The Study On Tne Post-merger Human Resources Integration Risks For Chinese Enterprises

One of the important features manifested in the contemporary world in the process of economic development is cross-border mergers and acquisitions, and the amount and the number of cross-border have made rapid progress.in the past two to three decades.At the same time,with the continuous development of Chinese reform and opening up, the increasing of Chinese companies’competitiveness,the paces of "going out" are speeding up, and Chinese enterprises are becoming an increasingly active force in the market of cross-border mergers and acquisitions in the world. However the failure rate of cross-border mergers and acquisitions is very high whether it is from the world or form our country.The difficulty of human resources integration caused by cultural difference is considered to be a very important factor which leads to the failure of cross-border mergers and acquisitions.From the review of current research,the existing analysis framework of human resources integration is not enough to solve human resources integration challenges encountered in cross-border mergers and acquisitions. Base on trust and business operation level,a human resources integration is presented. The result of the study show that:the trust plays the most important role to the success of cross-border. The business operation level have influence on the success of cross-border mergers and acquisitions.Based on the human resources integration model of these elements, a series of gradually advancing research have been carried our.This paper comprises of five parts. First, the introduction part of this paper introduces the background and significance of this study, the structure of the paper, as well as the paper’s innovative points. The second part list formal literature on human resources integration risks in overseas M&A systematically. The third part illustrating the risk of overseas M&A human resources integration. It is also the core part of the paper. The fourth part is the case analysis part. In this part, we introduce the case of Huaneng Group and Huaxiang Group,Tianhan Group, followed with a comparative analysis. Final part concludes the paper and puts forward policy recommendations and directions of further research.