Caretakers or HR Managers

Do human resources (HR) managers in developing countries have theclout to make strategic decisions during mergers and acquisitions (M&As)? This studyaims at establishing the major roles played by HR managers in M&As of public sectorcompanies in Ghana. The research examined the M&As of 10 Ghanaian companies where 10HR managers gave detailed narratives of their roles and the part they played in theM&A processes. The qualitative method used to solicit the narratives of the HRmanagers resulted in the following findings: that HR managers in Ghana have a limitedrole in the planning process of the M&A; that indigenous HR managers perform severaltasks in the course of the M&A to get employees stable before and after the M&Aprocesses; nevertheless, they are not part of the policy formulators. The article makesa modest input of the significance of indigenous HR role in international M&As as apanacea to solving the global crises by advocating the empowerment of HR managers indeveloping context to be partners in the initial commencement of M&As