The potential for improving intra-organizational communication in the process of mergers and acquisitions via accounting systems
journal contribution
posted on 2005-12-01, 00:00authored byH Yazdifar, S Golestani, Saeed Askary, D Askarany
As the number of mergers and acquisitions (M&A) continues to increase on a global basis, more managers are called upon to develop their M&A transition skills. While, undoubtedly, organizations realise the importance of good communications for successful implementation of change programs throughout the entire M&A process, they often find it hard to make this communication both constant and lucid. The article argues that accounting systems display the potential for improving intra-organizational communication by infusing managers and 'non-accountants' with a common financial vocabulary for communication and 'reading' the state of the business.