Culture Clashes in Cross-Border Mergers and Acquisitions Between Firms from Two Distant Cultures: The Case Study of Sweden’s Volvo and Korea’s Samsung

• 발행기관: 한국인사관리학회
• 저자명: Sung-Jun Lee Joonghwa Kim
• 간행물 정보: 『한국인사관리학회 학술대회 발표논문집』2012 추계학술대회 발표 논문집, 396~443쪽, 전체 48쪽
• 주제분류: 경제경영 > 경영학
• 파일형태: PDF
• 발행일자: 2012.11.30

영문 초록

This study investigates the way in which employees from acquiring and acquired firms experience cultural differences during post-acquisition integration. We examined Volvo Construction Equipment’s acquisition of Samsung Heavy Industry’s division of construction equipment. Two ontologically bipolar conceptualizations of culture - the classic and social constructivist concept of culture – are discussed. Semi-structured interviews were conducted at Volvo Construction Equipment Korea twice with 11-year interval in 2001 and 2012 respectively. The results suggest that while the classic concept of culture correctly predicts what kinds of culture-dependent problems may occur during postacquisition integration, the social constructivist concept of culture can better predict whether these problems may occur, or not.

목차

Abstract

Introduction

Background and Theory Development

Methods

Results

Discussion and Conclusion

Managerial Relevance

Limitations

References

키워드

Cross-Border Mergers and Acquisitions Cultural Differences Post-Acquisition Integration