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| Author: | Syrjälä, J. Takala, T. |
| Title: | Ethical aspects in Nordic business mergers: the case of electro-business |
| Journal: | Journal of Business Ethics
2008 : JUL I, VOL. 80:3, p. 531-546 |
| Index terms: | electricity industry ethics mergers Nordic Countries |
| Language: | eng |
| Abstract: | The paper describes various ethical observations made in a study on corporate mergers in the Nordic Electro-business industry. The study examines how the organizational change was experienced by personnel, what kinds of ethical reflections surfaced in different phases of the process, and what conclusions might be drawn from them. The main focus is on the ethical meanings that emerged in our interviewees' stories spontaneously, without the topic of ethics having been separately brought up in the interview situation. The merger process seemed to lead to decreased responsibility among the organizational members, which highlights the discrepancy between genuine ethical thinking and executive talk. The study also revealed a dramatic shift in the moral attitudes of the managers who fell from power in the turmoil of organizational change. The ethical meanings of 'the good life' and a happy work community slowly disintegrated and were replaced by a longing for the earlier communality and sense of togetherness in their old organization. This meant that 'the good life' would have to be sought elsewhere. |
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