Spätestens seit der "Hochzeit im Himmel", der Fusion von Daimler mit dem US-amerikanischen Wettbewerber Chrysler im Jahr 1998, gelten Mergers of Equals als problematisch. In der Regel fördern sie unguten konzerninternen Wettbewerb, laden zu Stellenabbau ein, sorgen für Konflikte im Management...

With the unchanging high failure rate of M&As, recent research is putting an increasing emphasis on Cultural Due Diligence (CDD) and socio-cultural Post-Merger Integration (PMI) Management. Nevertheless, the state of the art on CDD is still rare, leading to the fact that its actual value for a...

This paper examines the European low-cost airline industry by analysing how the rise of low-cost carriers (LCCs) has influenced the relationship between airlines and airports. Publicly funded infrastructure is a necessary precondition for any business, and utilization charges are an important...

Micro-political conflicts associated with corporate internationalization have been neglected by and large in the literature so far. Despite early consideration by the behavioral theory of internationalization, the specific strength of a micro-political approach, i.e. combining actors'...