Managing Cultural Integration in Cross-Border Merger and Acquisition Activities

Inhaltsverzeichnis (Table of Contents)

• 1 INTRODUCTION
  • 1.1 BACKGROUND
  • 1.2 OBJECTIVES
  • 1.3 METHODS AND STRUCTURE
• 2 LITERATURE REVIEW
  • 2.1 FUNDAMENTALS OF M&AS
    • 2.1.1 M&A AS A FORM OF BUSINESS COMBINATIONS
    • 2.1.2 DEFINITION AND DIFFERENTIATION OF M&AS
    • 2.1.3 STAGES IN THE M&A PROCESS
  • 2.2 SPECIAL CONSIDERATIONS OF CROSS-BORDER M&AS
    • 2.2.1 CHARACTERISTICS OF CROSS-BORDER M&AS
    • 2.2.2 COMMON RISKS OF CROSS-BORDER M&AS
    • 2.2.3 CULTURE AS A DUAL CHALLENGE IN CROSS-BORDER M&A
    • 2.2.4 NATIONAL CULTURE
    • 2.2.5 CORPORATE CULTURE
• 3 CULTURAL INTEGRATION IN CROSS-BORDER M&AS
  • 3.1 DETERMINING FACTORS OF POST-MERGER INTEGRATION
  • 3.2 MANAGING CULTURAL INTEGRATION: ACCULTURATION AND CULTURAL FIT
  • 3.3 CRITICAL INFLUENCING FACTORS ON THE ACCULTURATION PROCESS
• 4. METHOD AND EMPIRICAL STUDY: EXPERT INTERVIEWS
  • 4.1 DESCRIPTION OF THE METHOD
  • 4.2 STRUCTURE AND APPROACH
  • 4.3 DATA ANALYSIS
• 5. RESULTS
  • 5.1 EVALUATION OF THE RESEARCH FINDINGS
  • 5.2 DISCUSSION OF THE RESEARCH FINDINGS
  • 5.3 ACTION PLAN FOR CULTURAL INTEGRATION IN CROSS-BORDER M&A

Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)

This thesis explores the challenges of managing cultural integration in cross-border merger and acquisition (CBM&A) activities. It aims to establish a deeper understanding of how different cultures can be integrated more efficiently during such complex business combinations. The research focuses on the human factor's significant influence on cultural integration and seeks to provide practical recommendations for management on how to approach this process more effectively.

• Cultural challenges in cross-border M&As
• The impact of national and organizational culture on CBM&A success
• The importance of active cultural management throughout the M&A process
• The role of human integration in achieving successful cultural integration
• Developing an action plan for effective cultural integration in CBM&As

Zusammenfassung der Kapitel (Chapter Summaries)

The thesis starts by providing a comprehensive overview of the fundamentals of mergers and acquisitions (M&As), emphasizing the specific considerations associated with cross-border transactions. It then delves into the crucial role of culture in the success or failure of CBM&As, analyzing both national and corporate cultural differences. Chapter 3 focuses on the management of cultural integration, exploring the concept of acculturation and its critical influencing factors. The research methodology is described in Chapter 4, outlining the use of expert interviews to gather insights from practitioners in the field. Chapter 5 presents and discusses the findings from the expert interviews, ultimately culminating in the development of a concrete action plan for cultural integration in CBM&As.

Schlüsselwörter (Keywords)

This thesis focuses on cross-border mergers and acquisitions, cultural integration, acculturation, cultural fit, human integration, post-merger integration, and the development of an action plan to improve the management of cultural integration in CBM&As.