Cultural conflicts and integration in Chinese enterprises' cross-border mergers and acquisitions

2022 Accounting and Corporate Management  
An increasing number of merger and acquisitions have failed in recent years, this research has analyzed the cross-border M&A between BenQ and Simens, and cross-border M&A between Haier and Sanyo, these two case studies, to investigate the cultural integration strategies. The researcher has concluded suggestions for the future cross-border merger and acquisition, such as conducting a comprehensive assessment of cultural differences between two parties, selecting the suitable and efficient
more » ... l integration strategy based on the real situation and cost of different integration strategies, focusing on the synergy effect and positive side of cross-border cultural difference, establishing their own corporate culture and behavioral norms shared in both two firms.
doi:10.23977/acccm.2022.040506 fatcat:kmuex4neuvbmhhmqo5trvsu2qu