Culture as a part of cross-border M&A deal : a study on the post-deal cultural integration
Krsic, Sandra (2009)
Metropolia Ammattikorkeakoulu
2009
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-200908144125
https://urn.fi/URN:NBN:fi:amk-200908144125
Tiivistelmä
The purpose of this study was to examine the success of cross-border mergers and acquisitions from a cultural standpoint. The study was focused on a theoretical perspectives and research findings on a cross-border merger and acquisitions, cultural influences on the deal and cultural integration in a post-deal stage. Finally, the case from the business world was introduced in order to analyse how theoretical background of the subject apply.
The study examined secondary data. Secondary data was gathered from literature focused on mergers and acquisitions, cultures and organisations and crosscultural management to indicate major findings, and most importantly, identify gaps in the literature that need to be addressed.
The result of the study indicated that identification and evaluation of cultural aspects of potential partners and targets are of a high importance, on the national and corporate culture level, revealing that post-deal integration is a major challenge in most cross-border merger and acquisition transactions. Cultural evaluation is best accomplished by carrying out cultural due diligence. Post-deal cultural integration of the partner or the target company is discovered to be essential for further growth and therefore comprehend the potential value of the investment.
The study examined secondary data. Secondary data was gathered from literature focused on mergers and acquisitions, cultures and organisations and crosscultural management to indicate major findings, and most importantly, identify gaps in the literature that need to be addressed.
The result of the study indicated that identification and evaluation of cultural aspects of potential partners and targets are of a high importance, on the national and corporate culture level, revealing that post-deal integration is a major challenge in most cross-border merger and acquisition transactions. Cultural evaluation is best accomplished by carrying out cultural due diligence. Post-deal cultural integration of the partner or the target company is discovered to be essential for further growth and therefore comprehend the potential value of the investment.