Author

  • Vijay Joshi

    • UCCMS, MLSU, Udaipur, India
    • India

  • K.A. Goyal

    • BIT-WCAS, Muscat, Oman
    • Oman

Abstract

Mergers and Acquisitions (M&As) is one of the most accepted inorganic strategic tool in the hands of decision makers. Though, it is a major decision as it requires huge investments but it propels the wings of growth instantaneously and such investment decisions are largely based on financial aspects of business. It brings growth as well as unavoidable challenges for Transferor and transferee Company. Such challenges may include work culture related factors and psychological factors, which directly affect the work force of the transformer company as it is observed in case of ICICI Bank and the Bank of Rajasthan Ltd. BoR amalgamation when all the bank employees of BoR agitated. Therefore, the aim of this research paper is to identify the most prominent factors (merger stressors) which affect the stress level of bank employees during post merger. The factors are divided into two heads i.e. work culture related factors and psychological factors which covers total 13 and 11 factors respectively. For this purpose, a large sample of 60 BoR bank employees has been drawn from Udaipur city and the factor analysis has been performed. We found that cultural fit and HR policy framework are two prominent factors for high level of stress and dissatisfaction among bank employees. This study is a small contribution for the betterment of the bank employees and provides guidelines for bank policy makers, strategists, scholars and researchers.

Keywords

References

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How to Cite

Joshi, V., & Goyal, K. (2013). Post-Merger Appraisal of Stress Level among Bank Employees: A Case Study. Journal of Social and Development Sciences, 4(4), 152-163. https://doi.org/10.22610/jsds.v4i4.746

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Research Paper

Published in

Vol. 4 No. 4 (2013) People, Ethics & Quantitative Inquiry View issue contents

Published

2013-04-30

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