Cultural Dimensions of International Mergers and Acquisitions

ISBN-13: 9783110158007 / Angielski / Twarda / 1998 / 213 str.

Jens E. Torp; Anne-Marie Soderberg; Martine C. Gertsen

Opis

The contributions of this reader give an insight into the importance of the organizational and cultural aspects of cross-national mergers and acquisitions. Mergers and acquisitions are the predominant forms of internationalization, expansion, and growth. In the past, research on M&As focused on legal, financial, and economic aspects to determine the best "strategic fit" with optimal synergy effects. Yet a failure rate of roughly fifty per cent gave rise to an increasing awareness of organizational and cultural aspects of integration strategies, the importance of cultural factors for globalization: the "cultural fit". The reader, based on case studies of transnational companies, provides and overview of the different theoretical and methodological approaches and debates crucial issues of high significance for management students and managers alike.

Spis treści

Frontmatter -- Acknowledgments -- Table of Contents -- Overview of the Book -- International Mergers and Acquisitions: The Issues and Challenges -- Different Approaches to the Understanding of Culture in Mergers and Acquisitions -- Cultural Awareness and National versus Corporate Barriers to Acculturation -- Managing Cultural Differences in Cross-cultural Mergers and Acquisitions -- A Cross-national Assessment of Acculturative Stress in Recent European Mergers -- Leadership and Culture in Transnational Strategic Alliances -- Hungarian Culture and Management Issues within Foreign-owned Hungarian Production Companies -- A Quest for Social Identity - The Pragmatics of Communication in Mergers and Acquisitions -- Foreign Acquisitions in Denmark: Cultural and Communicative Dimensions -- List Of Contributors -- Index