A4 Vertaisarvioitu artikkeli konferenssijulkaisussa
Does context matter in M&A? National business systems in cross-border acquisitions
Tekijät: Melanie Hassett, Niina Nummela, Deepak Shrivastava, Rudolf Sinkovics
Kustannuspaikka: Aston University
Julkaisuvuosi: 2013
Kokoomateoksen nimi: 40th Annual Conference, AIB UKI 2013, Aston University, Birmingham, 22-23.3.2013
Tiivistelmä
It has been argued that problems related to the post-acquisition integration phase and cultural integration would be the major reasons for acquisition failure, however research on merger and acquisition (M&A) performance has been inconclusive. Prior research on M&A has focused a great deal to the inner context, i.e. the post-acquisition integration within the organisations in question. Moreover, research on the cultural aspects of M&A has been increasingly popular and the focus has recently been on socio-cultural issues. Yet there is very little research on the external context (not only cultural) of both the acquirer and acquired company, and its impact on the post-acquisition integration. This research applies the national business system (NBS) approach in an Indian-Finnish acquisition in the IT sector. This paper will not be a comparative study on India and Finland, but rather an analysis of the acquirer and acquired company within their national business systems and focusing on their institutional features.
It has been argued that problems related to the post-acquisition integration phase and cultural integration would be the major reasons for acquisition failure, however research on merger and acquisition (M&A) performance has been inconclusive. Prior research on M&A has focused a great deal to the inner context, i.e. the post-acquisition integration within the organisations in question. Moreover, research on the cultural aspects of M&A has been increasingly popular and the focus has recently been on socio-cultural issues. Yet there is very little research on the external context (not only cultural) of both the acquirer and acquired company, and its impact on the post-acquisition integration. This research applies the national business system (NBS) approach in an Indian-Finnish acquisition in the IT sector. This paper will not be a comparative study on India and Finland, but rather an analysis of the acquirer and acquired company within their national business systems and focusing on their institutional features.
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