Cultural Diversity as a Source of Value Creation in Cross-border M&As

ISBN-13: 9783639721096 / Angielski / Miękka / 2017 / 132 str.

Doris Resch

Opis

Mergers & Acquisitions - "the most volatile events in corporate life including fantastic synergies as well as value-destroying disasters" (Rikard Larsson, 2005). Cultural differences can be the factor that makes or breaks a deal. Unity through diversity - is probably not the guiding principle for every transaction undertaken, but it is important to realize that cultural differences have the potential to create additional value in cross-border M&As. While cultural synergies might necessitate going the extra mile, these synergies might just be the ones to set the companies apart from their competitors.

O autorze

Resch, DorisDoris RESCH, born1985, holds a master's degree in social and economic science from the ViennaUniversity of Economics and Business, graduate of the Diplomatic Academy ofVienna, works as consultant for the United Nations (Vienna) since 2013.