Barriers in post-merger integration in the real estate development companies in the United Arab Emirates : an AHP approach

• Autorzy: Al Hosani Yousef , Jabeen Fauzia

Identyfikatory

DOI

10.17512/pjms.2019.19.2.03

Warianty tytułu

PL

Bariery integracji po fuzji w rozwoju firm deweloperskich w Zjednoczonych Emiratach Arabskich : podejście AHP

• Języki publikacji: EN

Abstrakty

EN

The purpose of this paper is to explore various challenges a real estate development company may face during post-merger integration. Analytic hierarchy process (AHP) has been used to prioritize the barriers linked to mergers in the real estate companies in the United Arab Emirates (UAE). An AHP model was developed with 5 criteria and 29 sub-criteria based on the previous literature. Data were collected through interviews of 6 experts who were involved in the merger process of 2 major real estate development companies in the UAE. The data collected were interpreted and a priority vector was assigned to each criterion and sub-criterion. The findings reveal that strategy, business plan and budget followed by the training are the key challenges that is encountered during the post-merger in the UAE based real estate companies. Results are derived from a limited amount of empirical data only in one country; therefore, these cannot be generalized. This study provides an important technique for analyzing the barriers linked to mergers in real estate development companies which are considered as one of the economic engine of the UAE.

PL

Celem artykułu jest zbadanie różnych wyzwań, przed jakimi staje firma deweloperska podczas integracji po fuzji. Proces hierarchii analitycznej (AHP) został wykorzystany do ustalenia priorytetów barier związanych z fuzjami w spółkach nieruchomości w Zjednoczonych Emiratach Arabskich (ZEA). W oparciu o przegląd literatury, opracowano model AHP z 5 kryteriami i 29 podkryteriami. Dane zebrano w wywiadach z 6 ekspertami, którzy byli zaangażowani w proces fuzji dwóch dużych firm deweloperskich w Zjednoczonych Emiratach Arabskich. Zebrane dane zostały zinterpretowane i do każdego kryterium i podkryterium został przypisany wektor priorytetowy. Badania wskazują, że strategia, biznes plan i budżet, po których następuje szkolenie, są kluczowymi wyzwaniami, które napotykają podczas fuzji w spółkach deweloperskich w Zjednoczonych Emiratach Arabskich. Wyniki pochodzą z ograniczonej ilości danych empirycznych z jednego kraju dlatego nie można ich uogólnić. Badanie to stanowi ważną technikę analizy barier związanych z fuzjami w firmach deweloperskich, które są uważane za jeden z ekonomicznych motorów ZEA.

Słowa kluczowe

EN

mergers; challenges; real estate development companies; analytic hierarchy process; AHP; United Arab Emirates; UAE

PL

fuzje; wyzwania; firmy deweloperskie; analityczny proces hierarchiczny; AHP; Zjednoczone Emiraty Arabskie; ZEA

• Wydawca: Czestochowa University of Technology
• Czasopismo: Polish Journal of Management Studies
• Rocznik: 2019
• Tom: Vol. 19, No. 2
• Strony: 33--47
• Opis fizyczny: Bibliogr. 39 poz., rys., tab.

Twórcy

autor

Al Hosani Yousef

• College of Business, Abu Dhabi University, Abu Dhabi, UAE

autor

Jabeen Fauzia

• College of Business, Abu Dhabi University, Abu Dhabi, UAE

Bibliografia

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Uwagi

Opracowanie rekordu w ramach umowy 509/P-DUN/2018 ze środków MNiSW przeznaczonych na działalność upowszechniającą naukę (2019).