IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-349-13016-0_11.html
   My bibliography  Save this book chapter

Successful Mergers through Acculturation

In: The Management of Corporate Acquisitions

Author

Listed:
  • Afsaneh Nahavandi
  • Ali R. Malekzadeh

Abstract

Although the merger mania of the 1980s has somewhat subsided, and the 1990s are likely to see fewer mergers and acquisitions, buying other companies continues to be one of the most popular strategic moves. The many failed mergers and take-overs, and the ensuing turnover of many top executives in the acquired firms (Walsh 1988), have demonstrated that even extensive planning and careful implementation are not a guarantee of the success of such a strategy. As many of the financial models of mergers have proved ineffective in dealing with the actual management of mergers, some researchers are calling for focus on the contextual and decisional aspects of a merger (Hunt 1990; Trautwein 1990). Others are finding that the sociocultural aspects, and processes involved in the merging of two companies that treat them as human and cultural entities, are the key to the success of a merger (Buono and Bowditch 1989; Nahavandi and Malekzadeh 1988; Sales and Mirvis 1984; Shrivastava 1986).

Suggested Citation

  • Afsaneh Nahavandi & Ali R. Malekzadeh, 1994. "Successful Mergers through Acculturation," Palgrave Macmillan Books, in: Georg Krogh & Alessandro Sinatra & Harbir Singh (ed.), The Management of Corporate Acquisitions, chapter 11, pages 293-306, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-13016-0_11
    DOI: 10.1007/978-1-349-13016-0_11
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-349-13016-0_11. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.