Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/111286
Authors: 
Dörrenbächer, Christoph
Witzmann, Natalie
Year of Publication: 
2015
Series/Report no.: 
Working Papers of the Institute of Management Berlin at the Berlin School of Economics and Law (HWR Berlin) 84
Abstract: 
With the unchanging high failure rate of M&As, recent research is putting an increasing emphasis on Cultural Due Diligence (CDD) and socio-cultural Post-Merger Integration (PMI) Management. Nevertheless, the state of the art on CDD is still rare, leading to the fact that its actual value for a successful PMI remains unclear. Addressing this gap is the basic objective of this paper. In more detail the paper tries to clarify whether CDD is a necessary prerequisite for a successful PMI. The paper finds that the CDD process creates considerable value for the subsequent PMI as it facilitates a fast and smooth cultural integration and as such accelerates the operative integration of M&As.
Abstract (Translated): 
Die andauernd hohe Misserfolgsrate bei M&A hat zu einer intensiven wissenschaftlichen Beschäftigung mit Cultural Due Diligence (CDD) und sozio-kulturellem Post-Merger Integrationsmanagement geführt. Unklar ist jedoch inwieweit CDD zu einer gelungenen Post-merger Integration beiträgt. Am Beispiel einer Fallstudie zeigt der hier vorliegende Aufsatz, dass CDD eine wichtig Voraussetzung für eine gelungene Post-merger Integration ist, da er eine schnelle und reibungsarme kulturelle Integration ermöglicht und damit auch die operative Integration beschleunigt.
Document Type: 
Working Paper

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