Cultural distance

Muriel Durand

Chapter 38 in Elgar Encyclopedia of Mergers and Acquisitions, 2026, pp 97-100 from Edward Elgar Publishing

Abstract: Focusing on national cultural distance in cross-border mergers and acquisitions, this chapter assesses the limitations of widely used measures like the Kogut Singh Index (KSI). It critiques assumptions of equivalence and reciprocity and highlights the need for alternative, multidimensional frameworks. The dynamic nature of culture and integration processes is emphasized, advocating more nuanced and context-sensitive approaches to understanding cultural distance's impact on integration and performance.

Keywords: National culture; Culture distance; Cultural differences; Mergers and Acquisitions; Cross-border M&As (search for similar items in EconPapers)
Date: 2026
ISBN: 9781800880856
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