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...

This study examines the moderating effects of national culture dimensions (Hofstede 1980) on three key elements in the development of organisational learning culture: information acquisition, information interpretation and behavioral and cognitive changes. Data were collected from 1333 companies...

This paper examines national culture as an explanatory variable in the convergence versus divergence debate of R&D organisational structures. It explores the effects of globalisation on the way in which R&D processes are structured at group level. It is argued that culture may have a decisive...

Der vorliegende Forschungsbericht ist ein Grundstein für das junge Forschungsfeld "Führung im Kommunikationsmanagement". Im Mittelpunkt steht eine Zusammenfassung der ersten internationalen Studie zu dem Thema mit über 4.000 Befragten aus 23 Ländern. Dabei geht es insbesondere um den...

This paper addresses the key determinants of merger failure, in particular the role of innovation (post-merger performance) and technology (ex-ante selection) when firms decide to separate. After a brief review of the existing literature we introduce a model of process innovation where merged...

This paper presents some ideas about determinants of merger waves and some evidence on their effect on profitability and employment. A brief survey of previous merger waves and an analysis of the recent one give support to the hypothesis that sectoral shocks are at the root of merger waves....

This paper examines the determinants of mergers and bankruptcies, using firm level data from the Swiss Business Census and the Dun & Bradstreet exit database for Switzerland (1995-2000). Employing duration analysis, we find considerable differences in the determinants of mergers and...

In der Marketingforschung und -praxis wird zunehmend die Bedeutung der Mitarbeitenden für den Markenerfolg erkannt. Der vorliegende Beitrag greift diese Thematik auf und schlägt für Unternehmen die Institutionalisierung eines Interne Markenbarometers vor, mit dessen Hilfe es möglich ist, den...