Académique Documents
Professionnel Documents
Culture Documents
14
(Kotter and Schlisinger, 2008; Child, 2005; Kotter, 1995). According to Wieckrmasinghe and
Karunaratne (2009), employees are particularly
concerned about "changes in pay and benefits,
changes in the job, role, and assignments, changes in performance evaluation systems, transfers
to new jobs, and changes in career paths" (Ivancevich, Schweiger, and Power, 1987). These
uncertainties could trigger negative reactions,
including less motivation and lower performance
(Papadakis, 2005; Schweiger and Weber, 1989).
When employees perceive HRM practices
as supporting them and reducing uncertainty,
social exchange theory (Sun et al., 2007) states
that they are more committed, perform better,
and will go above and beyond what is expected
(extra-role performance). Similarly, aecording
to social exchange theory, when employees have
a voice in the changes and the HR practices are
apphed in a fair and consistent manner, employees may reciprocate by exhibiting extra-role
performance (Blau 1964; Seo and Hill, 2005).
Hypothesis 1: Employee perceptions of human
resource practices are positively related to
employee extra-role performance.
15
16
17
t/3
01
18
I
.00
.02
-.39**
-.01
.11**
-.16**
.16**
-.38**
.22
.28
.45
.47
.46
.43
.96
.87
1.20
.04
.05
.09
.27
.34
.30
.24
3.64
4.38
4.54
4.20
7. India
8. Benefits
Business Group
9. Consulting
Business Group
10. HR
Business Group
U. HR Practices
12. Organization
Leadership
13. Merger
Perceptions
14. Extra-Role
Performance
ON
*
*
,(
ON
.03**
.02
-.22**
-.13**
.09**
-.07**
-.02
-.01
-.03
.02
-.01
-.10**
21**
.15*
.62**
.66**
13**
.07*
13** .21**
.56**
.05*
-.15** .17**
-.14**
-.16** .18**
34**
-.40** -.36**
-.47**
.00
-.10**
-.14** .16**
-.03*
.22**
.07**
-.26**
-.13** .11**
.02
.01
.04**
-.23**
-.02
in
.07**
ON
-.05**
*
*
p
-.14**
o
m
-.05**
.02
11
*
*
- 31**
O\
-.07**
00
.08**
*
*
*
*
.05**
-.19**
O\
.18**
(Tl
-.07**
-.06**
2u
6. Europe
-.05**
(ti
-.23**
5. Canada
1 4. Asia
-.13**
-.10**
-.06**
ON
1 3. Americas
33**
-.05**
-.05**
.50
3.52
.38
.82
.48
1 2. Tenure
1 1. Organization
S.D.
2
.2
Mean
et
1 Variable
ci
*
*
r~:
*
*
CM
V
*
*
V
*
ON"
Os
.61**
Extra-Role
Performance
Extra-Role
Performance
Extra-Role
Performance
Merger
Process
-.04**
-.16**
.09**
.05**
.02
-.01
.19**
.04
-.05**
-.03**
.10**
.02
.02
.03*
.04*
.01
-.03**
-.04**
.08**
.01
.01
.03
.02
-.01
-.07**
-.06**
.09**
.06**
.04*
-.03
22**
-.08**
.03**
.06**
.03**
.02
.00
.11**
.07**
.00
.02
.02
.00
.01
.12**
.02
.01
.05**
.56**
.50**
.25**
.28**
.18**
44**
Step 2
HR
Practices
Organizational
Leadership
Step 3
Merger
Perceptions
Merger
Process
22**
R2
AR2
.09**
AF
52.95**
.60
.51**
3442.78**
.62
.02**
204.09**
.08**
34.78**
.44
.36**
1293.43**
Discussion
This study contributes to human resource management and merger and acquisition Uterature by
19
20
conclusions outside of this organization's parameters. This limitation can be addressed hy collecting data in multiple organizations.
Practical Implications
The findings of this study have implications
for researchers, hut particularly for managers specifically for managers in the focal company.
For scholars this study contrihutes to an area of
research that has received little attention in the
M&A literature. Our aim was to generate insights
and increase our understanding of the relationship between HRM practices and performance
in the context of a merger as well as encourage
other scholars to examine the impact of HRM
practices in a merger context.
The results provide valuable information
for managers as they show that HR practices
positively affect individual employee extra-role
performance. Important practices in this process
include clarity in performance objectives, rewards for what gets done right, acknowledging
what is not working, as well as being transparent, visible, open, and honest. Additionally, this
paper shows the importance of good leadership
in an M&A process. According to Nadeler and
Tushman (1989), a "leader serves as the focal
point for the change. His/her presence needs to...
capture and mohihze the hearts and minds of the
people in the organization." Other ways managers can assist employees during and after a merger include helping them be open-minded, patient,
positive, and giving them the tools they need to
be flexible and agile, while using humor to keep
the working atmosphere pleasant. As over a
third of the working population will experience
a merger or acquisition at some point in their
careers, both employees and managers will gain
experience in dealing with this type of organizational change and discover which practices work
best for them and the organization.
Juliette Buiter has an extensive academic background in management and human resources,
and currently serves as HR business partner at
Aon in Rotterdam, the Netherlands. Dr. Harris,
who has published and presented at conferences,
focuses his research on strategic human resource
management, human capital, and organizational
citizenship behaviors.
REFERENCES
Amiot, C.E., Terry, D.J., Jimmieson, N.L., and Callan, V.J.
(2006). A longitudinal investigation of coping process-
21
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