Achieving acculturation in mergers and acquisitions: An international case survey

被引:180
作者
Larsson, R [1 ]
Lubatkin, M
机构
[1] Lund Univ, Sch Econ & Management, S-22100 Lund, Sweden
[2] Univ Connecticut, Storrs, CT 06269 USA
[3] Ecole Management Lyon, Lyon, France
关键词
acculturation; international case survey; mergers and acquisitions;
D O I
10.1177/00187267015412002
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
Various explanations have been suggested concerning the causes of 'cultural clashes' and prescriptions for harmoniously integrating the beliefs and values of merging firms. Using a form of meta-analysis known as a case survey design, which combines the ideographic richness of case studies with the statistical generalizability of larger samples, and a sample consisting of 50 mergers and acquisitions (23 US domestic, 15 Swedish domestic and 12 Swedish cross-border), we found that acculturation is best achieved when the buying firms rely on social controls. That is, by participating in such activities as introduction programs, training, cross-visits, retreats, celebrations and similar socialization rituals, employees will create, of their own volition, a joint organizational culture regardless of expectations of synergies, the relative organization size and differences in nationalities and cultures, A post hoc analysis of a proposed integration control typology further suggests that social controls also indirectly influence acculturation by acting in concert with formal integrative efforts.
引用
收藏
页码:1573 / 1607
页数:35
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