Abstract
The complex and dynamic environment in which modern companies operate requires frequent organizational changes that are used as a mechanism for adapting the company's business to market requirements, in order to improve or maintain a competitive advantage. Mergers and acquisitions, as a complex form of organizational change of companies, represent a relevant problem area of research. Since the success of organizational change depends on two important factors, leaders and employees, the aim of this research is to identify the interdependence of transformational leadership, job satisfaction and commitment to organizational change by employees in the post-acquisition period. The research results show that there is interdependence between transformational leadership, job satisfaction and commitment to organizational change in the post-acquisition period. The empirical research was conducted in 2021, using a survey method. Data were analyzed using Pearson's correlation and single as well as multiple regression method. A sample of 129 respondents was taken into accounts, who are employed in companies in the Republic of Serbia that have gone through the acquisition process in the last five years.
Highlights
A leader is a key factor in the success of any organization, and this is especially evident in the process of organizational changes
In order to examine the interdependence of transformational leadership, job satisfaction and commitment to organizational change, a correlation analysis was performed, and the values of the Pearson coefficient were observed (Table 2)
One of the ways to adapt to market changes is through acquisition processes
Summary
A leader is a key factor in the success of any organization, and this is especially evident in the process of organizational changes. Every business in an organization is characterized by a dynamic environment that requires a dynamic leader. In a specific environment in which modern companies operate, the leadership process is crucial in transformational changes in the organization. The leadership process and the process of transformational changes have a causeand-effect relationship. A true leader recognizes the need for change in the organization, initiates organizational change and is the most important factor in the process of organizational changes. Organizational changes give birth to leaders who, with their qualities, abilities and authority, impose themselves as a beacon that directs the entire process of organizational
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