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The Impact of CEO Retention on Post-Merger Integration: Insights from Chegg in the Ed-Tech Industry

Author

Listed:
  • Chaewon Kim

    (Department of Chemistry and Nanoscience, Ewha Womans University, Seoul 03760, Republic of Korea)

  • Dakyung Jung

    (Department of Korean Language and Literature, Ewha Womans University, Seoul 03760, Republic of Korea)

  • Jiwon Sung

    (Department of International Office Administration, Ewha Womans University, Seoul 03760, Republic of Korea)

  • Young Hae Hwang

    (Department of Life Science, Ewha Womans University, Seoul 03760, Republic of Korea)

  • Seungho Choi

    (Ewha School of Business, Ewha Womans University, Seoul 03760, Republic of Korea)

Abstract

This study examines the crucial role of chief executive officers (CEOs) in post-acquisition integration, focusing on Chegg, a prominent ed-tech company in a rapidly evolving industry. Analyzing CEO actions post-acquisition through interviews and metrics, we find that a three-year CEO retention period significantly contributes to successful integration at Chegg. This research emphasizes the importance of understanding ideal CEO retention and their strategic actions, offering insights for more successful post-acquisition integration and long-term economic benefits.

Suggested Citation

  • Chaewon Kim & Dakyung Jung & Jiwon Sung & Young Hae Hwang & Seungho Choi, 2024. "The Impact of CEO Retention on Post-Merger Integration: Insights from Chegg in the Ed-Tech Industry," Administrative Sciences, MDPI, vol. 14(6), pages 1-17, June.
    • Handle: RePEc:gam:jadmsc:v:14:y:2024:i:6:p:130-:d:1418150
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    References listed on IDEAS

    as
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