Cross-cultural Management Problems and Countermeasures of Multinational Corporations: Take M Group's Acquisition of X Company as an Example

DOI: https://doi.org/10.62517/jike.202304219

Author(s)

Yudi Guo*, Chengjin Feng

Affiliation(s)

Guangzhou College of Commerce, Guangzhou, Guangdong, China *Corresponding Author.

Abstract

With the development of economic globalization, Merger and Acquisition wave is becoming more and more popular in Chinese enterprises. In recent years, driven by the policies of the Belt and Road Initiative, China's "going global" has become an inevitable trend of development. Due to the staggered cultural backgrounds of different countries and different histories and cultures, the cross-cultural management of enterprises directly affects the exertion of the overall management efficiency of enterprises. Taking M Group M&A X Company as an example, this paper analyzes the influence of M Group on the decision-making of M Group M&A X Company, and concludes that multinational enterprises, on the basis of in-depth understanding of the enterprise culture and foreign culture, must choose the appropriate cross-cultural management mode within the enterprise, so that different types of culture can achieve the best integration effect, and provide reference suggestions for Chinese enterprises to "go out."

Keywords

Multinational Companies, Cross-cultural Management, Cultural Differences, M&A, Problems and Countermeasures

References

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