Skip to main content
SpringerLink
Log in

Study on risk assessment of overseas merger and acquisition knowledge integration based on character-weighted set pair

  • Published:
Cluster Computing Aims and scope Submit manuscript

Abstract

This paper adopts the case analysis method from the perspective of risk management to analyze the risk sources existing in overseas merger and acquisition (M&A) knowledge integration process, applies the identical discrepancy contrary model in the character-weighted set pair analysis to evaluate the risk factors of human resources, technology resources, relation resources, structure resources, corporate culture in knowledge integration, and explores the risk development tendency according to the model partial connection number. The results show that: the horizontal resources integration, business process and organization structure are the important factors to influence the risk of knowledge integration in all the risk sources. Based on theoretical analysis and empirical study, strategies for promoting enterprises’ overseas M&A are proposed, which provides reference for the enterprises to implement overseas M&A.

This is a preview of subscription content, log in via an institution to check access.

Access this article

Log in via an institution

Price excludes VAT (USA)
Tax calculation will be finalised during checkout.

Instant access to the full article PDF.

Institutional subscriptions

Fig. 1

Similar content being viewed by others

References

  1. Fan, Y., Zhu, L.: A real options based model and its application to China’s overseas oil investment decisions. Energy Econ. 32(3), 627–637 (2010)

    Article  Google Scholar 

  2. Cui, L., Jiang, F.: State ownership effect on firms’ FDI ownership decisions under institutional pressure: a study of Chinese outward-investing firms. J. Int. Bus. Stud. 43(3), 264–284 (2012)

    Article  Google Scholar 

  3. Yan, D.Y.: A research on the institutional distance, international experience and Chinese overseas acquisitions. Nankai Econ. Stud. 161(5), 75–97 (2011)

    Google Scholar 

  4. Gu, L., Reed, W.R.: Chinese overseas M&A performance and the go global policy. Econ. Transit. 21(1), 157–192 (2013)

    Article  Google Scholar 

  5. Bonardo, D., Paleari, S., Vismara, S.: The M&A dynamics of European science-based entrepreneurial firms. J. Technol. Transf. 35(1), 141–180 (2010)

    Article  Google Scholar 

  6. Chen, F., Xu, Y.: Democratization in the host country and institutional risk of cross-border M&A: an empirical study on Chinese listed enterprises. Qual. Quant. 48(2), 1013–1025 (2014)

    Article  Google Scholar 

  7. Foss, N.J., Pedersen, T.: Organizing knowledge processes in the multinational corporation: an introduction. J. Int. Bus. Stud. 35(5), 340–349 (2004)

    Article  Google Scholar 

  8. Persson, M.: The impact of operational structure, lateral integrative mechanisms and control mechanisms on intra-MNE knowledge transfer. Int. Bus. Rev. 15(5), 547–569 (2006)

    Article  Google Scholar 

  9. Björkman, I., Barner-Rasmussen, W., Li, L.: Managing knowledge transfer in MNCs: the impact of headquarters control mechanisms. J. Int. Bus. Stud. 35(5), 443–455 (2004)

    Article  Google Scholar 

  10. Chen, F., Wang, Y.: Integration risk in cross-border M&A based on internal and external resource: empirical evidence from China. Qual. Quant. 48(1), 281–295 (2014)

    Article  Google Scholar 

  11. Wen, Y., Jing, G., Cheng, S.: Industry innovation cluster evolution based on knowledge spillover effects. Syst. Eng. 29(4), 53–59 (2011)

    Google Scholar 

  12. Wang, Q., Hao, W.: Fuzzy comprehensive evaluation of the performance for the M&A and restructuring in Chinese iron and steel industry. In: International Conference on Management Science and Engineering (pp. 637–642). IEEE (2013)

  13. Pablo, A.L.: Determinants of acquisition integration level: a decision-making perspective. Acad. Manag. J. 37(4), 803–836 (1994)

    Google Scholar 

  14. Kim, L., Lee, H.: Patterns of technological change in a rapidly developing country: a synthesis. Technovation 6(4), 261–276 (1987)

    Article  Google Scholar 

  15. Bauer, F., Matzler, K.: Antecedents of M&A success: the role of strategic complementarity, cultural fit, and degree and speed of integration. Strateg. Manag. J. 35(2), 269–291 (2014)

    Article  Google Scholar 

  16. Grant, R.M.: Prospering in dynamically-competitive environments: organizational capability as knowledge integration. Organ. Sci. 7(4), 133–153 (1996)

    Article  Google Scholar 

  17. Tankanonaka, I., Nonaka, D.: H Takeuchi, H.: The knowledge creating company. Harv. Bus. Rev. 69(6), 96–104 (1991)

    Google Scholar 

  18. Wei, J., Wang, T.A.: Analytical framework of Knowledge Integration: evaluations, approaches and factors. J. Xidian Univ. 18(02), 8–13 (2008)

    Google Scholar 

  19. Liu, D.: The risk and the evasion mechanism of the cross-cultural human resources integration in the course of transnational merger and acquisition. Reform. Strategy 31(11), 57–60 (2015)

    Google Scholar 

  20. Panibratov, A.: Cultural and organizational integration in cross-border M & A deals: the comparative study of acquisitions made by Emnes from China and Russia. J. Org. Change Manag. 1, 1–35 (2017)

    Google Scholar 

  21. Ashbaugh-Skaife, H., Veenma, D., Wangerin, D.: Internal control over financial reporting and managerial rent extraction: evidence from the profitability of insider trading. J. Acc. Econ. 55(1), 91–110 (2013)

    Article  Google Scholar 

  22. Zhao, K.Q.: Decision making algorithm based on set pair analysis for use when facing multiple uncertain attributes. CAAI Trans. Intell. Syst. 5(1), 41–50 (2010)

    MathSciNet  Google Scholar 

  23. Wang, T., Chen, J.S., Wang, T., Wang, S.: Entropy weight-set pair analysis based on tracer techniques for dam leakage investigation. Nat. Hazards 76(2), 747–767 (2015)

    Article  Google Scholar 

  24. Wang, H., Mao, X., Dong, F.: Application of five-element connection number on the comprehensive impact evaluation of water-saving renovation in irrigation area. Philos. Mag. 83(17–18), 2131–2138 (2010)

    Google Scholar 

  25. Liu, A., Xiao, Z.H., Fu, S.N.: Knowledge integration effects in the process of mergers and acquisitions-based on entropy weight method. Rev. Fac. Ing. 31(12), 143–150 (2016)

    Google Scholar 

Download references

Author information

Authors and Affiliations

  1. School of Economics and Management, Harbin Engineering University, Harbin, Hei Longjiang, China

    Liu Ang, Fu Shan-na & Xiao Zhen-hong

Authors
  1. Liu Ang
    View author publications

    You can also search for this author in PubMed Google Scholar

  2. Fu Shan-na
    View author publications

    You can also search for this author in PubMed Google Scholar

  3. Xiao Zhen-hong
    View author publications

    You can also search for this author in PubMed Google Scholar

Corresponding author

Correspondence to Fu Shan-na.

Rights and permissions

Reprints and permissions

About this article

Check for updates. Verify currency and authenticity via CrossMark

Cite this article

Ang, L., Shan-na, F. & Zhen-hong, X. Study on risk assessment of overseas merger and acquisition knowledge integration based on character-weighted set pair. Cluster Comput 22 (Suppl 2), 2689–2700 (2019). https://doi.org/10.1007/s10586-017-1431-1

Download citation

  • Received:

  • Revised:

  • Accepted:

  • Published:

  • Issue Date:

  • DOI: https://doi.org/10.1007/s10586-017-1431-1

Keywords

Search

Navigation