Sociocultural Integration in Mergers and Acquisitions—New Perspectives

摘要

The frequency and scale of the global mergers and acquisitions (M&As) have significantly increased during the past two decades in spite of continuous reports on their high failure rates (e.g., Cartwright & Cooper, 1996; 2000; Gomes, Weber, Brown, & Tarba, 2011; Weber, Tarba, & Reichel, 2011). Yet the growth in M&A activity, the volume of capital involved, and the popularity of M&As stand in sharp contrast to their high rate of failure, and research studies from different scientific streams have generally failed to step into each other's turf, hence missing the opportunities from cross-fertilization (Gomes, Angwin, Weber, & Tarba, 2013; Weber, Tarba, & Reichel, 2009).