DOI QR코드

DOI QR Code

A Study on the Organizational Politics and Turnover Intention by Position in the Mergers and Acquisitions

M&A 과정에서 직급별로 인지하는 조직정치와 이직 의도에 관한 연구

  • 정병호 (상지대학교 빅데이터사이언스학과) ;
  • 이재진 (인하대학교 산업경영학과)
  • Received : 2021.07.03
  • Accepted : 2021.07.29
  • Published : 2021.09.30

Abstract

The purpose of this study is to examine the organizational politics, resistance change, turnover intention, and organizational commitment of organizational members during mergers and acquisitions. Recently, many companies are interested in mergers and acquisitions for business diversification and market extension. A merger is a legal consolidation of two entities into one, whereas an acquisition occurs when one entity takes ownership of another entity's stock, equity interests, or assets. This research model establishes a structural equation model. This model is set in a causal relationship between manager's organizational politics, peer organizational politics, and change resistance and the change resistance has a causal relationship of turnover and tissue immersion. In particular, this study will test different of organizational politics by position. Research results, the organizational politics of managers and colleagues have shown increasing change resistance. The change resistance has resulted in a reduction of organizational commitment and an increase of turnover intention. Next, the position analysis showed that top management level, middle management level, and working-level officials showed different organizational politics. The working-level officials are influenced by their manager politics and are influenced in organizational commitment and turnover intention by change resistance. The middle manager level is influenced by the organizational politics of bosses and colleagues, and organizational commitment is weakened by change resistance. The CEO level is not affected by organizational politics in the company, but the turnover intention is strengthened and the organizational commitment is weakened by the change resistance. This study has contributed to further updating the theory of organizational politics based on mergers and acquisitions. As a practical implication, we suggest an organizational integration strategy for a new organization.

Keywords

Acknowledgement

이 논문은 인하대학교의 지원에 의하여 연구되었음

References

  1. Schwab, K., The fourth industrial revolution., 2017.
  2. Laudon, K. C. and Laudon, J. P., Management information systems. Upper Saddle River: Pearson, 2015.
  3. 김성건, "M&A 이후 인적통합전략이 변화수용성과 조직몰입에 미치는 영향에 관한 연구," 기업경영연구, 제20권, 제5호, 2013, pp.241-263.
  4. Robbins, S. P. and Judge, T. A., Organizational behavior, pearson, 2013.
  5. Kinicki, A. and Kreitner, R. Organizational behavior: Key concepts, skills & best practices. Columbus, McGraw-Hill/Irwin, 2006.
  6. Robbins, S. P., Coulter, M. K. and DeCenzo, D. A., Fundamentals of management, 2017
  7. Seo, M. G., & Hill, N. S., "Understanding the human side of merger and acquisition: An integrative framework. The Journal of Applied Behavioral Science," Vol.41, No.4, 2005, pp.422-443. https://doi.org/10.1177/0021886305281902
  8. Schuler, R. S., Jackson, S. E. and Storey, J., HRM and its link with strategic management, Human resource management: A critical text 2, 2001, pp.114-130.
  9. Wijnhoven, F., Spil, T., Stegwee, R. and Fa, R. T. A., "Post-merger IT integration strategies: An IT alignment perspective," The Journal of Strategic Information Systems, Vol.15, No.1, 2006, pp.5-28. https://doi.org/10.1016/j.jsis.2005.07.002
  10. Stylianou, A. C., Jeffries, C. J. and Robbins, S. S., "Corporate mergers and the problems of IS integration," Information & Management, Vol.31, No.4, 1996, pp.203-213. https://doi.org/10.1016/S0378-7206(96)01082-8
  11. Birkinshaw, J., Bresman, H. and Hakanson, L., "Managing the post-acquisition integration process: How the human integration and task integration processes interact to foster value creation," Journal of management studies, Vol.37, No.3, 2000, pp.395-425. https://doi.org/10.1111/1467-6486.00186
  12. Larsson, R. and Finelstein, S., "Integrating strategic, organizational and human resource perspectives on mergers and acquisitions: A case study of synergy realizations," Organization Science, Vol. 10, 1999, pp.1-26. https://doi.org/10.1287/orsc.10.1.1
  13. Cartwright, S. and Cooper, C., "The psychological impact of merger and acquisition on the individual: A study of building society managers," Human Relations, Vo. 46, No. 3, 1993, pp.327-347 https://doi.org/10.1177/001872679304600302
  14. Preffer, J. Power in Organizations London: Pitman, 1981.
  15. Mintzberg, H., "The organization as political arena," Journal of management studies, Vol. 22, No.2, 1985, pp.133-154. https://doi.org/10.1111/j.1467-6486.1985.tb00069.x
  16. Gandz, J. and Murray, V. V., "The experience of workplace politics," Academy of Management journal, Vol.23, No.2, 1980, pp.237-251. https://doi.org/10.2307/255429
  17. Kumar, P. and Ghadially, R., "Organizational politics and its effects on members of organizations," Human Relations, Vol. 42, No. 4, 1989, pp.305-314. https://doi.org/10.1177/001872678904200402
  18. Dawson, P. M. Organizational change: A processual approach, Paul Chapman Publishing, 1994.
  19. Chawla, A. and Kelloway, E. K., "Predicting openness and commitment to change," Leadership & Organization Development Journal, 2004.
  20. Porter, L. W., Crampon, W. J. and Smith, F. J., "Organizational commitment and managerial turnover: A longitudinal study," Organizational behavior and human performance, Vol.15, No.1, 1976, pp.87-98. https://doi.org/10.1016/0030-5073(76)90030-1
  21. O'Reilly C. and Chatman J., "Organizational commitment and psychological attachment: the effects of compliance, identification and internationalization on prosocial behavior," Journal of Applied Psychology Vol.71, 1986, pp.492-499. https://doi.org/10.1037/0021-9010.71.3.492
  22. Meyer, J. P., Allen, N. J. and Smith, C. A., "Commitment to organizations and occupations: Extension and test of a three-component conceptualization," Journal of applied psychology, Vol.78, No.4, 1993, pp. 538-551. https://doi.org/10.1037/0021-9010.78.4.538
  23. Dappa, K., Bhatti, F., and Aljarah, A. "A study on the effect of transformational leadership on job satisfaction: The role of gender, perceived organizational politics and perceived organizational commitment. Management," Science Letters, Vol.9, No.6, 2019, pp.823-834.
  24. Price, J. L., "The impact of turnover on the organization," Work and occupations, Vol.16, No.4, 1989, pp.461-473. https://doi.org/10.1177/0730888489016004005
  25. Mobley, W. H., "Some unanswered questions in turnover and withdrawal research," Academy of management review, Vol.7, No.1, 1982, pp.111-116. https://doi.org/10.5465/AMR.1982.4285493
  26. March, J.G. and Simon, H.A., Organizations. New York: John Wiley, 1958.
  27. Tett, R. P. and Meyer, J. P., "Job satisfaction, organizational commitment, turnover intention, and turnover: path analyses based on meta-analytic findings," Personnel psychology, Vol.46, No.2, 1993, pp.259-293. https://doi.org/10.1111/j.1744-6570.1993.tb00874.x
  28. Chinomona, R., and Chinomona, E., "The influence of employees' perceptions of organizational politics on turnover intentions in Zimbabwe's SME sector," South African Journal of Business Management, Vol.44, No.2, 2013,pp. 57-66. https://doi.org/10.4102/sajbm.v44i2.156
  29. Jung, Byoungho, Kim, Sunggun. and Kim, Joongwha., "Integration strategy and organizational citizenship behaviors in split-offs. Journal of Economic Development, Management," IT, Finance, and Marketing, Vol.7, No.1, 2015, pp.61-74.
  30. 김성건.정병호.김중화, "분할 기업에서 조직정치지각과 공정성에 따른 변화저항 연구," 디지털융복합연구, 제16권, 제4호, 2018, pp.55-67. https://doi.org/10.14400/JDC.2018.16.4.055
  31. Khuwaja, U., Ahmed, K., Abid, G., and Adeel, A., "Leadership and employee attitudes: The mediating role of perception of organizational politics," Cogent Business & Management, Vol.7, No.1, 2020, 1-21.
  32. Oreg, S., "Personality, context, and resistance to organizational change," European journal of work and organizational psychology, Vol.15, No.1, 2006, pp.73-101. https://doi.org/10.1080/13594320500451247
  33. Hair, Joseph F., Multivariate data analysis, 2010.