Developing chinese economy overseas: Cross-cultural dilemmas in chinese–Dutch mergers and acquisitions

Sylvia van de Bunt, Wenjia Chang-Howe

Research output: Chapter in Book / Report / Conference proceedingChapterAcademicpeer-review

Abstract

The globalization of Chinese economy has a major impact on local companies worldwide today. Leaders of Chinese global mergers & acquisitions (M&As) face various cross-cultural dilemmas. This chapter captures the research on three Chinese-owned Dutch companies, examining critical M&A success and failure factors from a cross-cultural perspective. The data collected through interviews among Chinese and Dutch leaders allow us to get a better understanding of the leadership and cultural dilemmas within Chinese–Dutch M&A companies. Our findings contribute to the literature about cross-cultural dilemmas in a globalizing workplace. In particular, the findings contribute to the understanding of cross-cultural key constraints such as miscommunication, feelings of distrust, and nontransparency. We argue that these cross-cultural constraints may be caused by the perceived divergence of Chinese versus Dutch values toward, among others, the dilemma of “money and control” versus “trust and loyalty.” How to anticipate these Chinese–Dutch dilemmas in M&As? This chapter concludes that a more servant-leadership style is needed when anticipating these dilemmas to reconcile organizational cultural values.

Original languageEnglish
Title of host publicationContributions to Management Science
PublisherSpringer
Pages243-267
Number of pages25
DOIs
Publication statusPublished - 1 Jan 2019

Publication series

NameContributions to Management Science
ISSN (Print)1431-1941
ISSN (Electronic)2197-716X

Fingerprint

Mergers and acquisitions
Industry
Chinese economy

Keywords

  • Cross-cultural dilemmas
  • Globalizing workplace
  • M&A
  • Organizational cultural values
  • Servant-leadership
  • Think global act local

Cite this

Bunt, S. V. D., & Chang-Howe, W. (2019). Developing chinese economy overseas: Cross-cultural dilemmas in chinese–Dutch mergers and acquisitions. In Contributions to Management Science (pp. 243-267). (Contributions to Management Science). Springer. https://doi.org/10.1007/978-3-030-11766-5_8
Bunt, Sylvia van de ; Chang-Howe, Wenjia. / Developing chinese economy overseas : Cross-cultural dilemmas in chinese–Dutch mergers and acquisitions. Contributions to Management Science. Springer, 2019. pp. 243-267 (Contributions to Management Science).
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Bunt, SVD & Chang-Howe, W 2019, Developing chinese economy overseas: Cross-cultural dilemmas in chinese–Dutch mergers and acquisitions. in Contributions to Management Science. Contributions to Management Science, Springer, pp. 243-267. https://doi.org/10.1007/978-3-030-11766-5_8

Developing chinese economy overseas : Cross-cultural dilemmas in chinese–Dutch mergers and acquisitions. / Bunt, Sylvia van de; Chang-Howe, Wenjia.

Contributions to Management Science. Springer, 2019. p. 243-267 (Contributions to Management Science).

Research output: Chapter in Book / Report / Conference proceedingChapterAcademicpeer-review

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Bunt SVD, Chang-Howe W. Developing chinese economy overseas: Cross-cultural dilemmas in chinese–Dutch mergers and acquisitions. In Contributions to Management Science. Springer. 2019. p. 243-267. (Contributions to Management Science). https://doi.org/10.1007/978-3-030-11766-5_8