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Author : Martine Cardel Gertsen
Release : 2013-02-06
Genre : Business & Economics
Kind : eBook
Book Rating : 79X/5 ( reviews)
Book Synopsis Cultural Dimensions of International Mergers and Acquisitions by : Martine Cardel Gertsen
Download or read book Cultural Dimensions of International Mergers and Acquisitions written by Martine Cardel Gertsen. This book was released on 2013-02-06. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Martine Cardel Gertsen
Release : 1998
Genre : Business & Economics
Kind : eBook
Book Rating : 007/5 ( reviews)
Book Synopsis Cultural Dimensions of International Mergers and Acquisitions by : Martine Cardel Gertsen
Download or read book Cultural Dimensions of International Mergers and Acquisitions written by Martine Cardel Gertsen. This book was released on 1998. Available in PDF, EPUB and Kindle. Book excerpt: Case studies of transitional companies, most Danish, examine the cultural factors of international expansion, which are increasingly blamed for a large measure of the roughly 50% failure of transnational offensives. The various perspectives include different approaches to understanding culture, leadership and culture in transnational strategic alliances, and performance implications of acculturation stress. The eight papers were presented at an international workshop in Copenhagen, August 1996. Annotation copyrighted by Book News, Inc., Portland, OR
Author : Markus Karmann
Release : 2012-05-14
Genre : Business & Economics
Kind : eBook
Book Rating : 439/5 ( reviews)
Book Synopsis Cultural Dimensions of Mergers and Acquisitions by : Markus Karmann
Download or read book Cultural Dimensions of Mergers and Acquisitions written by Markus Karmann. This book was released on 2012-05-14. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2011 in the subject Business economics - Business Management, Corporate Governance, grade: 1,0, Northeastern University of Boston, course: Cultural aspects in International Business, language: English, abstract: Over the past several decades, the global economy has become increasingly intertwined as emerging markets continue to grow. Trade barriers have been broken by free trade agreements and the creation of the World Trade Organization while advancements in technology have allowed for the instantaneous transmission of information across the world. In order to expand operations, companies are increasingly looking towards mergers and acquisitions to grow operations internationally. Over the past 10 years, there have been over 251,000 global merger and acquisition transactions valued at $23 trillion US dollars (Exhibit A). While the recent downturn in the global economy has seen transactions decline from a peak of over $4 trillion dollars in 2007 to $2.19 trillion in 2010, M&A activity is expected to rebound given high cash levels and strong fundamental support for M&A, stronger growth levels in emerging markets and a desire for international acquisitions in order to "mitigate the risks of expanding in the global market." While there is a strong demand to expand in the global market and technological advancements have allowed for ease of evaluating a potential M&A opportunity, there remains a wide cultural gap that one must understand and bridge in order to be successful. In this paper, we describe the phases of the merger process and show important factors that must be examined. We will not only focus on the cultural dimensions of Hofstede and other tools learned in class but also analyse the importance of premerger cultural due diligence and the post-merger integration process. Our extensive research on the post and pre-merger process is complemented by our examination of ASG, a company that has conducted numerous acquisitions over
Author : Vera Riesenweber
Release : 2015-04-01
Genre : Language Arts & Disciplines
Kind : eBook
Book Rating : 150/5 ( reviews)
Book Synopsis Cultural Differences and Communication Issues in International Mergers and Acquisitions. The BenQ Debacle by : Vera Riesenweber
Download or read book Cultural Differences and Communication Issues in International Mergers and Acquisitions. The BenQ Debacle written by Vera Riesenweber. This book was released on 2015-04-01. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2014 in the subject Communications - Intercultural Communication, grade: 1,0, Warsaw School of Economics, course: Global Management Practice, language: English, abstract: The number of global corporations has grown in the last few decades. The advent of technology and fliberalization of political and regulatory barriers enables companies to operate their business internationally. There are less moving barriers between different countries, more common worldwide laws, less barriers in monetary transaction and fewer geographic distances. However, very often companies fail in acquisition, foreign direct investments and cross-border partnerships because their global strategies are not proper enough, or the execution is more complex as expected. This paper deals with BenQ`s failure of acquiring of Siemens mobile devices. During the acquisition, parties face different challenges like market, technology and how to allocate budget, but in this case the biggest challenge was cultural interchange. This report analyzes cultural differences of both countries in which these companies are located based on Hofstede`s cultural dimensions. This particular acquisition is an appropriate example of why some intercultural mergers don’t work because of big differences in national, organizational and professional culture.
Author : Markus Karmann
Release : 2012-05-11
Genre : Business & Economics
Kind : eBook
Book Rating : 099/5 ( reviews)
Book Synopsis Cultural Dimensions of Mergers & Acquisitions by : Markus Karmann
Download or read book Cultural Dimensions of Mergers & Acquisitions written by Markus Karmann. This book was released on 2012-05-11. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2011 in the subject Business economics - Business Management, Corporate Governance, grade: 1,0, Northeastern University of Boston, course: Cultural aspects in International Business, language: English, abstract: Over the past several decades, the global economy has become increasingly intertwined as emerging markets continue to grow. Trade barriers have been broken by free trade agreements and the creation of the World Trade Organization while advancements in technology have allowed for the instantaneous transmission of information across the world. In order to expand operations, companies are increasingly looking towards mergers and acquisitions to grow operations internationally. Over the past 10 years, there have been over 251,000 global merger and acquisition transactions valued at $23 trillion US dollars (Exhibit A). While the recent downturn in the global economy has seen transactions decline from a peak of over $4 trillion dollars in 2007 to $2.19 trillion in 2010, M&A activity is expected to rebound given high cash levels and strong fundamental support for M&A , stronger growth levels in emerging markets and a desire for international acquisitions in order to “mitigate the risks of expanding in the global market.” While there is a strong demand to expand in the global market and technological advancements have allowed for ease of evaluating a potential M&A opportunity, there remains a wide cultural gap that one must understand and bridge in order to be successful. In this paper, we describe the phases of the merger process and show important factors that must be examined. We will not only focus on the cultural dimensions of Hofstede and other tools learned in class but also analyse the importance of premerger cultural due diligence and the post-merger integration process. Our extensive research on the post and pre-merger process is complemented by our examination of ASG, a company that has conducted numerous acquisitions over the past 20 years. The company is a software company founded in 1986. Our examination of ASG shows the ability of successfully evaluating the culture of the organization in the pre-merger process and furthermore, ASG’s ability to successfully integrate the acquisition.
