorporates different literature perspectives to get a better understanding of the post-M&A integration and to determine the precursors that lead to the perceived success of the partnership. The significance of this study is rooted in the fact that this research was conducted to integrate and extend the existing body of knowledge regarding the precursors of post-M&A success from the perspective of integrating the people and the tasks of the joining firms. The research findings demonstrate a harmony between the qualitative and quantitative analysis, which contribute to the potential awareness on accurately assessing, understanding, and utilizing post-M&A dynamics for both researchers and practitioners.