• Iulian Warter Center for Socio-Economic Studies and Multiculturalism, Iasi, Romania,
  • Liviu Warter Center for Socio-Economic Studies and Multiculturalism, Iasi, Romania,



mergers and acquisitions (M&As), cultural due diligence, national culture, organizational culture, professional culture


During the last decades, the corporate world has witnessed a significant rise in the number of cross border mergers and acquisitions (M&As).In cross border M&As, not only different corporate cultures collide, but also different professional and national cultures.The purpose of Cultural Due Diligence (CDD) is to get a coherent image of the intercultural challenges of the M&A in order to be aware of the intercultural risks and opportunities.This article aims to reveal the perception of managers involved in the pre-M&A stage on the soft risks factors that need to be investigated during CDD.This study proposes an appraisal of the most important intercultural issues that need to be considered in M&A.Our contribution to the intercultural aspects of M&A literature consists in improving the current understanding of Cultural Due Diligence content.

Author Biography

Liviu Warter, Center for Socio-Economic Studies and Multiculturalism, Iasi, Romania,



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How to Cite

Warter, I., & Warter, L. (2017). CULTURAL DUE DILIGENCE IN M&A. IMPORTANCE OF SOFT RISKS FACTORS. Annals of Spiru Haret University. Economic Series, 17(2), 38–62.