In a paper published by the International Journal of Accounting and Financial Reporting, Dushica Stevchevska Srbinoska analyses some of Macedonia’s largest corporations to determine what made their mergers work. The paper argues that companies should work with their would-be partners early in the transaction process to establish new teams, goals, and deadlines for the merger. This can be hastened, the author suggests, by establishing “integration teams” that have “unlimited access” to the data of the two companies and can quickly deliver them to both companies’ decision-makers. Companies also should move early and efficiently to retain key staff, especially when layoffs are anticipated.
Read more in the International Journal of Accounting and Financial Reporting >