This article is based on the theory of merger and acquisition andcross-cultural management. The development of merger andacquisition is mentioned in the article, as well as the cross border M&A of Chinese enterprises.
The author highlights the importance of cultural integration in M&A through in-depth analysis of cases. It is believed that cultural integration plays a crucial role in M&A because it complements traditional integration in which cultural integration is ignored. Cultural integration is the “software” in the integration while structural integration is the “hardware”. Additionally, cultural integration is a complex process. This article summarizes the adaptable cultural mode after integration and gives many pieces of advice. Some cases about cross-border M&A by Chinese enterprises are introduced in the article in order to identify the problems and search for appropriate means to handle cultural integration. As Chinese enterprises are faced with more problems than any other enterprises in cross-border M&A due to cultural differences, cross-cultural management should play a key role in cultural integration. Therefore,Chinese enterprises should develop corporate culture conducive to cross-border management.
This article is intended to provide a set of management system of cultural integration for M&A enterprises so as to promote cultural construction of Chinese companies and enhance their competitiveness globally.
Keywords: Merger and acquisition, Cross-border, Cultural integration.
