Adaptation of cultural norms after merger and acquisition based on the heterogeneous agent-based relative-agreement model

Authors:
Hou Zhu;Bin Hu;Jiang Wu;Xiaolin Hu
Affiliations:
School of Management, Huazhong University of Science and Technology, China;School of Management, Huazhong University of Science and Technology, China;School of Information Management, Wuhan University, China;Department of Computer Science, Georgia State University, USA
Venue:
Simulation
Year:
2013

Citing 6
Cited 0

Emergence of social conventions in complex networks

Artificial Intelligence
Small Worlds: The Dynamics of Networks between Order and Randomness

Small Worlds: The Dynamics of Networks between Order and Randomness
Uniformity, Bipolarization and Pluriformity Captured as Generic Stylized Behavior with an Agent-Based Simulation Model of Attitude Change

Computational & Mathematical Organization Theory
A normative framework for agent-based systems

Computational & Mathematical Organization Theory
Extremism Propagation in Social Networks with Hubs

Adaptive Behavior - Animals, Animats, Software Agents, Robots, Adaptive Systems
Collective opinion and attitude dynamics dependency on informational and normative social influences

Simulation

Quantified Score

Hi-index	0.00

Visualization

Abstract

The subject of norm formation and diffusion has gained lots of attention in social science and organizational science in the last decade. This paper explores how public dissenters in acquired firms can affect success or failure of merger and acquisition (M&A). In the classical relative-agreement model, all individuals observe their neighbors' behavior and update their own opinion and behavior following the same rule. This paper proposes a new heterogeneous relative-agreement model where individuals update their behavior following different rules after M&A. Simulation experiments show that the time shortly after acquisition is a key period to guide the acculturation in a way consistent with the intent of the acquiring firm, and that the risk of cultural norm reversing after acquisition is influenced by several important factors. Some suggestions for guiding the acculturation process after M&A are also provided.