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1、Culturalintegrationinthecross-bordermergersandacquisitionsofChineseenterprises•Cross-bordermergersandacquisitions•Corporateculture1.1Definitionofconcepts•CorporatecultureintegrationCross-bordermergersandacquisitionsItisaMultinationalEnterprises(M&Abusiness)throughthechann
2、elsandmeansofpaymentforaparticularpurpose,togetalltheassetsoftheenterpriseofanothercountry(targetcompany)orenoughsharecontrollingthetargetcompany..CorporatecultureCorporatecultureisthebasicbeliefsandvaluesofcorporatemembersinacertainsocialandculturalbackground,withthegrad
3、ualformationofthelong-termcourseofbusiness.andbasedonthebeliefsandvaluesproducethecodeofconductandmanagementstyleCorporatecultureintegrationCorporatecultureintegrationistheinitiativetointegrateitsinternalandexternalresources,theassimilationofmulti-culturalenvironmentwithm
4、ulti-culturalstaff,establishacorporateculturemanagementstructuresandsystemswithuniqueness,initiative,development,levelcharacteristicsmakingthecorporateformagoodculturalatmosphere,encourageenterprisestoachievegoodeconomicandsocialbenefits.1.2Chineseenterprisesthestatusandc
5、haracteristicsthestatusExpandingWidelydistributedRegional structureof the aggl-omerationToDO:1.2ChineseenterprisesthestatusandcharacteristicsthecharacteristicsNon-corebusinessLowprofitmarginConcentratedindevelopedcountriesToDO:TCL(TheCreativeLife)thecompanywasfoundedin198
6、1,isoneoftheglobalscaleofoperationinconsumerelectronicsenterprisegroups,whichownsthreelistedcompanies:TCLGroup,TCLMultimediaTechnology,TCLCommunicationTechnology。1.3ThereasonwhywechosethiscaseAlcatel,foundedin1898,isheadquarteredinParis,France.Alcatelisatelecommunications
7、systemsandequipmentaswellasrelatedcablesandpartsofthefieldofworldleader.Currently,theAlcatelvoice,dataandmultimediainformationcommunicationsystemistheworldleader.ThereasonwhywechosethiscaseTCLisoneofChina'sfastestgrowingindustrialmanufacturingcompany.Butpreciselybecauseof
8、therapidpaceofdevelopmentinTCL,makingitblindoutwardexpansion,thatleadtoitignoredtheenterprisemer