Mergers and Acquisitions with a reference to Ethical, Social and Human Resource

Abstract

Mergers and acquisitions are used by firms to strengthen and maintain their position in the market place. It is a way for companies to grow and expand into new markets, incorporate new technologies and to innovate and this business is rapidly increasing.Yet their success is by no means assured. To the contrary, a majority fall short of their stated goals and objectives. As a consequence, there are numerous social costs, including lost jobs, lost income to families and lost taxes to the local communities. Most of these social costs are not there when mergers and acquisitions are successful. While some failure can be explained by financial and market factors, a substantial number can be traced to neglected ethical, social &human resource issues and activities.These issues have to be resolved in order to ensure a successful merger. This paper coverstypes of mergers and acquisitions, the reasons for their successes and failures& will highlight Ethical, Social and Human Resource issues that need to be addressed while undertaking M & A activities, followed by an overview of recommendations for companies & employees.