Title :
The Dynamic Axle Circumrotating Model: A New Perspective of Cultural Integration in Cross-Border Merger & Acquisition
Author :
Tang Yanzhao ; Zhu Houyi
Author_Institution :
Sch. of Manage., Xiamen Univ., Xiamen, China
Abstract :
Based on the disadvantages of the current models of cultural integration in cross-border merger & acquisition (M&A) being static and general, this paper puts forward a dynamic axle model of cultural integration in cross-border M&A. The model includes three administrative levels: the inner level is about both sides´ values integration, which is the core of cultural integration in cross-border M&A. The attitude towards the integration should be to seek common points while maintaining differences; the middle level concerns the behavior mode integration. This article emphasizes the leader´s decision-making, ordinary employees´ cooperation, representative people´s support, and the openness and go-aheadism of the public relations activities. The outer level relates to the safeguard measures for cultural integration in cross-border M&A, which includes four processes: apperceiving and diagnosing, respecting and tolerating, integrating and innovating, and appraising and feeding back. These processes, which are circulatory, encircle the values system and behavior pattern.
Keywords :
corporate acquisitions; decision making; globalisation; human resource management; socio-economic effects; acquisition; behavior mode integration; behavior pattern; cross-border merger; cultural integration; decision making; dynamic axle circumrotating model; employee cooperation; feedback; public relation activities; representative people support; value integration; values system; Appraisal; Axles; Concrete; Corporate acquisitions; Cultural differences; Decision making; Globalization; Public relations; Strategic planning; Symbiosis;
Conference_Titel :
Management and Service Science, 2009. MASS '09. International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-4638-4
Electronic_ISBN :
978-1-4244-4639-1
DOI :
10.1109/ICMSS.2009.5300996