Please use this identifier to cite or link to this item: https://hdl.handle.net/20.500.14279/22855
Title: Marriage to the Same Kind: Organizational Political Ideology and Mergers and Acquisitions
Authors: Chow, Dawn Yi Lin 
Louca, Christodoulos 
Petrou, Andreas 
Procopiou, Andreas 
Major Field of Science: Social Sciences
Field Category: Economics and Business
Keywords: Employee retention;Identity;Mergers and acquisitions;Panel and pooled analysis;Political ideology
Issue Date: 2021
Source: Organization Studies, 2021
Journal: Organization Studies 
Abstract: This study contributes to the growing literature on organizational political ideology by positing that acquiring firms choose targets with similar organizational political ideology in their effort to retain employees post-merger. Using a sample of M&A announcements in the United States from 1996 to 2014, we find a positive relationship between the similarity of political ideologies of the merging organizations and the likelihood of M&A announcement. In addition, we find that our main relationship is stronger the more homogeneous the organizational political ideology of the acquirer, and the more the human capital intensity of the merging firms. In addition, we find support for the proposed mechanism that drives the main relationship. We thus introduce the concept of organizational political ideology into the debate over the influence of organizational values in M&As, and we extend the theoretical application of political ideology to settings with inter-organizational partnerships.
URI: https://hdl.handle.net/20.500.14279/22855
ISSN: 1741-3044
DOI: 10.1177/0170840621989006
Rights: © SAGE
Attribution-NonCommercial-NoDerivatives 4.0 International
Type: Article
Affiliation : The Open University of Hong Kong 
Cyprus University of Technology 
University of Liverpool 
Appears in Collections:Άρθρα/Articles

CORE Recommender
Show full item record

SCOPUSTM   
Citations 50

7
checked on Nov 6, 2023

WEB OF SCIENCETM
Citations

7
Last Week
0
Last month
1
checked on Oct 29, 2023

Page view(s) 50

206
Last Week
1
Last month
4
checked on Feb 26, 2024

Google ScholarTM

Check

Altmetric


This item is licensed under a Creative Commons License Creative Commons