Correlation of Communication and Compensation and Benefits on Employees Performance Mediated by Motivation Research on Companies Merger and Acquisition in Indonesia in Oil and Natural Gas Industry

Merger and Acquisition (M&A) is a common business practice in the twenty-first century. In M&A, human resource is the key to its success especially to create value-added for the company. Thereby, employees' performance shall be understood by the company towards its objectives. The purpose of this research is to examine what factors have potential effects on employees' performance in the context of companies after acquisition. Factors analyzed are communication and compensation & benefits, using motivation as a mediation factor on the relation between the factors to the employee's performance. Quantitative method is used in this research, whereas the data is collected by online questionnaire to 215 respondents of employees in four oil and gas companies in Indonesia after their acquisition by the state-owned enterprise within the period 2015-2018. Data analysis is processed with the help of SPSS of path analysis and Sobel test to test the hypotheses. Findings show that communication and compensation & benefits have a significant correlation on employees' performance. In addition, Motivation as a mediation variable also intervenes the correlation of communication and compensation & benefits to employees' performance.

«Merger and acquisition»: monopolization of electro technical market in Russia at the beginning of the XX century

Introduction. The problem of monopolization of the electric and technical market in Russia becomes the most important one during the economic modernization at the edge of XIX–XX centuries when the branches of foreign electric and technical companies are converted into Russian joint stock companies. “Electric illumination company of 1886” becomes the largest company on this market at the beginning of the XX century. Materials and Methods. The article is devoted to the research of the policy of “Electric illumination company of 1886” aimed at the acquisition of the “Shuvalov electric illumination company in Petersburg region” of the largest electro technical company – Joint stock company “Shuvalov electro technical illumination in Petersburg region” established for the purpose of illumination of country-house plots and houses in the suburb of St. Petersburg (Shuvalovo, Ozerki and Pargolovo) at the beginning of the XX century, which is based on the analysis of the archive materials contained in the Russian State Historical Archive (RSHA) and Central State Historical Archive of St. Petersburg (CSHA SPb.). Results of the Research. Using the example of the activity of such electro technical companies the author reveals the mechanism of “merger and acquisition” of minor joint stock companies by large monopolists who used different methods of pressure on the shareholders and management of the companies. Discussion and Conclusion. In this competitor environment, minor joint stock companies did not have a chance to remain independent even in the case of a fair court decision. The situation of “merger and acquisition” was actually profitable mostly for the companies’ management and for the leading shareholders who, in this case, received regular dividends, but the common customers had to pay according to the prices set forth by monopolies.

Platform mergers and antitrust

Should internet era merger policy differ from industrial era merger policy? Platform ecosystems rely on economies of scale, data-driven economies of scope, high-quality algorithmic systems, and strong network effects that frequently promote winner-take-most markets. Their market dominance has generated competition concerns that appear difficult to assess with traditional merger policy tools. This paper examines the acquisition strategies of the five major U.S. platforms—Google, Amazon, Facebook, Apple, and Microsoft—since their inception. We discuss the main merger and acquisition theories of harm and how these operate differently than in the past. To address merger and acquisition concerns of multi-sided platforms, we develop four proposals that incorporate (i) a new ex ante regulatory framework, (ii) an update of the conditions under which the notification of mergers should be compulsory and the burden of proof should be reversed, (iii) differential regulatory priorities in investigating horizontal versus vertical acquisitions, and (iv) an update of competition enforcement tools to increase visibility into market data and trends.

Employees’ Perception towards the Merger and Acquisition of Bank and Financial Institutions of Nepal

Merger and acquisition an outcome of consolidating two or more than two companies in one institution. Merger and acquisition both are the tools of consolidating the companies. The study was conducted with the objective to identify the employees’ perception towards the merger and acquisition of bank and financial institutions of Nepal. The study was conducted among the 385 respondents of financial institutions. The respondents were randomly selected for the questionnaire survey. The study was based on the quantitative design so statistical analysis was done to compare the perception between category A and B bank. The result shows that there was significant association between the employees of category A and B bank on their perception towards the contribution of merger and acquisition. majority of the respondents had positive perception towards the effectiveness of merger and acquisition to improve the service quality, organizational performance, exchange organizational culture, maximizing the profit and revenue, increase the credit rating of banks, introduce the new service and facilities, implement the new innovative ideas. So, it has encouraged financial institutions to go in process of merger and acquisition for the better performance and sustainability of institutions.