Research On The Cultural Integration After Corporate Merger And Acquisition

Since entering 21st century, corporate have raised a new round of merger and acquisition in the global range. Corporate merger and acquisition is an important means for an enterprise to enlarge its operation scale and increase its competitive strength. Merger and acquisition brings forth a series of influences and consequences on the company and the national economy as well. The surge of merging activities of the present world has seen a high rate of failure, one main reason for which is that the corporate management fails to understand the corporate culture of the targeted company before the merger takes place and that there is a lack of consideration for the post-merger cultural integration. Beginning with a study on the implications of merger and corporate culture and commenting on the motivation of merger, this paper explains the intension, characteristics, function of the corporate culture, and it analyses the in-depth problems of corporate merger.As corporate culture is meant to contribute to the competition and development of the company and that merging of different companies often leads to cultural in the merged company necessitates and makes possible cultural integration. The reasons for cultural differences are also encompassed in the process of cultural integration. The post-merger integration is to start from the nature of the corporate culture, which includes integration of the spirits, system, material culture and conduct culture of company, The cultural integration of a company involves elements such as the aspects, modes, specific steps methods and principles, etc. this paper is intended to provide a complete set of management and operation system on cultural integration for merger and acquisition enterprises so as to promote cultural construction of company of China and to serve merger activities in China.