THE ROLE OF CULTURE IN MERGERS AND ACQUISITIONS

Ioannis K. Triantafyllopoulos and Nikolaos Konstantopoulos
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Ioannis K. Triantafyllopoulos: Department of Business Administration, University of the Aegean, Michalon 8 str., Chios, 82100, Greece
Nikolaos Konstantopoulos: Department of Business Administration, University the Aegean, Michalon 8 str., Chios, 82100, Greece

Chapter 105 in Marketing and Management Sciences, 2010, pp 578-583 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThis paper focuses on the role of the corporate culture during the phases of Merger and Acquisitions, in the Greek Banking Sector. This role is studied via the variable Culture Relativity that often leads in culture incompatibilities. The results obtained from quantitative and qualitative survey revealing four dimensions of culture relativity, the equal status, the Uncertainty, the Loss of Autonomy and the Acceptance of Change.

Keywords: Management, Organizational Behavior, Marketing; Negotiation, Dynamic Models, International Business, Strategic Business, Human Resource, (search for similar items in EconPapers)
JEL-codes: O30 (search for similar items in EconPapers)
Date: 2010
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