Mergers and acquisitions process: the use of corporate culture analysis
Cross Cultural Management: An International Journal
ISSN: 1352-7606
Article publication date: 27 July 2012
Abstract
Purpose
The purpose of this paper is to advance cross‐cultural management during mergers and acquisitions (M&A), an issue that remains poorly understood despite a large body of literature accumulated over many years of study and experience.
Design/methodology/approach
Based on literature review and case studies of both successful and unsuccessful companies, this paper clarifies the concept, the assessment and the use of corporate culture and its dimensions during all mergers and acquisitions stages, and as such shows its role as an important and influential milestone in the international business environment exploration.
Findings
The paper arrives at the conclusion that the enduring paradox of the high rate of M&A failure vs the growing activity of M&A may be due to lack of synchronized activities of all merger stages.
Practical implications
The paper presents frameworks and managerial tools that can help researchers and practitioners conduct better corporate culture assessment during all stages of the M&A, including screening, planning, and negotiation, and enhance the effectiveness of interventions carried out during post‐merger integration process.
Originality/value
The paper offers insights into corporate culture and its impact during pre‐merger stage, negotiation, and the post‐merger integration process.
Keywords
Citation
Weber, Y. and Yedidia Tarba, S. (2012), "Mergers and acquisitions process: the use of corporate culture analysis", Cross Cultural Management: An International Journal, Vol. 19 No. 3, pp. 288-303. https://doi.org/10.1108/13527601211247053
Publisher
:Emerald Group Publishing Limited
Copyright © 2012, Emerald Group Publishing Limited