Acknowledgements 3-5 摘要 5-6 Abstract 6-7 Introduction 10-13 Charpter One Literature Review 13-22 1.1 Studies of National Cultural and Corporate Cultural Differences 13-18 1.1.1 National Culture & Corporate Culture 13-15 1.1.2 Studies of Cultural Dimensions 15-17 1.1.3 Studies of South Korean and Chinese Corporate Cultures 17-18 1.2 Cross-border M&A Theories 18-19 1.2.1 Definition of Cross-border M&A 18 1.2.2 Classification of and Motivation behind Cross-border M&A 18-19 1.2.3 Risks in Cross-border M&A 19 1.3 Cultural Integration Theories of M&A 19-22 Chapter Two Analysis of Cultural Differences 22-34 2.1 Historical Background of South Korean and Chinese Corporate Culture 22-23 2.2 Cultural Differences between South Korean and Chinese Companies 23-32 2.2.1 National Cultural Differences between South Korea and China 24-27 2.2.1.1 Collectivism vs. Individualism 24-25 2.2.1.2 Power Distance 25 2.2.1.3 Uncertainty Avoidance 25-26 2.2.1.4 Masculinity vs. Femininity 26 2.2.1.5 Long-term vs. Short-term Orientation 26-27 2.2.2 Corporate Cultural Differences between South Korea and China 27-32 2.2.2.1 Corporate Spiritual Culture 27-28 2.2.2.2 Corporate Institutional Culture 28-30 2.2.2.3 Corporate Behavioral Culture 30-32 2.2.2.4 Corporate Material Culture 32 2.3 Summary 32-34 Chapter Three Cultural Integration between South Korean and Chinese Companies after M&A 34-49 3.1 Modes for Cultural Integration 34-36 3.1.1 Integration Mode 34-35 3.1.2 Transplanting Mode 35 3.1.3 Grafting Mode 35 3.1.4 Infiltration Mode 35-36 3.1.5 Autonomous Mode 36 3.2 Proper Mode for both South Korean and Chinese Companies 36-43 3.2.1 Principles for Cultural Integration 36-37 3.2.2 Cultural Factors to Be Considered for Cultural Integration 37-43 3.2.2.1 National Cultural Factors 37-38 3.2.2.2 Corporate Cultural Factors 38-43 3.3 Process of Cultural Integration after Cross-border M&A 43-49 3.3.1 Integrating Corporate Culture 43-46 3.3.1.1 Integration of Corporate Material Culture 43-44 3.3.1.2 Integration of Corporate Behavioral Culture 44 3.3.1.3 Integration of Corporate Institutional Culture 44-46 3.3.1.4 Integration of Corporate Spiritual Culture 46 3.3.2 Analysis of Cultural Integration Process 46-49 Chapter Four Case Analysis 49-63 4.1 Case Review 49-50 4.1.1 Background of SAIC and SSANGYONG 49-50 4.1.2 Process of the M&A 50 4.2 Analysis of Failures in the Cultural Integration Process 50-58 4.3 Lessons Learnt from SAIC 58-63 Conclusion 63-65 Bibliography 65-68 |
