Critical Success Factors (CSFs) in Mergers and Acquisitions (M&As)

Abstract

The major aim of this thesis is to elevate the understanding of the cross-cultural characteristics of Mergers and Acquisitions (M&As). It determines and contrasts Critical Success Factors (CSFs) focusing on comprehensive examples such Western Europe M&As by Chinese and Hong Kong (HK) firms plus Chinese and Hong Kong M&As by Western European firms. The research considers various crucial dimensions such as the cultural, leadership, organisational, process, strategic, and externalities according to the dynamic capabilities in M&As. For a better understanding of issues related to culture in this research, there were important theories inculcated in the research study from prominent academicians such as Hofstede, Adler, Trompenaars, Chen &Werle and, Kluckhohn & Strodberk for the critical analysis of the study. Categorised by the major enumerated aspects above, the research involves the success measure of closing the competency gap through the critical success factor (CSFs) and the M&As. There were two major questions of the research study concerning the success factors of M&As groups. The questions focused on the M&As Western Europe by Chinese and Hong Kong firms including the one in China and Hong Kong by Western European firms. There were simultaneously investigations of both the groups because of previous insufficient studies related to two M&A groups.