Do Cultural Differences Matter in Mergers and Acquisitions? A Tentative Model and Examination

Günter K. Stahl
Günter K. Stahl
[email protected]
INSEAD, 77309 Fontainebleau, France
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,
Andreas Voigt
Andreas Voigt
[email protected]
London Business School, Regent's Park, London NW1 4SA, United Kingdom
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Günter K. Stahl

[email protected]

INSEAD, 77309 Fontainebleau, France

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Andreas Voigt

[email protected]

London Business School, Regent's Park, London NW1 4SA, United Kingdom

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Published Online:1 Feb 2008https://doi.org/10.1287/orsc.1070.0270

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- Which partners become targets? The role of location in partner acquisitions
  Long Range Planning, Vol. 57, No. 1
- Interstate migration‐based social networks and M&A decisions
  28 May 2023 | Financial Review, Vol. 59, No. 1
- Three Decades of Cross-Border Mergers and Acquisitions Research: Mapping the Field and Paths Forward
  IEEE Transactions on Engineering Management, Vol. 71
- Calm in the Storm: Job Security and Postmerger Performance in Family Versus Non-Family Firm Mergers
  1 January 2024 | SSRN Electronic Journal, Vol. 20
- Does investor sentiment impact premiums in M&A transactions?
  1 January 2024 | Management international, Vol. 28, No. 3
- CultureBERT: Measuring Corporate Culture With Transformer-Based Language Models
- Acquisitions and Corporate Purpose
  Claudine Gartenberg,
  Shun Yiu
  26 May 2023 | Strategy Science, Vol. 8, No. 4
- Big oil and the energy transition: Evidence from M&A
  Energy Policy, Vol. 183
- Revisiting the relatedness hypothesis: The impact of merger relatedness on acquiring and rival firm value
  Long Range Planning, Vol. 56, No. 6
- Towards a more inclusive notion of values in acquisition research
  Long Range Planning, Vol. 56, No. 6
- Learning ‘from’ vs. learning ‘about’ partners in pre-acquisition strategic alliances: The role of familiarity
  Long Range Planning, Vol. 56, No. 6
- Managing legitimacy in a cross-border post-merger integration context: the role of language strategies
  8 August 2023 | The International Journal of Human Resource Management, Vol. 34, No. 21
- Do guanxi and harmonious leadership matter in the sociocultural integration by Chinese multinational enterprises in The Netherlands?
  1 February 2022 | International Journal of Emerging Markets, Vol. 18, No. 10
- Conflicts, trust toward the acquirer from emerging economies and post-acquisition cooperation intention
  28 September 2021 | International Journal of Emerging Markets, Vol. 18, No. 9
- What affects auditor choice in emerging markets? New evidence on the role of cultural distance
  17 August 2023 | Managerial Auditing Journal, Vol. 38, No. 7
- CEO international experience and firm performance revisited: What’s culture got to do with it?
  5 July 2023 | Journal of Global Mobility: The Home of Expatriate Management Research, Vol. 11, No. 4
- The role of environmental sustainability in the relocation choices of MNEs: Back to the home country or welcome in a new host country?
  Journal of International Management, Vol. 29, No. 5
- M&A successes: Breadth, depth, and deal completion time in the US semiconductor industry
  4 April 2021 | BRQ Business Research Quarterly, Vol. 26, No. 4
- Private Equity as an Intermediary in the Market for Corporate Assets
  Academy of Management Review, Vol. 48, No. 4
- National cultural distance and cross-border M&A
  1 July 2021 | Asia-Pacific Journal of Accounting & Economics, Vol. 30, No. 5
- Dynamics of Organizational Identification in the Wake of a Foreign Acquisition
  11 March 2022 | The Journal of Applied Behavioral Science, Vol. 59, No. 3
- The complexity of post‐mergers and acquisitions reorganization: Integration and differentiation
  1 July 2022 | Global Strategy Journal, Vol. 13, No. 3
- Managers as the bridge: How cultural friction influences the integration of cross-border mergers and acquisitions
  International Business Review, Vol. 32, No. 4
- Collaboration Platforms for Organizational Integration Uses and Benefits: A Review
  15 December 2023
- ‘Culture Eats Strategy for Breakfast’: Use and Abuse of Culture in International Strategy Research
  14 June 2023 | Strategic Management Review, Vol. 4, No. 2
- How to Synergize Different Institutional Logics of Firms in Cross-border Acquisitions: A Matching Theory Perspective
  16 February 2023 | Management International Review, Vol. 63, No. 3
- Sectoral and institutional characteristics of acquirers and targets: a dyadic approach to deal completion
  7 March 2023 | Review of International Business and Strategy, Vol. 33, No. 4
- Post-acquisition integration: Managing cultural differences and employee resistance using integration controls
  Accounting, Organizations and Society, Vol. 107
- Cultural heterogeneity, acquisition experience and the performance of Chinese cross-border acquisitions
  26 August 2021 | Journal of the Asia Pacific Economy, Vol. 28, No. 2
- Understanding knowledge transfer in M&As: An integration of resource orchestration and social capital theories and evidence from UK acquiring firms
  European Management Journal, Vol. 41, No. 2
- Move fast and break things! innovation-intensive strategy, organizational permissiveness, and corporate wrongdoing
  Long Range Planning, Vol. 56, No. 2
- Entangled modes: Boundaries to effective international knowledge sourcing through technology alliances and technology-based acquisitions
  Technovation, Vol. 122
- Surgical Leadership Competencies for Navigating Hospital Network Expansion
  Journal of Surgical Research, Vol. 283
- Managing competence-based synergy in acquisition processes: empirical evidence from the ICT and global cosmetic industries
  11 August 2020 | Knowledge Management Research & Practice, Vol. 21, No. 1
- Exploring the Impact of Context on Acquisition Integration Issues and Outcomes: Toward a Global Perspective
  17 June 2023
- Confucian culture and executive compensation: Evidence from China
  21 March 2022 | Corporate Governance: An International Review, Vol. 31, No. 1
- Local Cultural Transformation: Change, Cognition and Adaptation
  16 December 2022
- Mediating Role of Acculturation on Newcomer Employees Behavior and Performance of Mergers and Acquisitions Process: An Empirical Analysis of Indian Banking Sector
  The Open Psychology Journal, Vol. 15, No. 1
- Reshaping M&A research: Strategies and tactics for a new research agenda
  European Management Journal, Vol. 40, No. 6
- Mergers and acquisitions research — A bibliometric analysis
  European Management Journal, Vol. 40, No. 6
- The impact of distance on acquisition performance
  European Management Journal, Vol. 40, No. 6
- From a dyadic to a triadic perspective: Divestiture research implications for understanding pre- and post-acquisition processes
  European Management Journal, Vol. 40, No. 6
- Cross-border M&As: The impact of cultural friction and CEO change on the performance of acquired companies
  Journal of International Management, Vol. 28, No. 4
- The Role of Emotions in Cross-Border Mergers & Acquisitions: A Systematic Review of the Inter-Disciplinary Literature and Future Research Agenda
  Journal of International Management, Vol. 28, No. 4
- Does IT Matter to Acquisitions? The Impacts of IT Distance on Post-Acquisition Performance
  1 December 2022 | MIS Quarterly, Vol. 46, No. 4
- Experience Teaches Slowly: Non‐linear Effects of Top Management Teams’ International Experience on Post‐acquisition Performance
  22 August 2021 | British Journal of Management, Vol. 33, No. 4
- Resource Reconfiguration During Technological Change
  Tuhin Chaturvedi,
  John E. Prescott
  29 December 2021 | Strategy Science, Vol. 7, No. 3
- Mix It Up? The Influence of Team Composition on Employee Perceptions of Stressors in a Post-Merger Environment
  29 May 2020 | The Journal of Applied Behavioral Science, Vol. 58, No. 3
- Does Experience Improve Acquisition Performance? It’s Complicated, and That Is When It Helps Most
  Academy of Management Discoveries, Vol. 8, No. 3
- From play to pay: a multifunctional approach to the role of culture in post-merger integration
  3 September 2021 | Management Decision, Vol. 60, No. 7
- Performance of Chinese foreign subsidiaries: the role of national distance, organizational learning and overseas Chinese networks
  23 November 2021 | Management Decision, Vol. 60, No. 6
- CEO narcissism, brand acquisition and disposal, and stock returns
  13 April 2022 | Journal of the Academy of Marketing Science, Vol. 50, No. 4
- The Spillover Effect of Audit Firm Office Acquisition on the Audit Quality of the Existing Client Base
  3 June 2021 | Accounting Horizons, Vol. 36, No. 2
- Unveiling the Role of Cross-Cultural and Cognitive Differences in Organizational Learning Mechanism of Technology-Acquiring Cross-Border Mergers and Acquisitions: Evidence From Emerging Market Enterprises
  6 May 2022 | Frontiers in Psychology, Vol. 13
- Define the Process of Human Resource Integration in Cross-Border Acquisitions: Evidence from Chinese Oversea Acquisitions
  28 April 2022
- Acquisitions as programs: The role of sensemaking and sensegiving
  International Journal of Project Management, Vol. 40, No. 3
- Opportunism and trust in cross- national lateral collaboration: the Renault-Nissan Alliance and a theory of equity-trust
  Journal of World Business, Vol. 57, No. 3
- Making the unlikely marriage work: The integration process of Chinese strategic asset-seeking acquisitions
  Journal of World Business, Vol. 57, No. 3
- Investors' decisions following acquisition announcements: A configurational analysis of the role of acquirers' resources, capabilities, and strategic fit with the target firm
  17 August 2021 | European Management Review, Vol. 19, No. 1
- Marriage to the Same Kind: Organizational Political Ideology and Mergers and Acquisitions
  31 January 2021 | Organization Studies, Vol. 43, No. 4
- Interactions entre logiques institutionnelles et dynamiques culturelles dans le processus d’intégration public-privé
  Revue Internationale des Sciences Administratives, Vol. Vol. 88, No. 1
- Examining post-merger sociocultural integration in sport
  15 June 2020 | European Sport Management Quarterly, Vol. 22, No. 2
- M&As in Germany: measuring success for the pharma and biotech industries
  9 December 2020 | Journal of Business Strategy, Vol. 43, No. 2
- The influence of cultural tightness-looseness on cross-border acquisition performance
  Journal of Economic Behavior & Organization, Vol. 195
- Does corruption distance affect cross‐border acquisitions? Different tales from developed and emerging markets
  22 January 2022 | European Financial Management, Vol. 28, No. 2
- Interactions between institutional logics and cultural dynamics in the public–private integration process
  30 January 2020 | International Review of Administrative Sciences, Vol. 88, No. 1
- Timing Market Entry: The Mediation Effect of Market Potential
  23 December 2021 | Journal of International Marketing, Vol. 30, No. 1
- Leveraging international R&D teams of portfolio entrepreneurs and management controllers to innovate: Implications of algorithmic decision-making
  Journal of Business Research, Vol. 140
- Exploring and extending the synergy concept – a study of three acquisitions
  6 April 2021 | Journal of Business & Industrial Marketing, Vol. 36, No. 13
- Level and speed of acquisition integration and their effects on technological performance
  19 January 2021 | Journal of Strategy and Management, Vol. 14, No. 4
- Direct flights and cross-border mergers & acquisitions
  Journal of Corporate Finance, Vol. 70
- Employee Perspective on Mergers and Acquisitions (M&As): A State-of-the-art Literature Review and Synthesis
- Diversity management and postmergers and acquisitions performance
  29 April 2021 | Management Decision, Vol. 59, No. 10
- Cross-border mergers and acquisitions of emerging economies' multinational enterprises — The mediating role of socialization integration mechanisms for successful integration
  Human Resource Management Review, Vol. 31, No. 3
- Talent management and the HR function in cross-cultural mergers and acquisitions: The role and impact of bi-cultural identity
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- Human integration following M&A: Synthesizing different M&A research streams
  Human Resource Management Review, Vol. 31, No. 3
- Size effect and merger dominance in salesforce integration
  21 December 2020 | Journal of Business & Industrial Marketing, Vol. 36, No. 7
- A Meta‐Analytic Integration of Acquisition Performance Prediction
  12 October 2020 | Journal of Management Studies, Vol. 58, No. 5
- Lessons on a novel integration approach of emerging market acquisitions in developed countries
  30 November 2020 | International Journal of Emerging Markets, Vol. 16, No. 4
- Experiential learning for Chinese companies to complete cross-border acquisitions: the case of Chinese acquirers
  6 June 2020 | International Journal of Emerging Markets, Vol. 16, No. 4
- Sport sponsorship announcement and stock returns: a meta-analytic review
  17 December 2020 | International Journal of Sports Marketing and Sponsorship, Vol. 22, No. 3
- Do Chinese firms benefit from government ownership following cross-border acquisitions?
  International Business Review, Vol. 30, No. 3
- How post-merger integration duration affects merger outcomes
  23 September 2020 | Journal of Business & Industrial Marketing, Vol. 36, No. 5
- Impact of culture on organizational readiness to change: context of bank M&A
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- Cross-border M&As: Theorizing the negative effect of political ideology mismatch with host country labor institutional context on employee outcomes
  Journal of Business Research, Vol. 128
- Country institutional environments and international strategy: A review and analysis of the research
  Journal of International Management, Vol. 27, No. 1
- Unraveling the effects of cultural diversity in teams: A retrospective of research on multicultural work groups and an agenda for future research
  18 January 2021 | Journal of International Business Studies, Vol. 52, No. 1
- Critical success factors determining performance of cross‐border acquisition: Evidence from the African telecom market
  13 June 2020 | Thunderbird International Business Review, Vol. 63, No. 1
- New firm formation in the wake of mergers and acquisitions: An exploration of push and pull factors
  17 June 2020 | Journal of Evolutionary Economics, Vol. 31, No. 1
- Confucius Institute, Belt and Road Initiative, and Internationalization
  International Review of Economics & Finance, Vol. 71
- Uncertainty of M&As under asymmetric estimation
  Journal of Business Research, Vol. 122
- Trust, innovation and M&A value: An empirical study in China
  Procedia Computer Science, Vol. 187
- Acquirers’ Cultural Background and the Use of Earnouts
  16 July 2018 | Journal of Accounting, Auditing & Finance, Vol. 36, No. 1
- Corporate Purpose and Acquisitions
  SSRN Electronic Journal, Vol. 19
- Pandemic Arbitrage in Foreign Direct Investments: A Perspective on the Modes of Entry
  SSRN Electronic Journal, Vol. 74
- The impact of generational diversity amongst corporate leaders on organizational performance in the telecommunication industry in Zimbabwe
  SSRN Electronic Journal, Vol. 2
- Do Anglo-Saxons Affect Corporate Policies?
  SSRN Electronic Journal, Vol. 102
- Organisationsstruktur und Führungsstil nach Akquisitionen – eine empirische Untersuchung
  1 December 2020 | Schmalenbachs Zeitschrift für betriebswirtschaftliche Forschung, Vol. 72, No. 4
- The role of internationalization in enhancing the innovation performance of Chinese EMNEs: A geographic relational approach
  Journal of International Management, Vol. 26, No. 4
- Untangling the Integration–Performance Link: Levels of Integration and Functional Integration Strategies in Post‐Acquisition Integration
  18 March 2020 | Journal of Management Studies, Vol. 57, No. 8
- M&A Open Innovation, and Its Obstacle: A Case Study on GCC Region
  Journal of Open Innovation: Technology, Market, and Complexity, Vol. 6, No. 4
- Geographic Roll-Up Acquisition Programs and Their Performance Implication
- Global strategic context and CEO appointments: The importance of a global mind‐set
  27 July 2018 | Global Strategy Journal, Vol. 10, No. 4
- Firms' heterogeneity, relationship embeddedness, and innovation development in competitive alliances
  Industrial Marketing Management, Vol. 91
- Culture, power, and hybrid HR system in foreign-invested enterprises: evidence from China
  13 March 2018 | The International Journal of Human Resource Management, Vol. 31, No. 18
- Spreading the sin: An empirical assessment from corporate takeovers
  International Review of Financial Analysis, Vol. 71
- Acquirer’s Absorptive Capacity and Firm Performance: The Perspectives of Strategic Behavior and Knowledge Assets
  12 October 2020 | Sustainability, Vol. 12, No. 20
- Brazilian Natura & Co: creating cosmetic powerhouse. Empirical evidence of competence-based synergies in M&A processes
  Academia Revista Latinoamericana de Administración, Vol. 34, No. 1
- Surviving after Cross-Border Acquisitions: How Business Relatedness, Host Country Experience, and Cultural Distance Affect Acquired Firms
  19 August 2020 | Sustainability, Vol. 12, No. 17
- The impact of institutional distance on sustainable investment: evidence from China’s Belt and Road Initiative
  Nankai Business Review International, Vol. 11, No. 4
- Upgrading without formal integration in M&A: The role of social integration
  15 October 2019 | Global Strategy Journal, Vol. 10, No. 3
- The stock market performance of exploration-oriented and exploitation-oriented cross-border mergers and acquisitions: Evidence from emerging market enterprises
  International Business Review, Vol. 29, No. 4
- The Effect of Mergers and Acquisitions on Employees: Wealth Transfer, Gain‐Sharing or Pain‐Sharing?
  5 November 2019 | British Journal of Management, Vol. 31, No. 3
- Impact of Stock Payment on M&A Performance in High Information Asymmetry
  Moscow University Economics Bulletin, Vol. 2020, No. 3
- Chinese cross-border M&As in the “One Belt One Road” countries: The impact of Confucius Institutes
  China Economic Review, Vol. 61
- Cultural differences and synergy realization in cross-border acquisitions
  International Business Review, Vol. 29, No. 3
- Disentangling acquisition experience: A multilevel analysis and future research agenda
  Scandinavian Journal of Management, Vol. 36, No. 2
- Duality in Diversity: How Intrapersonal and Interpersonal Cultural Heterogeneity Relate to Firm Performance
  17 April 2019 | Administrative Science Quarterly, Vol. 65, No. 2
- Moderating Effect of the Continental Factor on the Business Strategy and M&A Performance in the Pharmaceutical Industry for Sustainable International Business
  18 June 2020 | Sustainability, Vol. 12, No. 12
- Institutional distance and cross-border M&A performance: A dynamic perspective
  Journal of International Financial Markets, Institutions and Money, Vol. 66
- Navigating the New Normal: Political Affinity and Multinationals’ Post‐Acquisition Performance
  23 December 2019 | Journal of Management Studies, Vol. 57, No. 3
- The Roles of Chinese CEOs in Managing Individualistic Cultures in Cross‐border Mergers and Acquisitions
  13 February 2020 | Journal of Management Studies, Vol. 57, No. 3
- Uncovering neglected success factors in post-acquisition reverse capability transfer: Evidence from Chinese multinational corporations in Europe
  Journal of World Business, Vol. 55, No. 3
- Integration in Mergers and Acquisitions: Bringing Together Type of Diversification, Synergy Potential and Cultural Distance
  8 May 2020 | NHRD Network Journal, Vol. 13, No. 2
- Fear-Free Cross-Cultural Communication: Toward a More Balanced Approach With Insight From Neuroscience
  4 March 2020 | Frontiers in Communication, Vol. 5
- Facilitating speed of internationalization: The roles of business intelligence and organizational agility
  Journal of Business Research, Vol. 110
- Do Synergies Pop up Magically in Digital Transformation-Based Retail M&A? Valuing Synergies with Real Options Application
  Journal of Open Innovation: Technology, Market, and Complexity, Vol. 6, No. 1
- Dimensions and indicators of non-profit financial condition: Evidence from South African public universities
  11 March 2020 | South African Journal of Economic and Management Sciences, Vol. 23, No. 1
- Conceptualizing and Measuring Distance in International Business Research: Recurring Questions and Best Practice Guidelines
  7 December 2019
- Organizational Political Ideology, Host Country Institutions, and Impact on Employee Outcomes
  22 December 2019
- The Notion of Fit in Merger and Acquisition Research
  8 March 2020
- The Notion of Performance in Merger and Acquisition Research
  8 March 2020
- Corporate Culture as a Theory of the Firm
  SSRN Electronic Journal, Vol. 62
- What Mergers and Acquisitions Research is about – Theories, Topics, and the Scientific Community
  SSRN Electronic Journal, Vol. 14
- CEO International Background and Cross-Border M&As
  SSRN Electronic Journal, Vol. 117
- Sport Sponsorship Announcement and Stock Returns: A Meta-Analytic Review
  SSRN Electronic Journal, Vol. 58
- Cultural Distance and Payment Method in French Cross-Border Acquisitions
  4 May 2020 | Management international, Vol. 24, No. 1
- Stock Market Reactions to New Product Launches in International Markets: The Moderating Role of Culture
  10 October 2019 | Journal of International Marketing, Vol. 27, No. 4
- Mergers and Acquisitions: Exploitation and Exploration
- Empirical research on mergers’ leverage dynamics and post-merger integration duration
  Managerial Finance, Vol. 45, No. 10/11
- Mergers & acquisitions and the acquirer-target cultural differences
  3 September 2018 | Review of Quantitative Finance and Accounting, Vol. 53, No. 3
- Individualism and Venture Capital: A Cross-Country Study
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- Don’t Get It Misconstrued: Executive Construal-Level Shifts and Flexibility in the Upper Echelons
  Academy of Management Review, Vol. 44, No. 4
- Valuation effects of cultural disparity on cross border mergers: The evidence from India
  26 October 2019 | International Journal of Finance & Banking Studies (2147-4486), Vol. 8, No. 4
- The function-specific microfoundations of dynamic capabilities in cross-border mergers and acquisitions
  International Business Review, Vol. 28, No. 4
- Building trust in cross-cultural integration: A study of Chinese mergers and acquisitions in Germany
  1 July 2019 | International Journal of Cross Cultural Management, Vol. 19, No. 2
- How Do Mobility Direction and Human Assets of Mobile Engineers Affect Joint Knowledge Creation after M&As?
  15 August 2019 | Sustainability, Vol. 11, No. 16
- The introduction of hospital networks in Belgium: The path from policy statements to the 2019 legislation
  Health Policy, Vol. 123, No. 7
- Workplace Diversity and Gender in Merger and Acquisition Research
- Beyond merger syndrome and cultural differences: New avenues for research on the “human side” of global mergers and acquisitions (M&As)
  Journal of World Business, Vol. 54, No. 4
- The Impact of Organizational Culture Differences, Synergy Potential, and Autonomy Granted to the Acquired High-Tech Firms on the M&A Performance
  3 May 2017 | Group & Organization Management, Vol. 44, No. 3
- Cross-Border Mergers and Acquisitions as a Challenge for Sustainable Business
  3 June 2019 | Sustainability, Vol. 11, No. 11
- Cultural distance and value creation of cross-border M&A: The moderating role of acquirer characteristics
  International Review of Financial Analysis, Vol. 63
- Shareholder wealth effects of cultural diversity among blockholders: Evidence from cross‐border acquisitions by U.S.‐listed companies
  11 April 2019 | Corporate Governance: An International Review, Vol. 27, No. 3
- The roles of social identity and dynamic salient group formations for ERP program management success in a postmerger context
  21 September 2018 | Information Systems Journal, Vol. 29, No. 3
- Integration duration of post-merger and leverage dynamics of mergers: theory and evidence
  Pacific Accounting Review, Vol. 31, No. 2
- Home Country Institutions Behind Cross-Border Acquisition Performance
  22 March 2017 | Journal of Management, Vol. 45, No. 4
- Research on Tibetan Folk’s Contemporary Tibetan Cultural Adaptive Differences and Its Influencing Factors—Taking ShigatseCity, Tibet, China as an Example
  2 April 2019 | Sustainability, Vol. 11, No. 7
- Changement culturel et hybridité organisationnelle dans le cas d’un rapprochement public-privé
  Gestion 2000, Vol. Volume 35, No. 6
- A paradoxical approach symbiotic to postmerger integration: a French longitudinal case study
  European Business Review, Vol. 31, No. 2
- How Opportunistic Culture Affects Financial Performance in Outsourcing Relationships: A Meta-Analysis
  Journal of International Management, Vol. 25, No. 1
- Contrasting Germany and China: What Is the Influence of Culture and Learning on the PMI-Process?
  16 December 2018
- M&As, CSR, and Stakeholders: An Integrative Framework
  27 February 2019
- The Role of Organizational Identity in Post-Merger Integration
  8 August 2019
- The Use of Distance Metrics in Managing Business Process Transfer - An Exploratory Case Study
  3 January 2020
- Subjective Bias in Talent Identification
  27 September 2018
- Acculturation Process in Cross-border M&A: A Case Study of a Brazilian Automobile Firm
  9 January 2019
- Viceroys or Emperors? An Institution‐Based Perspective on Merger and Acquisition Prevalence and Shareholder Value
  25 March 2018 | Journal of Management Studies, Vol. 56, No. 1
- Exploration outcomes of M&A: the interplay between coordination mechanisms and acquisition experience
  7 February 2018 | R&D Management, Vol. 49, No. 1
- Value Creation in Acquisitions Through the Looking Glass of IT: Examining the Effects of IT Distance on Acquisition Performance
  SSRN Electronic Journal, Vol. 105
- Individualism and Venture Capital: A Cross-Country Study
  SSRN Electronic Journal, Vol. 91
- Firms of a Feather Merge Together: The Coordination Benefits of Compatible Cultures
  SSRN Electronic Journal, Vol. 21
- Competitive Market Embeddedness, Diversity of the Institutional Environment, and Firm Performance
  2 April 2020 | Management international, Vol. 23
- Managing patterns of internationalization, integration, and identity transformation: The post-acquisition metamorphosis of an Arabian Gulf EMNC
  Journal of Business Research, Vol. 93
- Conceptualizing and measuring distance in international business research: Recurring questions and best practice guidelines
  15 October 2018 | Journal of International Business Studies, Vol. 49, No. 9
- The Kogut and Singh national cultural distance index: Time to start using it as a springboard rather than a crutch
  5 October 2018 | Journal of International Business Studies, Vol. 49, No. 9
- Post-acquisition integrative versus independent innovation: A story of dueling success factors
  Research Policy, Vol. 47, No. 9
- Acquisition integration flexibility: toward a conceptual framework
  22 October 2018 | Journal of Strategy and Management, Vol. 11, No. 4
- Institutions, paradoxes, and compensation logics: evidence from corporate values of the largest Chinese and US companies
  19 July 2018 | Asia Pacific Business Review, Vol. 24, No. 5
- Chinese reverse M&A: the Wu Wei paradigm of post-M&A integration process
  25 September 2018 | Chinese Management Studies, Vol. 12, No. 4
- The Effect of Cultural Similarity on Mergers and Acquisitions: Evidence from Corporate Social Responsibility
  22 August 2018 | Journal of Financial and Quantitative Analysis, Vol. 53, No. 5
- Cross-border Mergers and Acquisitions in the Context of Perception of the Factors of Their Implementation in the Pre- and-Post-Merger-and-Acquisition Process
  Politická ekonomie, Vol. 66, No. 5
- Emotions and Virtual Teams in Cross-border Acquisitions
  11 September 2018
- How a Firm's Domestic Footprint and Domestic Environmental Uncertainties Jointly Shape Added Cultural Distances: The Roles of Resource Dependence and Headquarters Attention
  29 November 2017 | Journal of Management Studies, Vol. 55, No. 6
- Assembling Frameworks for Strategic Innovation Enactment: Enhancing Transformational Agility through Situational Scanning
  25 July 2018 | Administrative Sciences, Vol. 8, No. 3
- Social capital is not for sale: a supply network perspective on mergers and acquisitions
  Supply Chain Management: An International Journal, Vol. 23, No. 5
- Re-Interpreting Signaling with Systems Thinking: A Concept for Improving Decision-Making Quality
  30 September 2017 | Systemic Practice and Action Research, Vol. 31, No. 4
- The emotions of top managers and key persons in cross-border M&As: Evidence from a longitudinal case study
  International Business Review, Vol. 27, No. 4
- Partial or total integration in a cross‐border merger? Building a Nordic bank culture
  11 September 2017 | Thunderbird International Business Review, Vol. 60, No. 4
- Examining consumer responses to cross-border brand acquisitions
  24 May 2018 | European Journal of Marketing, Vol. 52, No. 7/8
- Mind your language!: role of language in strategic partnerships and post-merger integration
  Journal of Global Operations and Strategic Sourcing, Vol. 11, No. 2
- Effect of cultural distance on reverse technology spillover from outward FDI: a bane or a boon?
  24 July 2017 | Applied Economics Letters, Vol. 25, No. 10
- Looking into the ‘black box’ – unlocking the effect of integration on acquisition performance
  European Management Journal, Vol. 36, No. 3
- How do each dimension of Hofstede’s national culture separately influence M&A success in cross-border M&As?
  Transnational Corporations Review, Vol. 10, No. 2
- Areas to Watch During a M&A Transaction
- Reflecting on the Use of Ethnographic Methods in the Study of Mergers
- Advancing Research on the Influences of Social Media on Human Resources in Mergers and Acquisitions
- Strategic resources: a missing role in understanding integration speed in international acquisition
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- Linking Merger and Acquisition Strategies to Postmerger Integration: A Configurational Perspective of Human Resource Management
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- Should start-ups embrace a strategic approach toward integrating foreign stakeholders into their network?
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- Target choice and unique synergies in global mobile telephony: a dyadic approach
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- Family involvement in publicly traded firms and firm performance: a meta-analysis
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- Structural Changes to the Public Sector and Cultural Incompatibility: The Consequences of Inadequate Cultural Integration
  12 August 2017 | Australian Journal of Public Administration, Vol. 77, No. 1
- Differential Impacts of Functional, Geographical, and Hierarchical Diversity on Knowledge Sharing in the Midst of Organizational Change
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- Dialogue as a source of positive emotions during cross-border post-acquisition socio-cultural integration
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- A New Research Agenda for Managing Socio-Cultural Integration
  11 April 2018
- Managerial Biases in Mergers and Acquisitions
  4 September 2018
- Cross-border post-merger integration and technology innovation: A resource-based view
  Economic Modelling, Vol. 68
- Research on Culture and International Acquisition Performance: A Critical Evaluation and New Directions
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- Cultural Distance and Firm Internationalization: A Meta-Analytical Review and Theoretical Implications
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- The Impact of Audit Firm Office Acquisition on Subsequent Audit Effectiveness and Efficiency
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- Women and Entrepreneurship: A Comprehensive Meta-Analysis
  SSRN Electronic Journal, Vol. nique to multivariate
- What Goes Wrong in M&As? On the Long-Run Success Factors in M&As
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- The Pattern of M & A Integration: A Literature Review
  American Journal of Industrial and Business Management, Vol. 08, No. 02
- Integration decision-making in technology-sourcing cross-border M&As: a mathematical model
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- Business group affiliation and post-acquisition performance: An extended resource-based view
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- Enhancing performance of cross-border mergers and acquisitions in developed markets: The role of business ties and technological innovation capability
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- Strategic Merger through the Backdoor Listing: Kakao and Daum Case in IT service industry in Korea
  Journal of New Industry and Business, Vol. 35, No. 2
- The Psychic Distance Hazards in Cross-Border Acquisition Performance: An Empirical Study of Cross-Border Acquisitions from 26 Countries
- Cultural Distance, Reputation Transferability and Cross-Border Acquisitions: A Consumer Perspective
- Cultural and organizational integration in cross-border M&A deals
  Journal of Organizational Change Management, Vol. 30, No. 7
- Culture In Mergers And Acquisitions
- The impact of firm ownership, board monitoring on operating performance of Chinese mergers and acquisitions
  8 November 2016 | Review of Quantitative Finance and Accounting, Vol. 49, No. 4
- Integration and autonomy in Chinese technology-sourcing cross-border M&As: from the perspective of resource similarity and resource complementarity
  29 November 2016 | Technology Analysis & Strategic Management, Vol. 29, No. 9
- Optimal location of a multinational corporation resulting from knowledge transfer
  Journal of Management Development, Vol. 36, No. 9
- The Challenge of Integration: A Review of the M&A Integration Literature
  3 April 2016 | International Journal of Management Reviews, Vol. 19, No. 4
- Resource availability, international acquisition experience, and cross-border M&A target search
  Multinational Business Review, Vol. 25, No. 3
- Perceptions of justice and organisational commitment in international mergers and acquisitions
  International Marketing Review, Vol. 34, No. 5
- Marketing research on mergers and acquisitions: a systematic review and future directions
  International Marketing Review, Vol. 34, No. 5
- Institutional impacts on ownership decisions by emerging and advanced market MNCs
  Cross Cultural & Strategic Management, Vol. 24, No. 3
- How Industry Lifecycle Sets Boundary Conditions for M&A Integration
  Long Range Planning, Vol. 50, No. 4
- Acquirers’ prior related knowledge and post-acquisition integration
  Journal of Organizational Change Management, Vol. 30, No. 4
- Organizational culture differences and post-acquisition performance
  Leadership & Organization Development Journal, Vol. 38, No. 5
- The Decision to Retain and Reduce Human Resources in Mergers and Acquisitions
- How resource information backgrounds trigger post-merger integration and technology innovation? A dynamic analysis of resource similarity and complementarity
  18 May 2016 | Computational and Mathematical Organization Theory, Vol. 23, No. 2
- The financial and operational performances after horizontal M&A: Empirical analysis
- Which Resources Matter How and Where? A Meta‐Analysis on Firms’ Foreign Establishment Mode Choice
  2 August 2016 | Journal of Management Studies, Vol. 54, No. 3
- Emerging multinationals investing in developed countries
  Management Research: Journal of the Iberoamerican Academy of Management, Vol. 15, No. 1
- Internationalization of firms: revitalizing the board of directors after a cross-border acquisition
  Management Research: Journal of the Iberoamerican Academy of Management, Vol. 15, No. 1
- Who asks for higher merger and acquisition premiums? The perspective of national collectivism
  23 June 2017 | China Journal of Accounting Studies, Vol. 5, No. 2
- Embracing the foreign: Cultural attractiveness and international strategy
  23 June 2016 | Strategic Management Journal, Vol. 38, No. 4
- Cross‐border acquisitions and the asymmetric effect of power distance value difference on long‐term post‐acquisition performance
  13 July 2016 | Strategic Management Journal, Vol. 38, No. 4
- Equity Ownership in Cross‐border Mergers and Acquisitions by British Firms: An Analysis of Real Options and Transaction Cost Factors
  19 February 2017 | British Journal of Management, Vol. 28, No. 2
- Triggering Innovation Through Mergers and Acquisitions
  21 March 2017 | Group & Organization Management, Vol. 42, No. 2
- Successfully Managing the Sociocultural Integration Process in International Acquisitions: A Qualitative Analysis of Canon's Acquisition of Océ
  2 June 2016 | Thunderbird International Business Review, Vol. 59, No. 2
- (B)ELF in multicultural student teamwork
  14 March 2017 | Journal of English as a Lingua Franca, Vol. 6, No. 1
- The double-edged sword of cultural distance in international alliances
  Cross Cultural & Strategic Management, Vol. 24, No. 1
- The upside of cultural differences
  Cross Cultural & Strategic Management, Vol. 24, No. 1
- Meta-analyses of culture’s consequences for acquisition performance
  International Journal of Emerging Markets, Vol. 12, No. 1
- Cross-Border Mergers and Acquisitions from India: Motives and Integration Strategies of Indian Acquirers
  6 November 2016
- Africa: An Emerging Context for Value Creation with Cross-Border Mergers and Acquisitions
  6 November 2016
- The Role of Trust in Value Creation: The Case of a Cross-Border Acquisition in Russia
  6 November 2016
- M&A Success and Failure: The Role of Synergy Management
  30 August 2016
- Why and How Does Shared Language Affect Subsidiary Knowledge Inflows? A Social Identity Perspective
- European Entry Decisions in China: The Role of Cultural Perceptions
  19 September 2017
- The Effect of Cultural Similarity on Mergers and Acquisitions: Evidence from Corporate Social Responsibility
  SSRN Electronic Journal, Vol. 69
- Duality in Diversity: Cultural Heterogeneity, Language, and Firm Performance
  SSRN Electronic Journal, Vol. 10
- The Process of Postmerger Integration: A Review and Agenda for Future Research
  Academy of Management Annals, Vol. 11, No. 1
- Trade Networks and Cross-Border Acquisitions: Evidence from United States Acquiring Firms
  21 December 2016 | Asia-Pacific Journal of Financial Studies, Vol. 45, No. 6
- Comparing critical success factors between European M&As in China and Chinese M&As in Europe
  Journal of Organizational Change Management, Vol. 29, No. 7
- Linking leaders' identity work and human resource management involvement: the case of sociocultural integration in Chinese mergers and acquisitions
  22 April 2015 | The International Journal of Human Resource Management, Vol. 27, No. 20
- Untangling micro-behavioral sources of failure in mergers and acquisitions: a theoretical integration and extension
  9 June 2015 | The International Journal of Human Resource Management, Vol. 27, No. 20
- The moderating effects of decision-making preferences on M&A integration speed and performance
  30 December 2015 | The International Journal of Human Resource Management, Vol. 27, No. 20
- The moderating role of transformational leadership on HR practices in M&A integration
  19 July 2016 | The International Journal of Human Resource Management, Vol. 27, No. 20
- HR practices, context and knowledge transfer in M&A
  29 August 2016 | The International Journal of Human Resource Management, Vol. 27, No. 20
- Technological acquisitions: The impact of geography on post-acquisition innovative performance
  Research Policy, Vol. 45, No. 9
- Prelims
- Market Reactions to Corporate Environmental Performance Related Events: A Meta-analytic Consolidation of the Empirical Evidence
  7 March 2015 | Journal of Business Ethics, Vol. 138, No. 3
- ‘Western’ professional ethics challenged by foreign acquisitions: German managers’ patterns of interpretation surrounding Chinese and Indian investors
  Geoforum, Vol. 75
- Language as a key factor of long-term value creation in mergers and acquisitions in the telecommunications sector
  Telecommunications Policy, Vol. 40, No. 10-11
- Getting post-M&A integration mechanisms tuned in to technological relatedness and innovation synergy realisation
  4 May 2016 | Technology Analysis & Strategic Management, Vol. 28, No. 8
- Speed of acquisition integration: Separating the role of human and task integration
  Scandinavian Journal of Management, Vol. 32, No. 3
- Are the extent and effect of psychic distance perceptions symmetrical in cross-border M&As? Evidence from a two-country study
  31 August 2016 | Journal of International Business Studies, Vol. 47, No. 7
- Inter‐Organizational Fit, Relationship Management Capability, and Collaborative Performance within a Humanitarian Setting
  1 September 2016 | Production and Operations Management, Vol. 25, No. 9
- Effects of cultural distance on foreign acquisitions: evidence from italian acquired firms
  MERCATI & COMPETITIVITÀ, No. 3
- Widening the lens: Rethinking distance, diversity, and foreignness in international business research through positive organizational scholarship
  3 August 2016 | Journal of International Business Studies, Vol. 47, No. 6
- A cultural integration path for cross-border mergers and acquisitions from the perspective of acculturation
  Nankai Business Review International, Vol. 7, No. 3
- Dynamique des relations coopératives suite à une acquisition d’entreprise
  27 October 2016 | Revue Française de Gestion, Vol. 42, No. 259
- Location of a multinational corporation in a cluster
  Multinational Business Review, Vol. 24, No. 2
- Interaction of Cultural and Technological Distance in Cross-Border, High-Technology Acquisitions
- A capabilities‐based perspective on target selection in acquisitions
  6 June 2015 | Strategic Management Journal, Vol. 37, No. 7
- A Sociocultural Perspective on Knowledge Transfer in Mergers and Acquisitions
  16 April 2014 | Journal of Management, Vol. 42, No. 5
- Emerging economies and institutional quality: Assessing the differential effects of institutional distances on ownership strategy
  Journal of World Business, Vol. 51, No. 4
- Post-acquisition Integration Management and Takeover Performance
  21 April 2017 | Journal of General Management, Vol. 41, No. 4
- Cultural Change Following International Acquisitions: Cohabiting the Tension Between Espoused and Practiced Cultures
  1 March 2016 | Management International Review, Vol. 56, No. 2
- Exploring the factors influencing the negotiation process in cross-border M&A
  International Business Review, Vol. 25, No. 2
- Reconceptualizing cultural distance: The role of cultural experience reserve in cross-border acquisitions
  Journal of World Business, Vol. 51, No. 3
- Conflicting Subcultures in Mergers and Acquisitions: a Longitudinal Study of Integrating a Radical Internet Firm into a Bureaucratic Telecoms Firm
  27 January 2016 | British Journal of Management, Vol. 27, No. 2
- Knowledge transfer and cross-border acquisition performance: The impact of cultural distance and employee retention
  International Business Review, Vol. 25, No. 1
- M&A and innovation: The role of integration and cultural differences—A central European targets perspective
  International Business Review, Vol. 25, No. 1
- “Us vs. them” or “us over them”? On the roles of similarity and status in M&As
  International Business Review, Vol. 25, No. 1
- Employing critical incident technique as one way to display the hidden aspects of post-merger integration
  International Business Review, Vol. 25, No. 1
- Selection, valuation and performance assessment: Are these truly inter-linked within the M&A transactions?
  International Business Review, Vol. 25, No. 1
- The international experience in domestic mergers – Are purely domestic M&A a myth?
  International Business Review, Vol. 25, No. 1
- Interorganizational encounters: An overview
  International Business Review, Vol. 25, No. 1
- Adidas and Reebok: What Expatriate Managers Need to Manage M&As Across Cultures
- Creating Value in Cross-Border M&As through Strategic Network
- Psychological Safety During Military Integrations
  29 July 2016
- International strategy: From local to global and beyond
  Journal of World Business, Vol. 51, No. 1
- Cultural Differences, Synergies and Mergers and Acquisitions
  SSRN Electronic Journal, Vol. 2
- The Multilayered Acculturation Challenge of MNCss Subsidiaries in Strategic Alliances: Threat or Opportunity for Innovation?
  SSRN Electronic Journal, Vol. 24
- Development and Training at Mergers and Acquisitions
  Procedia - Social and Behavioral Sciences, Vol. 209
- Strategic similarity and acquisition outcomes at the target: Evidence from China’s beer industry
  8 July 2015 | Asian Business & Management, Vol. 14, No. 5
- The Trojan horse mechanism and reciprocal sense-giving to urgent strategic change
  Journal of Organizational Change Management, Vol. 28, No. 6
- How do high-technology firms create value in international M&A? Integration, autonomy and cross-border contingencies
  Journal of World Business, Vol. 50, No. 4
- Post-acquisition Performance: Contingency of Acquisition Strategy
  Procedia - Social and Behavioral Sciences, Vol. 207
- Confirmation bias in individual-level perceptions of psychic distance: An experimental investigation
  9 July 2015 | Journal of International Business Studies, Vol. 46, No. 8
- Multinational enterprises from emerging economies: what theories suggest, what evidence shows. A literature review
  21 April 2015 | Economia e Politica Industriale, Vol. 42, No. 3
- Country-level antecedents of target firms’ post-acquisition business performance: A study of inbound Japanese and Korean M&As
  29 July 2015 | Asian Business & Management, Vol. 14, No. 4
- Synergy management pitfalls in mergers and acquisitions
  Management Decision, Vol. 53, No. 7
- Performance of unlisted Italian companies acquired by multinationals from emerging markets
  Journal of Organizational Change Management, Vol. 28, No. 5
- Culture clashes in cross-border mergers and acquisitions: A case study of Sweden's Volvo and South Korea's Samsung
  International Business Review, Vol. 24, No. 4
- Legitimacy defense during post-merger integration: Between coupling and compartmentalization
  6 April 2015 | Strategic Organization, Vol. 13, No. 3
- Post-Merger Integration: Looking under the Haziness of Culture Conflict
- Biotechnological mergers and acquisitions: features, trends and new dynamics
  Journal of Research in Marketing and Entrepreneurship, Vol. 17, No. 1
- Marriage for better or for worse? Towards an analytical framework to manage post-merger integration process
  Business Process Management Journal, Vol. 21, No. 4
- The human aspect of cross-border acquisition outcomes: The role of management practices, employee emotions, and national culture
  International Business Review, Vol. 24, No. 3
- Contextual Distance and the International Strategic Alliance Performance: A Conceptual Framework and a Partial Meta-analytic Test
  8 June 2015 | Management and Organization Review, Vol. 11, No. 2
- Why and how does shared language affect subsidiary knowledge inflows? A social identity perspective
  2 April 2015 | Journal of International Business Studies, Vol. 46, No. 5
- Market reaction to enterprise applications: a multicultural perspective
  Journal of Accounting & Organizational Change, Vol. 11, No. 2
- When to buy or sell in supply chains with the presence of mergers
  International Journal of Production Economics, Vol. 163
- Towards a more balanced treatment of culture in international business studies: The need for positive cross-cultural scholarship
  18 December 2014 | Journal of International Business Studies, Vol. 46, No. 4
- The effect of leadership style on talent retention during Merger and Acquisition integration: evidence from China
  2 May 2014 | The International Journal of Human Resource Management, Vol. 26, No. 7
- Customer retention: A source of value for serial acquirers
  Industrial Marketing Management, Vol. 46
- Antecedents of marketing integration in cross-border mergers and acquisitions
  International Marketing Review, Vol. 32, No. 1
- Culture and Corporate Governance: The Influence of Language and Religion in Switzerland
  6 September 2014 | Management International Review, Vol. 55, No. 1
- post‐acquisition integration
  22 January 2015
- Cultural Distance
  21 January 2015
- Cultural influences and the mediating role of socio-cultural integration processes on the performance of cross-border mergers and acquisitions
  2 June 2014 | The International Journal of Human Resource Management, Vol. 26, No. 2
- Evidence Based Management
  6 January 2015
- Organizational Identification at Cross-Border Mergers and Acquisitions: A Theoretical Concept
  14 April 2015
- Corporate Cultures Integration and Organizational Performance: A Conceptual Model on the Performance of Acquiring Companies
  Procedia - Social and Behavioral Sciences, Vol. 172
- Moderating Role of Contextual Factors on the Impact of Cultural Distance: A Conceptual Study
  SSRN Electronic Journal, Vol. 17
- Market for Corporate Control and Contractual Buyout (CoBO): A New 'Collective Ownership-and-Administrative' Strategy
  SSRN Electronic Journal, Vol. 14
- Desempenho de fusões e aquisições cross border: análise empírica do caso brasileiro
  Revista de Administração de Empresas, Vol. 54, No. 6
- Looking Toward the Future of IT–Business Strategic Alignment Through the Past: A Meta-Analysis1
  1 December 2014 | MIS Quarterly, Vol. 38, No. 4
- Bridging the Cultural Divide: The Role of Foreign Directors in Cross-Border Mergers
- Employee Productivity, Employment Growth, and the Cross‐Border Acquisitions by Emerging Market Firms
  31 July 2014 | Human Resource Management, Vol. 53, No. 6
- Organizational Structure and Acculturation in Acquisitions
  26 April 2012 | Journal of Management, Vol. 40, No. 7
- Structure First! Temporal Dynamics of Structural and Cultural Integration in Cross-Border Acquisitions
- The Role of Leadership in Mergers and Acquisitions: A Review of Recent Empirical Studies
- Attributional tendencies in cultural explanations of M&A performance
  31 July 2013 | Strategic Management Journal, Vol. 35, No. 9
- Maturing, Technology-Based, Born-Global Companies: Surviving Through Mergers and Acquisitions
  23 July 2014 | Management International Review, Vol. 54, No. 4
- Knowledge transfer, governance mechanisms in alliance and environmental uncertainty
  Chinese Management Studies, Vol. 8, No. 3
- How mindfulness and acquisition experience affect acquisition performance
  Management Decision, Vol. 52, No. 6
- Exchanging Social Information Across Cultural Boundaries
  30 April 2014 | Journal of Management, Vol. 40, No. 5
- Mergers and Acquisitions Failures
- References
- The Role of Organisational Culture in the Merger of English Local Authorities into a Single Unitary Authority
  18 July 2013 | Local Government Studies, Vol. 40, No. 3
- Exploration and exploitation in mergers and acquisitions
  International Journal of Organizational Analysis, Vol. 22, No. 1
- Not All Differences Are the Same: Dual Roles of Status and Cultural Distance in Sociocultural Integration in Cross-border M&As
  Journal of International Management, Vol. 20, No. 1
- Antecedents of M&A success: The role of strategic complementarity, cultural fit, and degree and speed of integration
  26 April 2013 | Strategic Management Journal, Vol. 35, No. 2
- The impact of post-merger integration on the customer–supplier relationship
  Industrial Marketing Management, Vol. 43, No. 2
- Culture and Negotiation
- Cross-border M&As and Performance: Empirical Evidence
- Entry Motives, Psychic Effects and Post-Acquisition Strategies of Emerging Economy Multinationals in Developed Countries
- Team-Based Care at Mayo Clinic: A Model for ACOs
  Journal of Healthcare Management, Vol. 59, No. 1
- M&A Target Choice in the Global Mobile Network Operator Industry
  SSRN Electronic Journal, Vol. 26
- Mergers & Acquisitions and the Acquirer-Target Cultural Differences
  SSRN Electronic Journal, Vol. 12
- The Effects of Empowerment and Cultural Orientation on High Growth Firms: A Field Experiment in Augmenting Managerial Capacity
  SSRN Electronic Journal, Vol. 50
- One Out of Many? Boundary Negotiation and Identity Formation in Postmerger Integration
  Israel Drori,
  Amy Wrzesniewski,
  Shmuel Ellis
  28 February 2013 | Organization Science, Vol. 24, No. 6
- Post-merger cultural integration from a social network perspective: a computational modeling approach
  26 September 2012 | Computational and Mathematical Organization Theory, Vol. 19, No. 4
- The motives and performance of cross-border acquirers from emerging economies: Comparison between Chinese and Indian firms
  International Business Review, Vol. 22, No. 6
- How does firm experience and institutional distance impact ownership choice in high‐technology acquisitions?
  9 September 2013 | R&D Management, Vol. 43, No. 5
- Organizational Ambidexterity and Performance: A Meta-Analysis
  Academy of Management Perspectives, Vol. 27, No. 4
- Tales of Motives in Bank M&As in Emerging Markets
  19 August 2013 | Thunderbird International Business Review, Vol. 55, No. 5
- Resource and Skill Transfers in Subcontractor SME Acquisitions: Influence on the Long‐Term Performance of Acquired Firms
  23 August 2013 | European Management Review, Vol. 10, No. 3
- Human Impacts on the Performance of Mergers and Acquisitions
- The Impact of Culture on Mergers and Acquisitions: A Third of a Century of Research
- Sociocultural Integration in Mergers and Acquisitions—New Perspectives
  19 June 2013 | Thunderbird International Business Review, Vol. 55, No. 4
- Sociocultural Integration in Mergers and Acquisitions: Unresolved Paradoxes and Directions for Future Research
  19 June 2013 | Thunderbird International Business Review, Vol. 55, No. 4
- Multiple Levels of Culture and Post M&A Integration: A Suggested Theoretical Framework
  19 June 2013 | Thunderbird International Business Review, Vol. 55, No. 4
- Network Imitation to Deal with Sociocultural Dilemmas in Acquisitions of Young, Innovative Firms
  19 June 2013 | Thunderbird International Business Review, Vol. 55, No. 4
- Integration Vacuum: Creating Action Space for Global Strategy Implementation in International Acquisitions
  19 June 2013 | Thunderbird International Business Review, Vol. 55, No. 4
- The Role of Absorptive Capacity in Acquisition Knowledge Transfer
  19 June 2013 | Thunderbird International Business Review, Vol. 55, No. 4
- A Marriage Metaphor Model for Sociocultural Integration in International Mergers and Acquisitions
  19 June 2013 | Thunderbird International Business Review, Vol. 55, No. 4
- Light‐Touch Integration of Chinese Cross‐Border M&A: The Inﬂuences of Culture and Absorptive Capacity
  19 June 2013 | Thunderbird International Business Review, Vol. 55, No. 4
- Call for Papers
  The International Journal of Human Resource Management, Vol. 24, No. 10
- Operating Routines, Cultural Alignment, and Relational Mechanisms in Alliances
- Human resource integration in subsidiary mergers and acquisitions
  Journal of Organizational Change Management, Vol. 26, No. 2
- Unternehmenszusammenschluss und Unternehmenskultur — Auswirkungen auf die Gestaltung von Anreizsystemen und Performancemessung
  12 August 2016 | Schmalenbachs Zeitschrift für betriebswirtschaftliche Forschung, Vol. 65, No. 2
- Human resources retention and knowledge transfer in mergers and acquisitions
  28 November 2013 | Journal of Management & Organization, Vol. 19, No. 2
- Interpersonal Cross-Cultural Contact
  22 October 2013 | Management and Labour Studies, Vol. 38, No. 1-2
- Giving Sense to and Making Sense of Justice in Postmerger Integration
  Academy of Management Journal, Vol. 56, No. 1
- Acquisitions in knowledge‐intensive industries
  Management Research Review, Vol. 36, No. 2
- Critical Success Factors through the Mergers and Acquisitions Process: Revealing Pre‐ and Post‐M&A Connections for Improved Performance
  19 December 2012 | Thunderbird International Business Review, Vol. 55, No. 1
- Cultural Incompatibility Influences Psychological Reactions in Cross-Border Mergers and Acquisitions: The Moderating Role of Multicultural Orientation
  4 June 2013
- Is cultural distance a bane or a boon for cross-border acquisition performance?
  Journal of World Business, Vol. 48, No. 1
- Culture
- HRM Issues and Outcomes in Domestic Mergers and Acquisitions: A Study of the Nigerian Banking Sector
- What Do We Know About Post-Merger Integration Following International Acquisitions?
  8 March 2015
- Does Good Governance Create Value for International Acquirers in Africa: Evidence from US Acquisitions
  SSRN Electronic Journal, Vol. 1
- Is Culture a Determinant of Corporate Governance?
  SSRN Electronic Journal, Vol. 21
- Organizational differences, relational mechanisms, and alliance performance
  11 May 2012 | Strategic Management Journal, Vol. 33, No. 13
- Employee commitment in the post-acquisition integration process: The effect of integration speed and leadership
  Scandinavian Journal of Management, Vol. 28, No. 4
- Web 2.0 Environmental Scanning and Adaptive Decision Support for Business Mergers and Acquisitions1
  1 December 2012 | MIS Quarterly, Vol. 36, No. 4
- Path-related empirical research on M&A-outcome: review and research agenda
  27 March 2011 | Review of Managerial Science, Vol. 6, No. 4
- An Expanded Model of Status Dynamics: The Effects of Status Transfer and Interfirm Coordination
  Academy of Management Journal, Vol. 55, No. 5
- Social dimension in ERP adoption and implementation
  Journal of Information, Communication and Ethics in Society, Vol. 10, No. 3
- Company and country effects in international mergers and acquisitions: Employee perceptions of a merger in three European countries
  8 November 2011 | Economic and Industrial Democracy, Vol. 33, No. 3
- Mergers and acquisitions process: the use of corporate culture analysis
  Cross Cultural Management: An International Journal, Vol. 19, No. 3
- Opposing positions in M&A research: culture, integration and performance
  Cross Cultural Management: An International Journal, Vol. 19, No. 3
- Culture's consequences for emotional attending during cross-border acquisition implementation
  Journal of World Business, Vol. 47, No. 3
- HRM issues and outcomes in African mergers and acquisitions: a study of the Nigerian banking sector
  The International Journal of Human Resource Management, Vol. 23, No. 14
- Does National Context Affect Target Firm Employees’ Trust in Acquisitions?
  18 October 2011 | Management International Review, Vol. 52, No. 3
- Does cultural assimilation affect organizational decision-making on quality-related incidents? — A company's post-M&A experience
  Journal of International Management, Vol. 18, No. 2
- Connecting the micro- and macro-level: Proposition of a research design to study post-acquisition synergies through a social network approach
  Scandinavian Journal of Management, Vol. 28, No. 2
- Methods in M&A—A look at the past and the future to forge a path forward
  Scandinavian Journal of Management, Vol. 28, No. 2
- Cultural Evaluations in Acquired Companies: Focusing on Subjectivities
  7 March 2011 | British Journal of Management, Vol. 23, No. 2
- Mergers between size‐unequal partners: strategic risks and hurdles
  Journal of Small Business and Enterprise Development, Vol. 19, No. 2
- Dynamics of Acquired Firm Pre-Acquisition Employee Reactions
  19 October 2010 | Journal of Management, Vol. 38, No. 2
- Chinese M&A in Germany
- Effects of Absorptive Capacity on International Acquisitions of Chinese Firms
- Analysing Culture in a Cross-Border Acquisition: An Indian-Finnish Deal in Focus
- State of the Art
- A Comparative Anatomy of Two Cross-Border Acquisitions by Teva Pharmaceutical Industries
  9 March 2015
- The Use of Accounting-Based Measures in Measuring M&A Performance: A Review of Five Decades of Research
  9 March 2015
- For Better or for Worse; can M&As Benefit from Marriage Counselling?
  9 March 2015
- The Impact of Organizational Culture Differences on Bidder and Target Companies’ Share Values following Merger Announcement: Evidence from a Stock Market Perspective
  10 March 2015
- A Decision-Making Framework to Analyze Important Dimensions of M&A Performance
  10 March 2015
- Toward Better Understanding of Interaction Dynamics in Multicultural Teams: A Status Perspective
  9 March 2015
- The Impact of Organizational and National Cultural Differences on Social Conflict and Knowledge Transfer in International Acquisitions
  29 November 2010 | Journal of Management Studies, Vol. 49, No. 1
- Revealed or Concealed? Transparency of Procedures, Decisions, and Judgment Calls in Meta-Analyses
  5 April 2011 | Organizational Research Methods, Vol. 15, No. 1
- A Configuration Model of Organizational Culture
  22 March 2012 | Sage Open, Vol. 2, No. 1
- The Effect of Brand Acquisition and Disposal on Stock Returns
  1 January 2012 | Journal of Marketing, Vol. 76, No. 1
- When the Role Fits: How Firm Status Differentials Affect Corporate Takeovers
  SSRN Electronic Journal, Vol. 84
- Leadership Perspectives on the Global Market for Corporate Control
- How middle managers' group‐focus emotions and social identities influence strategy implementation
  27 October 2011 | Strategic Management Journal, Vol. 32, No. 13
- A framework for the human resources role in managing culture in mergers and acquisitions
  23 November 2011 | Human Resource Management, Vol. 50, No. 6
- Peer interaction in mergers: Evidence of collective rumination
  23 November 2011 | Human Resource Management, Vol. 50, No. 6
- Cultural clashes in a “merger of equals”: The case of high‐tech start‐ups
  28 September 2011 | Human Resource Management, Vol. 50, No. 5
- Trust dynamics in acquisitions: A case survey
  28 September 2011 | Human Resource Management, Vol. 50, No. 5
- Guest Editors' Note: The role of HR practices in managing culture clash during the postmerger integration process
  28 September 2011 | Human Resource Management, Vol. 50, No. 5
- Integration managers' value‐capturing roles and acquisition performance
  28 September 2011 | Human Resource Management, Vol. 50, No. 5
- Experience of Canadian and Chinese acquisitions in Kazakhstan
  The International Journal of Human Resource Management, Vol. 22, No. 14
- Exploring integration approach in related mergers
  International Journal of Organizational Analysis, Vol. 19, No. 3
- Individual-Level Outcomes in Poorly Managed Cross-Border Mergers and Acquisitions: A Holistic View of the Relevant Processes
  1 January 2011 | Schmalenbach Business Review, Vol. 63, No. S3
- Becoming an evidence-based HR practitioner
  15 July 2011 | Human Resource Management Journal, Vol. 21, No. 3
- Organizational and Human Resource Issues in M&As
  29 November 2011
- On the Narrative Construction of Multinational Corporations: An Antenarrative Analysis of Legitimation and Resistance in a Cross-Border Merger
  Eero Vaara,
  Janne Tienari,
  30 November 2010 | Organization Science, Vol. 22, No. 2
- Negotiation, Cultural Differences, and Planning in Mergers and Acquisitions
  Journal of Transnational Management, Vol. 16, No. 2
- The cultural contexts of organisational behaviour
- Should Acquiring Firms Pursue More Than One Value Creation Strategy? An Empirical Test of Acquisition Performance
  15 February 2011 | British Journal of Management, Vol. 22, No. 1
- Different experiences of socio‐cultural integration: a European merger in Mexico
  Journal of Organizational Change Management, Vol. 24, No. 1
- Between merger and syndrome: The intermediary role of emotions in four cross-border M&As
  International Business Review, Vol. 20, No. 1
- „Positive Organizational Scholarship“: Ein neues Paradigma in der interkulturellen Managementforschung
  29 June 2011
- Der Einfluss von Kultur und individuellen Charakteristika auf das Widerstandsverhalten von Mitarbeitern bei internationalen Akquisitionen: Eine empirische Studie
- Managing cultural integration in cross-border mergers and acquisitions
  5 March 2015
- Knowledge Matters, but Culture is King (In Technology Acquisitions)
  SSRN Electronic Journal, Vol. 2
- How Collective Emotions and Social Identities Influence Strategy Execution
  SSRN Electronic Journal, Vol. 34
- Hybridization in Mergers and Acquisitions
  SSRN Electronic Journal, Vol. 37
- Managing Culture in International Mergers and Acquisitions
  SSRN Electronic Journal, Vol. 1
- A Model of the Influence of Culture on Integration Approaches and International Mergers and Acquisitions Performance
  8 December 2014 | International Studies of Management & Organization, Vol. 41, No. 3
- The Relationship Between Transformational Leadership and Postacquisition Performance
  8 December 2014 | International Studies of Management & Organization, Vol. 41, No. 3
- Integrating Organizational and Human Behavior Perspectives on Mergers and Acquisitions
  8 December 2014 | International Studies of Management & Organization, Vol. 41, No. 3
- Experience Spillovers Across Corporate Development Activities
  Maurizio Zollo,
  Jeffrey J. Reuer,
  4 December 2009 | Organization Science, Vol. 21, No. 6
- A look at the bright side of multicultural team diversity
  Scandinavian Journal of Management, Vol. 26, No. 4
- Compatibility and unlearning in knowledge transfer in mergers and acquisitions
  Scandinavian Journal of Management, Vol. 26, No. 4
- Measuring the Performance of Acquisitions: An Empirical Investigation Using Multiple Criteria
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Volume 19, Issue 1

January-February 2008

Pages 1-186

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Published Online:February 01, 2008

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Günter K. Stahl, Andreas Voigt, (2008) Do Cultural Differences Matter in Mergers and Acquisitions? A Tentative Model and Examination. Organization Science 19(1):160-176.

https://doi.org/10.1287/orsc.1070.0270

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Do Cultural Differences Matter in Mergers and Acquisitions? A Tentative Model and Examination

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