Quotation Stahl, Günter, Angwin, Duncan, Very, Philippe , Gomes, Emanuel, Weber, Yaakov, Tarba, Shlomo Yedidia, Noorderhaven, Niels G., Benyamini, Haim , Bouckenooghe, Dave, Chreim, Samia , Durand, Muriel, Hassett, Mélanie E., Kokk, Gary, Mendenhall, Mark E., Mirc, Nicola, Miska, Christof, Park, Kathleen Marshall , Reynolds, Noelia-Sarah, Rouzies, Audrey, Sarala, Riikka M. , Seloti Jr, Sergio Luis, Søndergaard, Mikael, Yildiz, Harun Emre. 2013. Sociocultural Integration in Mergers and Acquisitions: Unresolved Paradoxes and Directions for Future Research. Thunderbird International Business Review 55 (4): 333-356.


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Abstract

Despite decades of research, the key factors for success in mergers and acquisitions (M&As) and the reasons why M&As often fail remain poorly understood. While attempts to explain M&A success and failure have traditionally focused on strategic and financial factors, an emergent field of inquiry has been directed at the sociocultural and human resources issues involved in the integration of acquired or merging firms. This research has sought to explain M&A performance and underperformance in terms of the impact that variables such as cultural fit, management style similarity, the pattern of dominance between merging firms, the acquirer's degree of cultural tolerance, and the social climate surrounding a takeover have on the postmerger integration process. In this article, we attempt to take stock of, and synthesize, the findings from research on sociocultural and human resources integration in M&A, to identify conflicting perspectives and unresolved questions as well as several underresearched areas, and then use our analyses to propose an agenda for the next stage of research in this field.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Journal article
Journal Thunderbird International Business Review
WU-Journal-Rating new STRAT-C
Language English
Title Sociocultural Integration in Mergers and Acquisitions: Unresolved Paradoxes and Directions for Future Research
Volume 55
Number 4
Year 2013
Page from 333
Page to 356
Reviewed? Y
URL http://onlinelibrary.wiley.com/doi/10.1002/tie.21549/abstract

Associations

People
Stahl, Günter (Details)
Miska, Christof (Details)
External
Angwin, Duncan (Oxford Brookes University, United Kingdom)
Benyamini, Haim (Tel Aviv University, Israel)
Bouckenooghe, Dave (Brock University, Canada)
Chreim, Samia (University of Ottawa, Canada)
Durand, Muriel (Aarhus University, Denmark)
Gomes, Emanuel (The University of Sheffield, United Kingdom)
Hassett, Mélanie E.
Kokk, Gary (University of Gothenburg, Sweden)
Mendenhall, Mark E. ( University of Tennessee, United States/USA)
Mirc, Nicola (Ecole Polytechnique, France)
Noorderhaven, Niels G. (Tilburg University, Netherlands)
Park, Kathleen Marshall (MIT Sloan School of Management, United States/USA)
Reynolds, Noelia-Sarah
Rouzies, Audrey (University of Toulouse , France)
Sarala, Riikka M. (University of North Carolina , United States/USA)
Seloti Jr, Sergio Luis (EAESP - FGV-SP, Brazil)
Søndergaard, Mikael (Aarhus University, Denmark)
Tarba, Shlomo Yedidia (The Open University, Israel)
Very, Philippe (EDHEC Business School, France)
Weber, Yaakov (College of Management, Israel)
Yildiz, Harun Emre (Stockholm School of Economics, Sweden)
Organization
Institute for International Business (Stahl) (Details)
Research areas (ÖSTAT Classification 'Statistik Austria')
5300 Economics (Details)
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