ON THE CULTURAL INTEGRATION OF THE CROSS-BORDER M & A IN CHINA
ABSTRACT
90s of the 20th century the tide of economic globalization shown a trend of cross-border M & As is the rapid growth. More and more Chinese enterprises embark on the path of cross-border M & A. But the results of many cross-border M & A are not satisfactory. A lot of problems of the cross-border M & A reflect cultural differences, including corporate culture and national culture. This difference has played a big roll in the cross-border M & A. Chinese enterprises must carry out a wide range of cultural analysis, appropriate cultural integration model in order to ensure the successful transnational mergers and acquisitions. This paper attempts to analyze the status quo in cross-cultural integration of M & A as well as its reasons, importance and modes. Based on the views some concerns of cultural integration are mentioned.
KEYWORDS：Cultural Integration Transnational mergers and acquisitions Cultural Conflict
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