Environmental and Organizational Factors of Mergers and Acquisitions - Acculturation as a Cultural Change Process

Authors

  • Balázs Heidrich University of Miskolc

Keywords:

Cultural change, Mergers and Acquisitions

Abstract

First a cultural change model was demonstrated, which tried to focus on both internal and external factors, which could have
influence on cultural changes in organizations. There was no intention at all to provide formula for cultural change rather to introduce the elements, which can play important role in the change process.
Further on the notion of mergers and acquisitions were introduced and a distinction was made. Different dimensions of the acculturation process were shown which are believed to be crucial to the success of any M&A process.
A strategic approach was put forward to emphasize the different organizational cultural perspectives, which are key factors to
achieve cultural synergy between the two (or more) organizational cultures.

References

HEIDRICH,B: The Change of Organizational Culture in the Transition Period in Hungary. Ph.D. dissertation (University of Miskolc Press, 1999)

SCHEIN, E..: Organizational Culture and Leadership (Jossey-Bass, San Francisco, 1985)

NAHAVANDI,A.-MALEKZADEH,A.R.:Organizational Culture in the Management of Mergers (Quorum Books, 1993)

MOROSINI, P.:Managing Cultural Differences. Effective Strategy and execution Across Cultures in Global Corporate Alliances (Pergamon, 1998)

VAARA,E.: Role-bound Actors in Corporate Combinations: a Sociopolitical Perspective on Post-Merger Change Processes (Scandinavian Management Journal, 17, 2001, pp.481-509)

GERTSEN,M.C.-SODERBERG,A.M.-TORP,J.E.(EDS.):Cultural Dimensions of International Mergers and Acquisitions (Walter de Gruyter, 1998)

VERY,P.- LUBATKIN, M.-CALORI,R.: A Cross-national Assessment of Acculturative Stress in Recent European Mergers. in. Gertsen,M.C.-Soderberg, A.M.-Torp,J.E..(eds): Cultural Dimensions of International Mergers and Acquisitions (Walter de Gruyter, 1998)

CARTWRIGHT, S.-COOPER, C.L.-JORDAN, J.:Managerial Preferences in International Mergers and Acquisition Partners (Journal of Strategic Change 4, 1995, pp.263-269)

VAARA. E.:Constructions of Cultural Diffrences in Post-Merger Change Processes: A Sensemaking Perspective on Finnish-Swedish Cases (M@n@gement, Vol.3., 2000, pp.81-110)

LARSSON, R.-RISBERG,A.:Cultural Awareness and National versus Corporate Barriers to Acculturation, in Gertsen,

M.C.-Soderberg, A.M. and Torp, J.E. (eds.) Cultural Dimensions of International Mergers and Acquisitions (Walter de

Gruyter, 1998, pp.39-57.)

MARTIN, J.: Cultures in Organizations. Three perspectives (Oxford University Press, 1992)

VAARA, E.: Cultural Differences and Post-merger Problems. Misconseptions and cognitive simplifications (Nordiske

Organisasjonsstudier, 1999, 1(2),pp.59-88)

HEIDRICH,B: A szervezeti kultúra változtatásáról és vezetési kérdéseirôl - On The Change And Leadership Aspects Of

Organizational Culture (Vezetéstudomány, 1998/1)

HEIDRICH, B.: Szervezeti kultúra és interkulturális menedzsment - Organizational Culture and Intercultural

management (Human Telex Consulting, 2001)

Downloads

Published

2002-02-23

How to Cite

Heidrich, B. (2002). Environmental and Organizational Factors of Mergers and Acquisitions - Acculturation as a Cultural Change Process. Theory, Methodology, Practice - Review of Business and Management, 1(01), 9–14. Retrieved from https://ojs.uni-miskolc.hu/index.php/tmp/article/view/1292

Issue

Section

Articles