Successful merger management

New edition with unchanged content. At the beginning of this millennium, worldwide merger activities have reached their historic peak. The fifth wave of global mergers, triggered in Germany by the reunification and privatisation of formerly state-owned companies, is currently underway. However, at least 60 to 70 percent of all mergers do not achieve the goals pursued. One of the main reasons for this is the lack of integration of the cultures that collide. The comparison of different models of corporate culture research and comparative management theory explains how an international merger can proceed in the case of nationally influenced corporate cultures and what obstacles have to be overcome. Based on this, the author develops his own model for building a common third culture between two merging companies. As an example of this