| Pub. Date | : Feb, 2024 |
|---|---|
| Product Name | : The IUP Journal of Bank Management |
| Product Type | : Article |
| Product Code | : IJBM020224 |
| Author Name | : Arzoo Gupta and Vandana Pareek |
| Availability | : YES |
| Subject/Domain | : Finance |
| Download Format | : PDF Format |
| No. of Pages | : 25 |
This paper systematically examines human influence on M&A success, addressing a literature gap by proposing managerial, organizational and behavioral attributes (MOBA) framework. The study uses a systematic literature review and thematic analysis to investigate the impact of executives' traits on M&A success, analyzing 124 studies from 2017 to 2023. It identifies eight key themes: leadership styles, decision-making capabilities, managerial abilities, psychological biases, risk attitudes, stress management strategies, sociocultural factors, and language influences. The MOBA framework, a three-dimensional model, is developed to understand the interplay between managerial attributes, behavioral attributes, and organizational factors in M&A success. The paper emphasizes the importance of non-financial metrics for a comprehensive post-merger performance evaluation. It provides insights into managerial capability's impact on performance, revealing connections between various managerial dimensions. The findings are particularly relevant to the banking sector and M&A-intensive industries, highlighting the need for assessing individual characteristics for strategic decision making. The paper suggests future research to refine our understanding of managerial ability in M&A contexts. It enriches our understanding of M&A by studying the interconnections between various managerial aspects, and offers a comprehensive framework for future studies.
Mergers and acquisitions (M&A) have become essential strategic tools for businesses seeking growth, competitiveness, and synergy in today's dynamic landscape. However, the successful integration of merged entities is a multifaceted process significantly influenced by various factors, among which managerial attributes play a pivotal role. This study emphasizes the critical impact of managerial capabilities and qualities on shaping the financial performance of the combined entity, following M&A endeavors (Sahu and Agarwal, 2017; and Anthony, 2019).