Presentation Details

The Fourth International Conference on Knowledge, Culture and Change in Organisations

Mergers’ and Acquisitions’ Impact on Psychological Contract Breach: The case of non-managerial employees

Victoria Bellou.


This study examines two major propositions: (a) the change in psychological contract due to mergers (M) and acquisitions (A), and (b) the way M&A affect employees’ perception of psychological contract breach. Moreover, the differences in employees’ perception regarding their psychological contract, based on their ability to cope with organizational changes, were investigated. The study took place in Greece, where data from 255 non-managerial employees, who had recently gone through a MorA, were obtained. Statistical analysis proved that under these circumstances, psychological contract does change and that current psychological contract is more severely broken than the previous one. However, coping with changes ability differentiates perceptions regarding only contract change. Discussion and limitations follow.

Presenters

Victoria Bellou  (Greece)
PhD Student in Business Administration

University of Piraeus, Piraeus, Greece

I was born in 1977. I earned my Degree in Business Administration with honours at the University of New Haven, CT, USA in 1998. I earned my MBA in Business Administration at the University of Macedonia, Thessaloniki, Greece in 2000. I am currently a PhD Student at the University of Piraeus, Piraeus, Greece. My thesis title is: Psychological contract breach during mergers and acquisitions: The Greek case. My graduate studies have been sponsored by the Federal Institution for Scholarships whereas my doctorate by the Public Benefit Foundation Alexandros S. Onassis. I have also workes as a HR Specialist for three and a half years at the "Mellon" Group of Companies.

Keywords
  • psychological contract
  • mergers
  • acquisitions
  • employees
  • Greece



(Virtual Presentation, English)