Open AccessPost-merger Integration Approaches: Case Analysis of the One. Vip Macedonia Merger
Author(s) -
Dusica Stevcevska Srbinoska,
Edi Smokvarski
Publication year - 2017
Publication title -
asian journal of finance and accounting
Language(s) - English
Resource type - Journals
ISSN - 1946-052X
DOI - 10.5296/ajfa.v8i2.10288
Subject(s) - restructuring , process (computing) , excellence , business , work (physics) , database transaction , risk analysis (engineering) , industrial organization , process management , computer science , law , finance , political science , engineering , mechanical engineering , operating system , programming language
Selecting the best integration approach is a meticulous and sensitive process that can mold the completion of the merger and/or acquisition transaction. In this paper, I discuss that implementing the proper integration approach leads to mitigating or increasing impending risks when going into major company restructuring events. If proper selection and execution takes place, and all related processes and expectations of the parties involved are duly taken into account, successful post-merger integration can be concluded in the Republic of Macedonia in spite of numerous difficulties. One of the greatest risk factors certainly lies in the satisfaction or dissatisfaction of the work force which is of vital meaning for the operational excellence of every entity. Three different integration approaches - absorption, symbiosis, and preservation - are observed through literature overview and particular transactions. Additionally, I study the example of the integration approach adopted by one. Vip doo Skopje following the merger of Vip operator dooel Skopje and ONE in 2015, accentuating that multiple factors can increase or deteriorate the chances of integration success.