A3 Vertaisarvioitu kirjan tai muun kokoomateoksen osa

Structure First! Temporal Dynamics of Structural and Cultural Integration in Cross-Border Acquisitions




TekijätSatu Teerikangas, Tomi Laamanen

ToimittajaSydney Finkelstein and Cary Cooper

KustannuspaikkaBingley

Julkaisuvuosi2014

Kokoomateoksen nimiAdvances in Mergers and Acquisitions

Sarjan nimiAdvances in Mergers and Acquisitions

Vuosikerta13

Aloitussivu109

Lopetussivu152

Sivujen määrä44

ISBN978-1-78350-970-6

eISBN978-1-78350-992-8

ISSN1479-361X

DOIhttps://doi.org/10.1108/S1479-361X20140000013005

Verkko-osoitehttp://www.emeraldinsight.com/doi/full/10.1108/S1479-361X20140000013005


Tiivistelmä

While there is an increasing understanding of the
challenges that can emerge in integration processes of cross-border
mergers and acquisitions, there is a scarcity of research on how the
different integrative activities should be temporally sequenced. Based
on an in-depth analysis of three acquisitions, we find that structural
and cultural integration are intertwined. We find that cultural
integration will begin only once structural integration is in progress.
Cultural differences can, however, impede structural integration if
structural integration is done in conflict with the existing culture of
the acquired company. Thus, structural integration should come first,
but it should be done in appreciation with the acquired company’s
existing culture. Cultural change is then facilitated in an iterative
manner over time by the new structure. Our chapter contributes to an
improved understanding of the temporal dynamics of integration by
demonstrating the mutually reinforcing effects of structural and
cultural integration in cross-border acquisitions.



Last updated on 2024-26-11 at 10:42