Purpose - The purpose of this paper is to investigate whether perceptions of distributive, procedural and interactional justice can explain the frequently reported low orgranizational commitment of managers in corporate mergers. Specifically, it aims to examine whether each of the justice...

The effect of severance pay on management behavior during a takeover battle is generally ambiguous. Yet, the severance payment completely restraining all influence activities always constitutes a "golden handshake." The manager leaving office still benefits from the increase in the merged firm's...