|Long Island Accounting Firm Nixes Merger with Manhattan Firm Due to Differing Corporate Culture|
|Topic||Internal Environment and Culture|
|InfoTrac Reference|| A140596624
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|Key Words||Corporate culture, mergers, corporate culture shock|
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.
|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
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