Challenges and factors likely to promote coping as anticipated by nurses preparing for a merger of intensive and intermediate care units

Salminen‐Tuomaala, Mari; Ala-Hynnilä, Liisa; Hämäläinen, Kati; Ruohomäki, Heikki

doi:10.1016/j.iccn.2017.07.007

Cited by 5 publications

(3 citation statements)

References 19 publications

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“…The terms "mergers" and "acquisitions" are frequently castoff interchangeably meanwhile the net outcome is habitually alike: two firms (or more) that had discrete proprietorship is now functioning under the similar roof, to gain some policies (Sherman & Hart, 2006). Academics commonly split M&A into two sorts, including two corporations with identical nations is the Home takeover and a firm obtains another firm from a diverse country is the cross-border takeover (Salminen-Tuomaala et al, 2017). Usually, companies have many motives behind to involve in merger and acquisition, these are: Augmented of Growth and market supremacy, obtaining collaboration and new clients, accessing of intangible resources (Duksaitė & Tamošiūnienė, 2009).…”

Section: Literature Reviewmentioning

confidence: 99%

Changing Share Price after Announcement of the Merger and Acquisitions by Acquiring Firms Is Significant or Insignificant?

Khan,

Uddin,

Hossain

2023

JFRM

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This paper scrutinizes a model of merger and acquisition declaration of different companies in United Kingdom (Home Takeover) region and also other countries (Cross-Border Takeover) during the time period of 01 January 2019 to 30 June 2022 and finally displays the consequence of 50 Home takeover companies (UK companies acquired UK companies) and 50 cross-border companies (UK companies take over foreign companies) to recognize the post effect of merger and acquisition declaration on the stock prices of the target and acquired firms. Event Study Methodology has been used for this study, like, Average Abnormal Returns (AAR) and Cumulative Average Abnormal Returns (CAAR) are used to analyze the different event windows about the stock prices of the target and acquired firms. A paired sample investigation has also been directed by associating the pre-and post-announcement returns on stock prices for the event window of ±5 days of the target and acquired firms. In the event windows, the stock price of the target firm's all is not positive CAAR but pointedly dissimilar from zero. In the home takeover figures, all the AAR and CAAR are not significant and some negative returns after the post-declaration prove about the primary investor's overreaction and efficient market hypothesis (EMH). There is no presence of positive implication in the cross-border pre-event return but only a positive implication returns in the home takeover pre-event return that is also significant at the 10% level.

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Section: Literature Reviewmentioning

confidence: 99%

Changing Share Price after Announcement of the Merger and Acquisitions by Acquiring Firms Is Significant or Insignificant?

Khan,

Uddin,

Hossain

2023

JFRM

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“…He noted that training is a major success factor that managers should provide, particularly when new technical skills, social skills, or behaviors are needed for new work arrangements (Kotter, 1996). In another study, nurses expressed concerns regarding their insufficient knowledge of caring for new patients and the difficulties of cooperating with new colleagues before a unit merger (Salminen-Tuomaala et al, 2017). Thus, having the opportunity to pre-pare for organizational change by receiving frontline nurse managers' practical support may be key to nurses continuing to provide quality care.…”

Section: Introductionmentioning

confidence: 99%

Nurse managers' support during organizational change and nurses' organizational commitment: A cross-sectional study using nurses' career stage

Funakoshi,

Kunie,

Takemura

et al. 2023

JINR

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Objective: Hospital organizational changes are known to deteriorate nurses' organizational commitment, and the support of frontline nurse managers is crucial in preventing this deterioration. However, the effects of the practical support provided by frontline nurse managers at different subordinate career stages during organizational change are yet to be determined. Thus, in this study, we aim to clarify the associations between nurses' organizational commitment and the two types of frontline nurse manager support (i.e., preparation for organizational change and personal counseling) based on subordinate nurses' years of experience. Methods: This cross-sectional study was conducted among nurses using a self-report survey method. Hierarchical multiple regression analyses were conducted, with organizational commitment as the dependent variable. Results: Responses from 1,603 nurses at 63 hospitals were analyzed. As per our findings, both types of frontline nurse managers' practical support were found to positively and significantly affect nurses' organizational commitment. The association of these two types of frontline nurse manager support with organizational commitment based on years of nursing experience was deemed insignificant. However, the results of a subgroup analysis per career stage based on years of experience showed that organizational commitment for nurses with more than 20 years of experience was not associated with preparation for organizational change. Conclusions: Both types of practical support provided by frontline nurse managers during organizational change are important to retain nurses' organizational commitment. However, the effectiveness of each type of support may differ according to the nurses' career stage. For expert nurses, personal counseling was found to be more important than preparation.

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“…Sensitive personal factors such as the active participation of professionals must be considered. Therefore, it seems that including proper management of human factors in merger planning may be critical [39].…”

Section: Introductionmentioning

confidence: 99%

Administration of Strategic Agreements in Public Hospitals: Considerations to Enhance the Quality and Sustainability of Mergers and Acquisitions

Monteros

Castro-Torres

Gómez‐Salgado

et al. 2021

IJERPH

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Merger processes between hospitals have high benefit potential for patients, staff and managers. This integration of health centres can improve the quality and safety in patient care. Additionally, cooperative processes enhance the sustainability of the health system, by increasing team spirit, giving innovative ideas and improving staff satisfaction. In this article, the critical factors for successful hospital mergers and acquisitions in the Public Health System were considered to develop a brief guide to help with the organisation of a merger process. Five sections were designed: Strategic administration and objectives, Staff management, New hospital complex structure, Processes and Results. This guide facilitates the communication between a variety of stakeholders, thus improving the engagement between all members of the new healthcare system. This could be particularly important for countries with large regional variance in the organisation of health care and resources.

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Challenges and factors likely to promote coping as anticipated by nurses preparing for a merger of intensive and intermediate care units

Abstract: Fostering peer support and team spirit is important to ensure staff co-operation and smooth care processes following restructuring.

Cited by 5 publications

References 19 publications

Changing Share Price after Announcement of the Merger and Acquisitions by Acquiring Firms Is Significant or Insignificant?

Changing Share Price after Announcement of the Merger and Acquisitions by Acquiring Firms Is Significant or Insignificant?

Nurse managers' support during organizational change and nurses' organizational commitment: A cross-sectional study using nurses' career stage

Administration of Strategic Agreements in Public Hospitals: Considerations to Enhance the Quality and Sustainability of Mergers and Acquisitions

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