Nnglobalization and culture pieterse pdf merger

The mass media are seen today as playing a key role in enhancing globalization, facilitating culture exchange and multiple flows of information and image between countries through international. Global melange 2nd edition by pieterse, jan nederveen isbn. Although many studies acknowledge the important role of the human side in these major events in the. Jan aart scholte, on the other hand, perceives most approaches to globalization as redundant and inadequate. Corporate mergers are an important driver of growth, and yet many mergers fail to produce value for the shareholders of the acquiring firms. Is there cultural life after the clash of civilizations and. Mainstreaming alternative development mainstreaming alternative development in thailand, lao pdr and myanmar is a report prepared by ronarld d. In all cases, the debates tend to focus around the dynamic of the localglobal relations. Select multiple pdf files and merge them in seconds. Hybridity refers to the mixture of phenomena that are held. Corporate culture is the only truly sustainable competitive advantage and the root cause of any merger s failure or success. The root cause of every mergers success or failure.

Culture is affected by economic and political factors. Menus that mix cuisines and healthcare practices that combine diverse methods. Propelled by the efficiency or appeal of wireless communications, electronic commerce, popular culture, and international travel, globalization has been seen as a trend toward homogeneity. December 8, 2017 other asselshmidt the notion of culture has always been difficult to define and with the growth of globalization, it became much harder to do it. Jan nederveen pieterse is a dutchborn scholar whose work centers on global political economy, development studies and cultural studies. However, the results of empirical studies are contradictory and confusing. All content in this area was uploaded by jan nederveen pieterse on feb 17, 2015. The intensity of the globallocal dynamic has been felt in actions. Jan nederveen pieterse argues that what is taking place is a global culture of hybridization.

Cultural differences have contributed to the failure of many promising business enterprises. The treatment of culturespecific lexical items in bilingual dictionaries. Cultural globalization, a phenomenon by which the experience of everyday life, as influenced by the diffusion of commodities and ideas, reflects a standardization of cultural expressions around the world. Cultures, transnational culture, deep culture jan nederveen pieterse introduction in the fourteenth century in his pioneering work in the historical comparative method ibn khaldun noted the differences between nomadic and sedentary peoples, such as berbers and arabs in north africa. No installation, no registration, its free and easy to use. In the article discussing diversity impacts team members goals. Lucia garcialorenzo, sevastimelissa nolas postmerger. Make clear choices about the new, combined entitys behaviors. Now in a fully revised and updated edition, this seminal text disputes the view that we are experiencing a clash of civilizations as well as the idea that globalization leads to cultural homogenization. Deconstructingreconstructing ethnicity pieterse 1997 nations. Religions free fulltext globalization and religion in. In particular, the chapter puts emphasis on discussing wallersteins worldsystems theory e. Globalisation and culture three paradigms jan nederveen pieterse cultural differentiation or lasting difference, cultural convergence or growing sameness, cultural hybridisation or ongoing mixing each of these positions represents a particular politics of difference. Secondly, through qualitative analysis explore the.

We examine the impact of cultural diversity in boards of directors on firm performance. Nonetheless, a large fraction of mergers fail to produce value for the shareholders of the acquiring firms. The impact of cultural differences on the performance of. Culture matters in mergers and acquisitions youtube. An excellent example is the merger of corporations with different maturity levels such as a start up and an established organisation. In fact, the combined effects of corporate culture, national culture, and synergy potential on various integration approaches, as. Culture is very important and interesting, as we shall see in this book. For instance, mergers and diversification in the media industry and government deregulation have a large impact on our cultural experiences as consumers. Renard and supported by the unodc global partnership on alternative development gloi44 with funding support from the government of germany bmz. Drawing on extensive theoretical and empirical research, jan nederveen pieterse develops a relational conception of culture as a dynamic and continuing work. What effect do national and company culture have on the crossborder merger and acquisition process, and how. A model of the influence of culture on integration.

The impact of cultural differences on the performance of mergers and acquisitions. The impact of cultural factors on postacquisition integration. Cultural relativism and the notion of cultures as separate wholes echo into the present and are being revived in the age of multiculturalism. Integrating strategic, financial, and organizational perspectives by g. Also, social characteristics of a economy can attract or in the contrary can chase away companies who. The main trends are that the rise of the rest is ignored because it doesnt fit national narratives in the west, or is represented as a threat because it fits or extends existing enemy images, or is celebrated in business media as. Enclosure ethnicity has three variants dormant ethnicity, cultural confinement, and inward. The impact of cultural diversity in corporate boards on.

Hybridities eastwest jan nederveen pieterse cutnmix experiences in consumption, lifestyles and identities are ordinary and everyday, for example in food and menus. Instead, jan nederveen pieterse argues that we are witnessing the formation of a global melange culture through processes of cultural mixing or hybridization. The sasolengin uhambo mergerforeclosure and white fuel. Culture clash that is managed slowly and perhaps in phases may be better in the long run than a fast merger that does not give employees enough time to consider a very different way of working. Now in a fully revised and updated edition, this seminal text asks if there is cultural life after the clash of civilizations and global mcdonaldization. He currently serves as the duncan and suzanne mellichamp distinguished professor of global studies and sociology at the university of california, santa barbara. Wallerstein 2004a, b and the cultural impact of globalisation, as it is the books contention that globalisation needs to be framed not only in terms of cultural forces and flows as we often do in applied linguistics but also in terms of.

International journal of knowledge, culture and change management volume 4 article. As is, globalization refers to both the aspiration and determination to make a way of life applicable throughout the world, hence contributing to uniformizing ideas and systems. Cultural change processes in mergers summary there have been a number of attempts to explain post merger problems by cultural differences, and in this paper, we argue that much previous research on mergers is based on an essentialist concept of culture. Mc0400332004 post merger concerns cultural integration in a multinational corporation lucia garcialorenzo, lecturer in organisational psychology, social psychology department, london school of economics, london, uk. To pieterse, these projects enable a globalization of culture, which itself facilitates the spread of lifestyles, music, movies, even fashion and cuisine. Introduction corporate mergers are an important driver of corporate and economic growth. The file contains 378 pages and is free to view, download or print. Images of africa and blacks in western popular culture. The influence of national and company culture on cross. This paper surveys the strategy literature on human resources role in the process of mergers and acquisitions. His historically deep and geographically wide approach to. We construct a measure of national cultural diversity by calculating the average of cultural distances between board members using hofstedes culture framework.

This is examined in relation to government, privatization. We construct a measure of cultural diversity by calculating the centroid of cultural distances between each board member using hofstedes cultural framework. Successful cross cultural mergers and acquisitions. Culture has emerged as one of the dominant factors that prevent effective integrations. They say that teams most certainly have a pros and cons as do the majority of structures businesses decide to use. Domestic and foreign acquisitions of finnish companies in 19932004 key words. Global melange by jan nederveen pieterse and a great selection of related books, art and collectibles available now at. The impact of globalisation, mergers, acquisitions, reengineering and downsizing, on individuals and organisations in south africa miss tasnim bibi kazi academic lecturer of regent business school, south africa miss vartikka indermun academic lecturer of management college of southern africa mancosa abstract. The impact of cultural diversity in corporate boards on firm performance abstract we examine the impact of cultural diversity in boards of directors on firm performance. Globalization and culture nederveen pieterse, jan on. The social, cultural and political factors that influence.