Managing the human side of cross-border acquisitions in South Korea

Fabian Jintae Froese, Yong Suhk Pak, Li Choy Chong

Research output: Contribution to journalArticle

28 Citations (Scopus)

Abstract

Since the Asian financial crisis of 1997-1998, Korea has experienced a dramatic influx of foreign capital directed toward ailing Korean firms. This study shows how three Western companies integrated the human resources and organizational cultures of their Korean target firms and how Korean employees responded to the implemented changes. Data revealed that changes in human resource management and organizational culture were not only tolerated but even appreciated by the employees of Korean target firms. However, organizational culture changes encouraging more individualism and contradicting Confucian values were negatively perceived. The paper concludes with a discussion of the study's practical implications and limitations.

Original languageEnglish
Pages (from-to)97-108
Number of pages12
JournalJournal of World Business
Volume43
Issue number1
DOIs
Publication statusPublished - 2008 Jan 1

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Organizational culture
Cross-border acquisitions
South Korea
Employees
Asian financial crisis
Confucian values
Korea
Human resources
Integrated
Foreign capital
Management culture
Human resource management
Individualism
Culture change

All Science Journal Classification (ASJC) codes

  • Business and International Management
  • Finance
  • Marketing

Cite this

Froese, Fabian Jintae ; Pak, Yong Suhk ; Chong, Li Choy. / Managing the human side of cross-border acquisitions in South Korea. In: Journal of World Business. 2008 ; Vol. 43, No. 1. pp. 97-108.
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Managing the human side of cross-border acquisitions in South Korea. / Froese, Fabian Jintae; Pak, Yong Suhk; Chong, Li Choy.

In: Journal of World Business, Vol. 43, No. 1, 01.01.2008, p. 97-108.

Research output: Contribution to journalArticle

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