![]() |
| Long Island Accounting Firm Nixes Merger with Manhattan Firm Due to Differing Corporate Culture | |||||||
| Topic | Internal Environment and Culture | ||||||
| InfoTrac Reference | A140596624 If your textbook came with an InfoTrac passcode, click here to login on InfoTrac. |
||||||
| Key Words | Corporate culture, mergers, corporate culture shock | ||||||
| News Story |
A successful Long Island accounting firm, Nussbaum Yates & Wolpow, was about to merge with a successful Manhattan firm. The deal would have given the suburban firm an immediate foothold within the city boundaries. However, as the firms negotiated, executives at Nussbaum Yates realized that a culture gap made the two companies incompatible and a merger would have resulted in corporate culture shock. Nussbaum Yates has a culture that focuses on quality of life for its partners and is defined as very family-friendly. At the firm they were considering merging with, the key concern was how hard employees worked and how many hours they put in. |
||||||
| Questions |
|
||||||
| Source | “Long Island Accounting Firm Nixes Merger with Manhattan Firm Due to Differing Corporate Culture,” Long Island Business News, January 6, 2006, pNA. | ||||||
| Instructor Discussion Notes | Discussion Notes
These notes are restricted to qualified instructors only. Register for free! |
||||||
Return to the Internal Environment and Culture Index
©2006 South-Western.
All Rights Reserved |