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Making Great Minds Think Alike: Emerging market multinational firms’ leadership effects on targets’ employee psychological safety after cross-border mergers and acquisitionsAbstract This paper examines the impact of leadership on targets’ employee psychological safety (EPS), characterized by employees’ expectation of job and remuneration stability, during the cross-border mergers and acquisitions (M&As) by emerging market multinational companies (EMNEs). The M&As by Indian and Chinese companies forms the empirical context of this study and the case survey method is used to examine the effect of leadership on EPS. The results show that the EMNEs’ leadership visibility during the M&A process has no impact on the EPS, whereas, the trust in the EMNEs’ leadership has positive effect on the EPS. The deal status has a moderating effect on the leadership visibility and positively affects the EPS. This research finds evidence of target country differences in terms of the effect of EMNEs’ leadership on EPS and limited evidence of such effect for acquirer nationality differences. Keywords: employee psychological safety, leadership, Emerging market multinational firms, M&As, India, China
Organizations and organizing in an Indian contextThis special issue aims to deepen theoretical and empirical understanding of Indian organizations and Indian markets and comment on the unique challenges confronting organizations in emerging economies. In placing the focus on organizations and organizing in an Indian context, this special issue explores the proposition that these phenomena are qualitatively different from their manifestations in other parts of the world.
To Exit or Not To Exit: That is the Question: To Build or Retreat: That is another QuestionEditorial. It has been a very interesting and tragic period for Europe over the last month. The UK voted to leave the EU in its Referendum, Its Prime Minister resigned and Teresa May has taken over as the Second female Conservative Prime Minister and formed a new government. The UK Economy took an initial battering in world markets but seems to have settled down now as global players perceive there are advantages and disadvantages for the UK in being in the EU, but the main thing is stability in global markets. It will also speed-up reform of the EU and its institutions, so this may be advantageous. We have also seen a sharp increase in horrific terror atrocities in Europe, notably France, Belgium and Germany which has pointed to the need for more effective management of our freedoms and security of our citizens. It has been a difficult Summer for Europe. We hope and pray that stability and safety will return as without that society will not be based on a balanced platform to provide for all We are also seeing the emergence of the two contenders for the US Presidency, Donald Trump versus Hilary Clinton. The non-establishment business candidate versus the female long serving politician and social reformer. Cleveland and Philadelphia have all given us insights into what is coming. In addition we will soon have elections in Germany and France, which could see major change, whilst growth in South East Asia continues steadily which can be seen in the positive meeting in Ulan Bator at the 11th ASEM Summit. World regulation and development now seems to be very much to the fore as we build and develop a truly global international economy accountable governmental and financial system, accountability, good governance and transparency will be the core underpinnings of that development This is a general issue of the Journal of Public Affairs