What Impact Does Cultural Integration Have on Strategic Acquisitions?
Muma Business Review • Volume 4 • 2020 • pp. 169-176
Strategic acquisitions continue to emerge as a critical business strategy to expand an organization’s sales, customer bases, and growth opportunities. However, research and anecdotal evidence highlights that many of the strategic acquisitions fail to achieve their stated financial and non-financial goals (Mirvis & Marks, 2011). Many theories constructed to explain this phenomenon. However, there are still no clear explanations for the high failure rate (Stahl & Voigt, 2008). Post-merger activities consist of many moving parts, and researchers have cited cultural integration as an area of impacting the success or failure of an acquisition.
Acculturation, acquisitions, organizational culture, post-acquisition, and sociocultural
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