Temporal Dynamics of Crossvergence: Institutionalizing MNC Integration Strategies in Post-Crisis ASEAN
AbstractThis study utilizes the temporal lens afforded by the unprecedented pace of the Asian financial crisis to re-conceptualize the convergence-divergence-crossvergence (CDC) framework. Grounded at the Western-headquartered ASEAN subsidiary, CDC is hypothesized as a dialectical progression comprising Western corporate culture (‘convergence’) ASEAN societal culture (‘divergence’) and ending with the institutionalization of these forces (‘crossvergence’) as a transient re-equilibrium. Against a backdrop of increasing macro-level turbulence, the CDC dialectic is then fed through a dyadic cycle of environmental shocks and organizational responses. Managerial implications are discussed along with suggestions for future research. Copyright Springer Science + Business Media, Inc. 2005
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Bibliographic InfoArticle provided by Springer in its journal Asia Pacific Journal of Management.
Volume (Year): 22 (2005)
Issue (Month): 1 (January)
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Web page: http://www.springerlink.com/link.asp?id=106589
convergence-divergence-crossvergence; cross-cultural organizational change; dialectical progression; institutionalization; multinational corporations; ASEAN;
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