摘要
本文采用案例研究的方法,对中国企业弱势跨国并购中组织间信任模型进行了探索性研究。研究发现,在并购前及并购交易阶段,组织间信任的主导类型为计算型信任和契约型信任,信任程度较低,建立途径为计算途径和契约途径;在并购后快速整合阶段,组织间信任的主导类型为了解型信任和能力型信任,信任程度中,建立途径为预测途径和能力途径;在并购后融合阶段,组织间信任的主导类型为认同型信任和善意型信任,信任程度最高,建立途径为动机途径。本研究丰富了弱势跨国并购整合理论,为未来对弱势跨国并购整合中组织间信任的影响因素及建立策略的研究提供理论基础。
Based on cases study, we explore types of inter-firm trust in the different stages of post-merger integration.The result shows that different types of inter-firm trust can be found in the three stages of post-merger integration. During the pre-merger stage, calculus-based trust and contractual trust are the two types of prevailing inter-firm trust between the acquirer and the target. They are built up through the calculative process and are low in degree. During the post-merger stage, usually within a year after quick integration, trust between the two organizations may evolve into competence trust or knowledge-based trust. Competence trust is based upon trust on the competence of one party and is built up through the capability process. Knowledge- based trust is a type of trust on the predictability of behavior of one party and built up through the prediction process. Both types of trust become deeper in this stage. If the integration goes well the two parties then enter into the psychological merger stage which usually lasts for long. Trust between the acquirer and the target would then further evolve into the highest level of trust, namely goodwill trust or identification trust, where the two parties tend to extend trust to each other either out of goodwill or shared culture or value. Both types are built up through the intentionaity process. This paper confirms the applicability of inter-firm trust theory in the field of eross-border merger between a weaker acquirer and a stronger target, providing a starting point from which further research on post-merger integration strategies, in particular for Chinese companies which tend to be at a relatively weaker position to initiate a cross-border M&A.
出处
《中国人力资源开发》
北大核心
2015年第19期6-13,共8页
Human Resources Development of China
基金
中国人民大学2014年度拔尖创新人才培育资助计划成果资助
关键词
跨国并购
弱势并购
信任
案例研究
Cross-Border M&A
M&A by a Weaker Acquirer
Inter-Firm Trust
Case study