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The purpose of this paper is to develop an effective synergy measurement model to support the decision-making process in mergers and acquisitions (M&A).

Relevant literature is reviewed and critically assessed. An interpretive methodology is used to analyse empirical data from a questionnaire survey and interviews of M&A experts. A framework is provided with the objective to support the process of synergy measurement and the success of pre-deal planning.

The authors find several mismatches in synergy measurement practices. The strategic factors, which are considered very relevant to generating reliable forecasts, are surprisingly not adequately quantified. On the contrary, a synergy measurement model may integrate the assessment of these factors: the type of synergy, the size of synergy, the timing of synergy and the likelihood of achievement.

The paper offers interesting implications for firms, advisors and consultants, pointing out that synergy measurement issues are related to the analysis of strategic factors affecting synergy. These findings suggest that the pre-planning process should integrate people and tools from different backgrounds, from strategy to accounting, to effectively measure the synergy value. The authors also suggest the development of new tools in response to the needs of practitioners for best practices in M&A.

This paper highlights that the effective use of synergy measurement models are critical to improve the success of M&A due diligence.

For the European Union to continue to succeed leaders in all 25 member countries have to devote more attention to the factors of culture and business. However, the key to successful business enterprise across Europe is not only understanding the impact of culture on human behavior and organizations, but for managers and other professionals to develop skills in coping with multiculturalism and diversity within the EU populations.

As cross-cultural mergers and acquisitions (M&A) have learning effects on organisations, assessing their impacts on corporate performance is crucial. This study aims to explore the impact of inter-firm cultural differences on long-term post-M&A stock market performance.

The authors select domestic M&A transactions of Chinese listed companies during 2010–2021 as the sample. Then, the authors use the partial least squares structural equation model (PLS-SEM) to construct the latent variable of cultural differences in four dimensions to explore long-term stock market performance.

Cultural differences first positively and then negatively impact post-M&A performance. Three transmissions mechanisms are identified: investor sentiment, takeover premiums and information disclosure quality. Further analysis reveals that acquirer stock performance improves with higher analyst coverage and non-local shareholders but worsens if there are business affiliations between the acquirer and target firms.

This study can help optimise information disclosure systems in M&A transactions for regulatory authorities and aid investors’ understanding of post-M&A performance changes. Furthermore, it can improve acquirers’ understanding of the risks and opportunities in cross-cultural M&A, thereby facilitating the adaptation of management practices to the im-pacts of cultural differences.

By integrating the theories of resource dependence and transaction costs, this study examines the reversal effect of cultural differences between merging companies on post-M&A performance. The authors use a PLS-SEM to empirically analyse the main effects and reveal three transmission mechanisms.

Managing international and domestic diversity and learning to work with difference are increasingly becoming key managerial and organizational skills. Reviews the reasons for the growth of interest in this topic, critically analyses the claims made by practitioners in this area, and draws on two case studies of organizations attempting to develop their capabilities to work successfully with difference to develop a model of the key skills involved. Outlines some strategies by which such skills and capabilities may be developed.

This theoretical research endeavors to find common ground in the ostensibly inconsistent results of studies on the impact of cultural similarities and differences on strategic partnerships. Some findings suggested that partners have to possess similar cultural characteristics in order to achieve success, while others showed that cultural distance had a positive effect on efficiency and the competitiveness of partnerships. I systematically analyze the equivocal evidence of influence of both commonalities and differences on partnerships' outcomes, highlighting conditions under which they can be either beneficial or dysfunctional. Several propositions are formulated in regard to the role of qualitative and quantitative differences in both organizational and national cultures. Further, the theoretical and practical implications are also discussed.

This chapter provides a critical analysis of the literature on individuals in cultural transitions in higher education, namely, international students in culturally unfamiliar contexts; teachers of international students and culturally more diverse classrooms; and local students in increasingly culturally diverse classes. All these individuals are actors exposed to new and shifting cultural experiences expected to impact their motivation and engagement. Two broad perspectives emerging from the literature were used to organize the chapter: a perspective of adaptation representing research grounded in unilateral, bilateral or reciprocal conceptualizations, and a perspective of transformation, capturing experiential learning research leading to personal and academic development. The analysis highlights how motivation is a critical, yet under-examined construct. This leads to numerous suggestions for future research including: addressing the neglected role of agency in research on international students' sociocultural adaptation and the lack of research on successful processes of adaptation; examining the confounding issue of socialization into new cultural-educational environments and level of proficiency in the medium of instruction, which impacts on engagement; and scrutinizing the posited link between deep-level motivated engagement in cultural transitions and the emergence of transformative experiences. A case is made for research on individuals' engagement and motivation in cultural transitions to be conceptually and methodologically stronger and broader, moving from studies of single groups of individuals in need of adaptation, to investigations of the co-regulated, reciprocal adaptations of actors and agents operating in complex sociocultural contexts where power dynamics related to knowledge and language affect participation and engagement with cultural 'others'.

Discusses the value, workings and effectiveness of international project teams. Proposes a model to enable the creation of an effective team and process. Points out the need to manage diversity, intercultural differences and different nationalities. Uses a case study from Raleigh International to illustrate.

Notes that quality management practices of leading firms have increasingly been considered benchmarks for other companies in quest of successful competitive technologies. Shares the most relevant findings of the authors’ study on key quality practices of leading firms in Brazil. Includes comparisons with results of research in the USA. Identifies socio‐cultural factors as a root‐cause for the difficulties of employing these practices effectively in Brazil. Recommends the development of innovative capabilities and cultural synergies, in the scope of the increasing associations with foreign firms, to overcome at least some of the difficulties at issue.

Leadership studies, as an academic discipline and field of practice, have predominantly been developed in relation to Western forms of knowledge, norms, and cultural practices. Knowledge and ways of practicing leadership in Sub-Saharan Africa contexts are often unseen or marginalized in formal leadership studies literature. This is also true for the way leadership is practiced throughout the networks of the African Diaspora. The influence of uniquely African ways of knowing, doing, and experiencing leadership is even more challenging in the context of the African Diaspora. Often contextualized within the legacy of the Transatlantic Slave Trades, and increasingly shaped by contemporary dynamics of globalization, the African Diaspora and leadership exist at the intersection of multiple cultures and contexts. Leadership theory and practice must account for these inter- and multicultural contexts to better understand and practice leadership in the African Diaspora. The objective of this chapter is to develop a collective, constructionist, and practice frame capable of teasing apart cultural and contextual influences of leadership in the African Diaspora. This is not a comprehensive account of approaches to African Leadership, but instead a preliminary effort to mark out collective, constructionist, and practice approaches to leadership in the African Diaspora as it exists in practice and might inform future research and leadership learning and development efforts.