The Impact of CEO Retention on Post-Merger Integration: Insights from Chegg in the Ed-Tech Industry

被引：0
|
作者：
Kim, Chaewon [1 ]
Jung, Dakyung [2 ]
Sung, Jiwon [3 ]
Hwang, Young Hae [4 ]
Choi, Seungho [5 ]
机构：
[1] Ewha Womans Univ, Dept Chem & Nanosci, Seoul 03760, South Korea
[2] Ewha Womans Univ, Dept Korean Language & Literature, Seoul 03760, South Korea
[3] Ewha Womans Univ, Dept Int Off Adm, Seoul 03760, South Korea
[4] Ewha Womans Univ, Dept Life Sci, Seoul 03760, South Korea
[5] Ewha Womans Univ, Ewha Sch Business, Seoul 03760, South Korea
来源：
ADMINISTRATIVE SCIENCES | 2024年 / 14卷 / 06期
基金：
新加坡国家研究基金会;
关键词：
target firm CEO retention; technological acquisition; M&A; acquisition; PMI; CEO; Chegg; ACQUISITIONS; PERFORMANCE; SUCCESS;
D O I：
10.3390/admsci14060130
中图分类号：
C93 [管理学];
学科分类号：
12 ; 1201 ; 1202 ; 120202 ;
摘要：
This study examines the crucial role of chief executive officers (CEOs) in post-acquisition integration, focusing on Chegg, a prominent ed-tech company in a rapidly evolving industry. Analyzing CEO actions post-acquisition through interviews and metrics, we find that a three-year CEO retention period significantly contributes to successful integration at Chegg. This research emphasizes the importance of understanding ideal CEO retention and their strategic actions, offering insights for more successful post-acquisition integration and long-term economic benefits.
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页数：17
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