Dissertation Example | Topics and Well Written Essays - 14250 words

Dissertation Example However, several barriers hinder the route to successful implementation of cross-border acquisitions. Different authors and scholars have provided many factors hindering cross border acquisitions. In its entirety, cultural factors need the biggest attention because of their influence in changing the fate of the merger or acquisition activity. Cross border M&A are termed as ‘marriage between two culturally separate entities’ and endeavours to manage M&A’s arise more from the tenets of cross-cultural management than any other factor. Cultural knowledge has been found to facilitate organizations to come together for M&A with their partners. This view has been propounded by various theories like Hofstede’s and Trompenaars dimensions, Schwartz Value survey, Kluckhohn and Strodbeck Framework , and many others. Application of cultural factors are involved across various activities and different functions that include expatriate management, leadership, motivation, decision making, managing diversity and developing intercultural communications through managerial competencies. Taking examples of some successful and unsuccessful cross-border mergers and acquisitions and relating these with related theories and models, a study has been conducted to determine how cross-cultural knowledge, awareness and responsiveness helped the successful parties and vice versa. This research has investigated the cultural issues which are often not given utmost importance in regard to cross border M&A. The study has helped to gain an understanding of the significance of determination of cultural factors affecting cross border M&A and the necessity to deal with them before entering into a merger or an acquisition. Also, with perceived and identified gaps, recommendations have been suggested which might improve upon the way cross-border mergers and acquisitions should be implemented and dealt with. The research has been based completely on secondary sources and case studies. Real life M&A have been taken into consideration based on which a detailed analysis has been done thus determining the cultural factors that may affect cross border M&A. Recommendations have been provided for those organizations that tend to ignore the importance of such cultural differences, often leading to failure. Table of Contents Topic Page no. Introduction 7 Research Aims and Objectives 10 -Aim of the research 10 -Objectives of the research 10 Literature Review 11 Limitations of the Study 30 Research Methodology 31 -Research Philosophy 31 -Research technique 32 -Sources of information 32 -Credibility & Verification 33 Findings & Analysis 35 -Study of real life M&A 36 -Key features of success or failure 43 -Comparison of actual scenario with theoretical models 44 -Discussion 49 Conclusion 51 Recommendation 54 References 57 List of Figures Figure Page no. Figure 1. Different types of mergers and acquisitions 15 Figure 2. Consequences of differences in individualist or collectivist scores for work and organizations 18 Figure 3. Consequences of differences in power distance cores for work and organizations 19 Figure 4. Consequences of differences in masculinity or femininity scores for work and organizations 20 Figure 5. Consequences of differences in uncertainty avoidance scores for work and organizations 21 Figure 6. Acculturative model for the implementation of mergers 23 Figure 7. Reasons