The Mediating Role of Individual Differences in The Influence of Management Acquisitions and Ownership Acquisitions on Employee Job Stress at Non-Star Hotels in Ubud District

Abstract

Mergers and Acquisitions (M&A) is a popular investment strategy used by many companies to develop or maintain the company's performance and existence. M&A is also a trend in the development of the accommodation service business that occurs in non-star hotels in Bali, including the sub-district of Ubud, Gianyar. M&A is an important event for employees that can affect employees job stress levels. The purpose of this study is to look at the phenomena that occurs in employee job stress conditions through individual differences owned at non-star hotels in Ubud sub-district that have been acquired through management or ownership. This study uses a quantitative approach by collecting data through the distribution of questionnaires to 153 employees in 30 non-star hotels in Ubud sub-district. Analysis of the data used is PLS. The results showed that individual differences are the full mediator between the relationship between management acquisition and ownership acquisition on employee job stress.Based on the results of the study, individual differences are variables that have an important role in the influence of management acquisition and ownership acquisition on employee job stress in 30 non-star hotels in Ubud sub-district. M&A event which is an important event for employees and causes changes in the organization. These changes will be faced in different ways because individuals have their own uniqueness.

Keywords

• mergers
• acquisitions
• individual differences
• employee job stress