Several investigations came to the conclusion that, considering in retrospect, most Mergers &Acquisitions were not successful. Differences in the corporate cultures are often quoted asbeing responsible for the failures. So, the question arises how such failures can be preventedin future....

After a short review on the history of human capital measurement we describe anddiscuss different approaches that are in use to assess the intangible assetts of anorganisation based on knowledge and behaviour. While deductive indicators helpto rise the questions on the value of intangible...