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Study of Chinese Enterprises’ Overseas M & A: Based on National and Corporate Cultural Distance

DOI: 10.4236/jss.2014.29012, PP. 70-75

Keywords: Overseas M & A, National Cultural Distance, Corporate Cultural Distance

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Abstract:

Chinese enterprises’ overseas M & A reached $43.4 billion in 2012, and the number was 26.3 times that of 2003. With Chinese enterprises’ increased overseas M & A cases, Chinese are facing the challenges from culture. This paper studies national cultural distance and enterprise culture distance, and measure relevant distance for 16 Chinese M & A cases.

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