The role of culture compatibility in successful organizational marriage
基于研究,探讨文化兼容性如何决定组织联姻的成败,重点关注合作伙伴婚前文化类型与婚姻合同条款的复杂互动。
Executive Overview Despite the initial optimism, many organizational marriages prove to be financially disappointing. Given the consistently high rate of merger and acquisition failure, the selection of a suitable organizational bedfellow is a major financial decision. Selection decisions are generally driven by financial and strategic considerations, yet many organizational alliances fail to meet expectations because the cultures of the partners are incompatible. Based on recent research, this article examines the role of culture compatibility in determining venture outcomes. It focuses on the complex interaction between the existing type of premarital culture of the partners and the terms and interpretation of the type of marriage contract the parties believed they had entered.