Organizational metamorphosis: A study of eighteen nonprofit mergers, acquisitions, and consolidations
In: Nonprofit management & leadership, Band 1, Heft 4, S. 357-369
ISSN: 1542-7854
AbstractThis article reviews the literature on nonprofit mergers and presents a study of eighteen nonprofit merger, acquisition, or consolidation transactions. The findings underscore financial reasons as the chief motivation for mergers and cite the inability of small agencies to compete as an important contributing factor. Morale and productivity declined when staff had serious concerns about their future. Good leadership and honest and open communication were considered vital to ensuring a smooth merger process.