Download or read book Key Success Factors in the Management of Post acquisition Integration in the Outward Mergers and Acquisitions of Chinese Firms written by Qi Ai and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Post Acquisition Management in China written by Yi He and published by Elsevier. This book was released on 2009-10-16 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mergers and acquisitions (M&As) are a vital strategy for companies attempting to expand and diversify in China. It has been widely accepted that post-acquisition management is critical for acquisition success. Post-Acquisition Management in China provides a systematic examination of post-acquisition management and its impact on performance after takeover in the acquired Chinese companies. It looks at the various aspects of post-acquisition management including the nature and processes of post-acquisition changes, integration and control, and the association between the performance and post-acquisition management. Reports on a pioneering systematic study on post-acquisition management in China. This kind of data has never been published before Based on extensive research data including 20 in-depth case studies and a survey of 300 companies Replicates previous studies of post-acquisition management conducted in the UK and Brazil and offers valuable comparison findings
Download or read book Mergers and Acquisitions Between Western Companies and Chinese State owned Enterprises written by Chen, Xi and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Mergers Acquisitions And Partnerships In China written by Olivier Coispeau and published by World Scientific. This book was released on 2015-03-23 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mergers & Acquisitions and Partnerships in China provides a fast and accessible framework to external growth in China, and is an attempt to accurately describe the main operative conditions and in particular the most common pitfalls for foreign businessmen. The business cases in this book illustrate real business situations, including different outcomes and a thorough analysis of the reasons for success or failure of the case. The authors provide all the necessary tools to better master the negotiation and transaction process, and provide in particular, detailed explanation on the due diligence process and the regulatory framework to help readers successfully lead acquisitions in China. Written by well-known experts in finance, law, and management, who all have deep business knowledge of China, the book aims to help practitioners, such as law firms, audit and advisory firms, and entrepreneurs to start or grow their businesses in China through successful partnerships, and acquisitions and mergers by explaining how these aspects are regulated by a complex web of laws, regulatory, and political practices in a context where the state plays a key role in the approval of important transactions.
Download or read book Chinese M As in Germany written by Jan Y. Yang and published by Springer. This book was released on 2018-10-30 with total page 139 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chinese companies have been increasingly active in outbound investment in recent years, with Germany the third largest destination in Europe. Adopting an analytical approach and utilizing case studies and expert interviews, this book examines Chinese mergers and acquisitions (M&As) in Germany, with a focus on the companies’ business growth, particularly the integration process and subsequent growth after acquisition. The authors contend that Chinese investors take a different approach than their western counterparts, by fostering a long-term orientation toward their investments and placing greater emphasis on co-evolution with the acquired firms rather than transfer of knowledge back to China. This book offers readers a behind-the-scenes story of three separate M&A cases, shedding light on the growth models that ensue from mergers and acquisitions, and the endeavors of Chinese and German managers to grow the businesses together.
Download or read book Chinese Inward Mergers Acquisitions by European Companies and Chinese Outward Mergers Acquisitions in Europe written by Yu Chen and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Die Dissertation bezweckt die kritischen Erfolgsfaktoren bei Akquisitionen europäischer Unternehmen in China und chinesischer Unternehmen in Europa zu erkennen und zu vergleichen. Als einen der ersten Versuche, hat unsere Forschungsarbeit sowohl europäisch-chinesische wie auch chinesisch-europäische M & A Transaktionen unter dem Aspekt der kritischen Erfolgsfaktoren untersucht, welche bis anhin in der Literatur wenig Aufmerksamkeit fanden. Im Hinblick auf die Komplexität und Dynamik bei M & As, haben wir in unserer Dissertation einen multidisziplinären Ansatz gewählt, um die verschiedenen Gesichtspunkte in den Schlüsseldimensionen Strategie, Kultur, Organisation, Prozess und Externalitäten zu berücksichtigen. Zur Steuerung unserer empirischen Forschung, haben wir deshalb als theoretisches Rahmenmodell, das von uns so genannte "SCOPE Modell" entwickelt. Das SCOPE Modell umfasst die Erfolgsfaktoren zum Schliessen der Fähigkeits-Lücke im Unternehmen, entlang der genannten fünf Schlüsseldimensionen. Folgend unseren Forschungsfragen des 1) was die kritischen Erfolgsfaktoren in europäisch-chinesischen und chinesisch-europäischen M & A Transaktionen, sowie, 2) warum diese kritischen Erfolgsfaktoren entscheidend für den Akquisitionserfolg für übernehmende europäische sowie chinesische Unternehmen sind, haben wir 3) die Gemeinsamkeiten sowie Unterschiede der kritischen Erfolgsfaktoren bei europäisch-chinesischen und zwischen chinesisch-europäischen Unternehmensübernahmen untersucht. Im empirischen Teil der Dissertation haben wir einen gemischten Forschungsansatz gewählt, in welchem sowohl qualitative wie auch quantitative Methoden zur Anwendung kommen. Die quantitative Untersuchung ist in die qualitative Studie eingebettet. Die vorrangigen Fallstudien haben zum Zweck, die "Was" und "Warum" Forschungsfragen qualitativ zu untersuchen. Ergänzend zu den Fallstudien zielt die diesen untergeordnete, quantitative Umfrage dar.
Download or read book The Post merger and Post acquisition Integration Process in Business Mergers and Acquisitions written by William Lee Brockhaus and published by . This book was released on 1970 with total page 524 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Cultural Complexities in Cross Border Mergers Acquisitions written by Oyvin Kyvik and published by GRIN Verlag. This book was released on 2011-03-24 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (postgraduate) from the year 2011 in the subject Business economics - Business Management, Corporate Governance, grade: none, University of Pompeu Fabra (ESCI (School of International Trade) ), language: English, abstract: Based on a review of pertinent literature, the paper discusses the role and the complexities of cross-border mergers and acquisition in firms ́ internationalization. The various stages that firms customarily go through as part of an international merger and acquisition process are outlined and debated from both a theoretical and practical perspective. Particular challenges related to the management of the post- merger integration process and complexities related to differences in national and organizational cultures, organizational design and knowledge-structures between the acquirer and the target company are discussed. It is argued that appropriate management of the merging firms ́ human resources as the merging firms ́ smallest common denominator, is the key to optimize the outcome of cross-border transactions and to achieve budgeted post-merger benefits. Based on the conceptual discussion, the paper concludes with key recommendations for how to manage a cross-border deal to minimize risks and increase the probability of achieving the objectives.
Download or read book Chinese Acquisitions in Developed Countries written by Alessandra Vecchi and published by Springer. This book was released on 2018-12-15 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book assesses Chinese acquisitions in developed countries, evaluates the drivers and opportunities and, above all, explores the major operational challenges. It discusses topics such as cross-cultural issues, integration strategies, risk and resilience, the influence of emerging technologies, servitization, impacts on reshoring, corporate social responsibility, branding strategies, knowledge management, and transfer of best practices. While emerging market multinational corporations’ (EMNCs) use of mergers and acquisitions as a strategic vehicle has received considerable attention, much less is known about their post-entry activities, such as the implementation of post-acquisition and integration strategies. It can be expected that, compared with their Western counterparts, EMNCs will face radically different challenges that may undermine the success of their products, brands and marketing. Addressing these issues by means of a case study approach, this book is an ideal teaching resource for a variety of courses at both undergraduate and postgraduate level. It also appeals to academics, researchers, and practitioners with a keen interest in manufacturing industry.
Download or read book Chinese Inward Mergers Acquisitions by European Companies and Chinese Outward Mergers Acquisitions in Europe A Comparative Study of Critical Success Factors written by Yu Chen and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Mergers and Acquisitions in China written by Jianxun Chen and published by Edward Elgar Publishing. This book was released on 2008-01-01 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses cross-border mergers and acquisitions (M & A) by Chinese companies, mainly to clarify their strategies and the effect of their M & A at an international level. This book is suitable for multinational enterprise managers, brokers, dealers and investors.
Download or read book Advances in Mergers and Acquisitions written by Sydney Finkelstein and published by Emerald Group Publishing Limited. This book was released on 2010-12-20 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Helps scholars think about mergers and acquisitions in new ways, building our knowledge base on this critical topic. This book focuses on all three characteristics that make up this research field - studies from scholars in different countries, with different research questions, and relying on different theoretical perspectives.
Download or read book Acquisition and Management of Technology based Firms in a Trading and Investment Company written by Jin Tanaka (M.B.A.) and published by . This book was released on 2012 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: Among several key factors affecting new technology innovation, two important ones that are sometimes disturbed by M&A are long-term p-ans and the commitment of the acquired firm's management team. M&A led by technology companies are most often motivated by their need for certain technology, and most mergers, the strategies to grow the new company are quite clear. However, when M&A are led by financial investors or non-technology-based firms like private equity or trading and investment companies, the post-merger growth strategy to develop and manage the acquired firm's technology is often not well thought out. This is generally related to their lack of capability of managing of technology which can disturb long-term R&D work. However, some M&A carried out by private equity or trading and investment company, have had positive results. This study compares three M&A cases of trading and investment companies, private equity, and technology-based companies of technology-based firms. Comparisons are made based on financial figures, the ability to manage technology, and the success of the post-merger integration process. This study concludes with three suggestions, continuous synergy creation from parent company is essential for sustainable growth, corporate culture and business synergy must be considered carefully during the integration process, and retention of R&D employees and maintaining a technology-oriented corporate culture and environment are very critical for firm's new technology innovation.
Download or read book Mergers Acquisitions in China written by Chris Devonshire-Ellis and published by Springer Science & Business Media. This book was released on 2011-07-17 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: This guide takes a detailed look at all aspects of purchasing part or all of a business in China. Written specifically for businesses to understand all the nuances of China M&A, it details the complete regulatory processes involved as well as the differences that arise when handling M&A between private Chinese companies, Chinese State-Owned Enterprises, and Chinese Listed Corporations. It also deals with the acquisition of bankrupt assets and auction procedures. China Briefing's guides are leaders in their field, provide practical and pragmatic legal and tax information for foreign investors in the PRC and are of specific interest to all businessmen, lawyers, accountants, advisors and academics working in this field.
Download or read book Post aquisition Integration Process of Two Diverse Acquisitions by a Company written by Jose Vincento De Sousa and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In this research paper, business post-acquisition integration strategies and structures are introduced and discussed. Concepts are presented to demonstrate and support how formulation and implementation of these strategies and structures will safeguard smooth organisational change that will result in achieving synergy and value creation. Of paramount importance is that the activity of mergers and acquisitions enhances shareholder value and produce sustainable economic growth for the organisation concerned. The aim of this research is not to give an overview or an abundance of examples and data of recent mergers and acquisitions, but rather to present a case study of a dominant South African furniture and white appliance retailer's post-acquisition integration process on assimilating two diverse acquisitions in the audio visual, electronic and office automation retail sector. The outcome is to present thoughts and insights on how the post-acquisition integration process should be organised, managed and implemented. One of the main reasons that value is not enhanced through business integration by means of mergers and acquisitions is the fact that the wrong corporate strategies and business integration strategies are formulated and selected. Another important factor is inadequate post merger management, not capable of handling the integration process and the major changes that take place in the organisation involved in the process. It has been noted in this paper that in order to increase shareholders' value through M & A, a carefully planned and formulated strategy is critical and a proper post-merger management plan / action plan has to be drawn up, put in place, and implemented. The twelve maxims for successful mergers and acquisitions are identified. It is established that M & A should be part of a planned strategic activity and the outcomes of acquiring a company should meet clear and measurable business objectives. Finding the right approach for success is critical to the process. Taking time to fully understand the acquired business properly, making changes at the appropriate speed, acknowledging and dealing with cultural issues, communicating both vertically and horizontally, motivating and rewarding key people in both organisations, and establishing consistent managerial controls and reporting are important issues that need to be addressed and dealt with. If not properly addressed and if the wrong approaches are taken, business integration will fail and value will be destroyed. What can be concluded is that an increase in the value of the parent company through mergers and acquisitions is heavily dependent on the chosen integration strategy and on establishing proper post-merger management to guide and manage the process to its successful end.
Download or read book You Wei and Wu Wei written by and published by . This book was released on 2016 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: "China is assuming an increasingly prominent position in the world economy as the investment begins to flow from China to the world. Compared to the 'West goes to China', the institutional environment, the cultural roots and the corresponding managerial behaviours are quite distinct. These distinct characteristics may challenge the conventional wisdom in the dominant mainstream theories of international business and multinational strategy. Based on both quantitative study, multi-case studies and over 50 interviews with Chinese and Western professionals, this thesis reflected the ambivalence of the government and Chinese companies in outward M&As. While the Chinese government shows a You Wei attitude towards outward M&As, You Wei acts on outward M&As in an ambivalent manner. On the one hand, the You Wei government positively facilitates outward technology exploration as an essential part of the technology development in China's high-speed rail industry; on the other hand, the You Wei government distorts the capital allocation for outward M&As between SOEs and POEs, and compensates for the loss by SOEs through low-cost debt financing. Similarly, Chinese companies behave ambivalently towards outward M&As. On the one hand, Chinese companies display a You Wei strategy, proactively coping with the various domestic stakeholders in the M&A legitimization process; on the other hand, they manifest a Wu Wei action, effortlessly dealing with post-acquisition integration in developed economies. Overall, the ambivalence of outward Chinese M&As is characterized by a typical Chinese "both/and" and interdependent opposites' managerial paradigm."--Samenvatting auteur.
Download or read book Mergers Acquisitions in China written by Lutz-Christian Wolff and published by CCH Hong Kong Limited. This book was released on 2008 with total page 540 pages. Available in PDF, EPUB and Kindle. Book excerpt: Author Lutz-Christian Wolff of the Chinese University of Hong Kong discusses various aspects of M & A in their practical context, particularly drawing out hidden intricacies and how to deal with them from the viewpoint of foreign investors. The book head-on topics such as due diligence, structuring options, M & A activity by diverse players in various targets, as well as anti-trust, tax and labour issues. Includes comprehensive references and bilingual versions of the most important M & A-related laws and regulations that will turn savvy foreign investors into more astute dealmakers. While the central government has somewhat revamped opaque regulations, Mergers & Acquisitions in China: Law and Practice lends needed clarity by providing a structured introduction to the legal aspects of China's M & A regime.
