Strategic Planning

Strategic Alliances, Mergers and Acquisitions: The Influence by Jan Ulijn, Geert Duysters, Elise Meijer

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By Jan Ulijn, Geert Duysters, Elise Meijer

This special publication makes a speciality of the hyperlink among types of tradition (national, company, expert) and the luck of strategic alliances, mergers and acquisitions. over the last many years we've seen an important bring up within the variety of strategic alliances, mergers and acquisitions. regardless of this proliferation many contemporary reports have pronounced excessive failure charges. This failure is usually attributed to cultural transformations among companions, which has resulted in a growing to be physique of literature at the topic. so far, every one of these reviews have eager about nationwide and company tradition, while this publication additionally areas specific emphasis at the value of tradition on the specialist point. The authors basically express that every one 3 degrees of tradition can have a profound effect upon the final word luck or failure of alliances, mergers and acquisitions. Researchers within the box of overseas enterprise, strategic administration, (and strategic alliances,) mergers and acquisitions will locate this ebook to be of necessary curiosity. Managers in multinational agencies and overseas enterprise scholars also needs to now not be with no this significant source.

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Extra info for Strategic Alliances, Mergers and Acquisitions: The Influence of Culture on Successful Cooperation

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Thus when an alliance firm from an individualistic culture gets together with a partner firm from a collectivistic culture, we can easily anticipate the conflicts that may occur, and why attaining interpartner legitimacy may be made that much more difficult. The alliance firm from an individualist culture will focus its attention on attaining pragmatic interpartner legitimacy, while its partner from a collectivistic culture will be focused more on attaining moral interpartner legitimacy. A good illustration of the above situation is the joint venture ChiangSho Ltd (CSL) that was established in 1993 between Chengdu, a subsidiary of the Zhang group of China, and Globe Engine Company of Germany (West, 2004).

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