Sociocultural integration in mergers and acquisitions

Unresolved paradoxes and directions for future research

S. Tarba, N.G. Noorderhaven, [No Value] E.a.

Research output: Contribution to journalArticleScientificpeer-review

Abstract

Despite decades of research, the key factors for success in mergers and acquisitions (M&As) and the reasons why M&As often fail remain poorly understood. While attempts to explain M&A success and failure have traditionally focused on strategic and financial factors, an emergent field of inquiry has been directed at the sociocultural and human resources issues involved in the integration of acquired or merging firms. This research has sought to explain M&A performance and underperformance in terms of the impact that variables such as cultural fit, management style similarity, the pattern of dominance between merging firms, the acquirer's degree of cultural tolerance, and the social climate surrounding a takeover have on the postmerger integration process. In this article, we attempt to take stock of, and synthesize, the findings from research on sociocultural and human resources integration in M&A, to identify conflicting perspectives and unresolved questions as well as several underresearched areas, and then use our analyses to propose an agenda for the next stage of research in this field.
Original languageEnglish
Pages (from-to)333-356
JournalThunderbird International Business Review
Volume55
Issue number4
DOIs
Publication statusPublished - Jul 2013

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Merging
Mergers and acquisitions
Paradox
Human resources
Factors
Climate
Tolerance
Integration process
Underperformance
Post-merger integration
Management styles
Agenda

Cite this

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Sociocultural integration in mergers and acquisitions : Unresolved paradoxes and directions for future research. / Tarba, S.; Noorderhaven, N.G.; E.a., [No Value].

In: Thunderbird International Business Review, Vol. 55, No. 4, 07.2013, p. 333-356.

Research output: Contribution to journalArticleScientificpeer-review

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