Managing cultural integration in cross-border mergers and acquisitions

Autor: Ashley M. Guidroz, Daniel Denison, Bryan Adkins
Rok vydání: 2011
Předmět:
DOI: 10.1108/s1535-1203(2011)0000006008
Popis: Cross-border M&A has become one of the leading approaches for firms to gain access to global markets. Yet there has been little progress in the research literature exploring the role that culture may play in the success of these ventures. Poor culture-fit has often been cited as one reason why M&A has not produced the outcomes organizations hoped for (Cartwright & Schoenberg, 2006). Cross-border M&A has the added challenges of having to deal with both national and organizational culture differences. In this chapter we review the literature on cultural integration in cross-border M&A and provide a framework designed to help manage the integration process throughout the M&A lifecycle. This framework presents culture assessment and integration as a crucial component to reducing poor culture-fit as a barrier to M&A success.
Databáze: OpenAIRE