Supply-chain corporate venturing through acquisition: Key management team retention

Kiessling, Timothy, Harvey, Michael and Moeller, Miriam (2012) Supply-chain corporate venturing through acquisition: Key management team retention. Journal of World Business, 47 1: 81-92. doi:10.1016/j.jwb.2010.10.023

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Author Kiessling, Timothy
Harvey, Michael
Moeller, Miriam
Title Supply-chain corporate venturing through acquisition: Key management team retention
Journal name Journal of World Business   Check publisher's open access policy
ISSN 1090-9516
1878-5573
Publication date 2012-01-01
Year available 2010
Sub-type Article (original research)
DOI 10.1016/j.jwb.2010.10.023
Volume 47
Issue 1
Start page 81
End page 92
Total pages 12
Place of publication Kidlington, Oxford, United Kingdom
Publisher Pergamon
Collection year 2011
Language eng
Abstract Acquisitions are often used as a way to engage in corporate venturing. The value of these ventures tends to reside in the knowledge and capabilities of the key management team members who have and maintain key inter-organizational relationships. Because their knowledge and/or relationships may be tacit and therefore difficult to transfer, retaining the key managers in the acquired organization is often a critical issue for the human resource management of the acquiring organization. They are also frequently thought to be critical elements in the future performance in global supply chains and therefore, should be a key concern of human resource management after the acquisition has been culminated. Using a unique dataset of corporate acquisitions in supply-chains, we examine how the development of the psychological contract elements affects retention of critical key global managers. We find that higher retention of the key management team members leads to higher performance after acquisition. We also find that the development of the psychological contract has a positive impact on the retention of key managers with global supply-chain relations. © 2010.
Keyword Resource base view
Acquisitions
Psychological contract
Corporate venturing
Q-Index Code C1
Q-Index Status Confirmed Code
Institutional Status UQ
Additional Notes Available online 5 November 2010

Document type: Journal Article
Sub-type: Article (original research)
Collections: Official 2011 Collection
UQ Business School Publications
 
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Citation counts: TR Web of Science Citation Count  Cited 6 times in Thomson Reuters Web of Science Article | Citations
Scopus Citation Count Cited 6 times in Scopus Article | Citations
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Created: Tue, 22 Feb 2011, 21:50:04 EST by Karen Morgan on behalf of UQ Business School