Allocation Processes in Mergers and Acquisitions: An Organizational Justice Perspective
从组织公正视角研究并购中人力资源等象征性资源的分配过程，分析管理者在分配公正与程序公正规则间的权衡及制约因素，发现公平规则与程序公正结合能兼顾经济效率与关系维护，但受权力关系和模糊性影响。
This paper contributes to the understanding of allocation processes in mergers and acquisitions by applying an organizational justice perspective. This is a perspective that has been neglected in past research on mergers and acquisitions, but which is important in understanding the challenges managers face in allocating human resources and other resources of symbolic importance. In particular, the paper examines the trade‐offs between multiple goals in selecting distributive and procedural justice rules, and identifies factors that constrain these choices. Mergers and acquisitions are typically driven by multiple motives. The findings presented in this paper suggest that there are different approaches to applying justice rules in mergers and acquisitions and that these approaches have different implications for meeting multiple goals. The choice of equity in combinations with fair procedural rules is an approach which complies with the two goals of maximizing economic productivity and fostering relationships. However, the choice of this approach rests upon an unbalanced power relationship and relatively low ambiguity. When there is a high degree of ambiguity and a balanced power relationship, management has to make trade‐offs between maximizing economic productivity and fostering relationships.