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Discussion Papers In Economics And Business
Graduate School of Economics and Osaka School of International Public Policy (OSIPP)
Osaka University, Toyonaka, Osaka 560-0043, JAPAN
æ°čå―äžæĨãŪããđã M&A ãŦãããããĪããŠããįĩåķ
âãŽãããŪæĩ·åĪ M&A ãŪäšäūãéĄæãĻããčĐĶčŦâ
æŊ čįŋ
Discussion Paper 14-03
January 2014
Graduate School of Economics and Osaka School of International Public Policy (OSIPP)
Osaka University, Toyonaka, Osaka 560-0043, JAPAN
æ°čå―äžæĨãŪããđã M&A ãŦãããããĪããŠããįĩåķ
âãŽãããŪæĩ·åĪ M&A ãŪäšäūãéĄæãĻããčĐĶčŦâ
æŊ čįŋ
Discussion Paper 14-03
æ°čå―äžæĨãŪããđã M&A ãŦãããããĪããŠããįĩåķ
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ãūã ãããŠããããŪčŠēéĄãŦãĪããĶãæŽįĻŋã§ãŊããŽãããæĩ·åĪã§čĄãããäļéĢãŪ M&A ãŪæå
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Medion ãĻ CCE ãŦãŠãįū蹥ã§ããã
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30
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ãĻãŦãŠããããŠãããããéēããŦãŊãŽããããKeep ïžįļæãŪïžBusiness runingããĻããåå
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31
5ïžįĩčŦãĻčēĒįŪ
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éĻéãčģįĢ įđåūī åđæ
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32
ããčåŊãŊäļååã§ãããå éēå―ãŪããđã M&A ãŦéĒããį įĐķãŪäļã§ãããŊããŽããŦãŪį įĐķ
ãŊå°ãŠããŠããŪã§ãããïžäūãã° Julianïž2000ïžãæ°čå―äžæĨãŪããđã M&A ãŪããŊããŽããŦ
ãŪį įĐķãŊãūã čķģããŠãããūããæŽįĻŋãŦãããĶãCCE ãŪäšäūãŦč§ĶããããäļŧãŠč°čŦãŊæ°čå―äž
æĨãĻå éēå―äžæĨãŦéĒããå åŪđã§ãããŪã§ãæ°čå―ãĻæ°čå―éãŪããđã M&A ãŪãããļãĄãģã
ãŪãããđãå§ŋãŊãūã äļæã§ããã
33
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æĪåąąæģ°įãŧéūååãäļå―äžæĨãŦããæĨæŽäžæĨãļãŪčģæŽåå âãŽããĶãģãĻåĶæį§æãŪäšäūãéĄæ
ãĻããčĐĶčŦâã: ãįĩįđį§åĶã 2013 åđī 06 æå·
åžĩå°åđģããåčŊæģããæĐæĒ°å·ĨæĨåšįįĪūįŽŽäļå·ã2012 åđī
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The hybrid management of emerging market firms in the post-M&A phase
Based on the case of overseas M & A made by Lenovo
MAO TANRUIâ
About the phenomenon of overseas M&A made by emerging market firms, research on the
management of post- M&A phase is still limited. To address this problem, in this study, we examined a
serial successful overseas M&A cases made by Lenovo, including their background and the resource
allocation in the post-M&A phase. In conclusion, in order to create value through overseas M&A ,
emerging market firms can apply a hybrid management practice, which can solve the dilemma
between autonomy and integration.
JEL Claasification:M16
Key wordsïžemerging market firms, post M&A, integration , Autonomy, Hybrid management
â Graduate School of Economics, Osaka University, 1-7 Machikaneyama-machi, Toyonaka, Osaka,
Japan
E-Mail:[email protected]