Post-acquisition cultural integration the case of Arcelormittal Essay

Post-acquisition cultural integration the case of Arcelormittal - Essay Example The purpose of the paper is to understand the findings of the previous researchers on the subject. Journals and papers from academic sources such as Emerald, PROQUEST and EBSCO Host have been sued for the study. The focus for this study on ArcelorMittal is justified in view of the numerous failures in international mergers due to cultural issues. The first stream of literature is based on understanding the concept of mergers and acquisitions. An overview of the terms, the motives for mergers and the outcome of such mergers have been discussed. The second stream of literature is on the role of culture in acquisitions. In this section, the definition of culture, the concept of national and organizational culture, including the country clusters and their value system have been discussed at length while providing the different theories. Under the same section the acculturation theory and the concept of cultural synergy has been highlighted. The third stream of literature deals with the m anagerial competencies and the linguistic issues in the context of international mergers. Mergers and acquisitions (M&A) is an expression of a strategy that pertains to the corporate sector. It is basically the management of different processes relating to different functions such as selling, buying or combining one or more companies towards a common goal. It helps to accelerate growth and achieve synergies.