The Study of Evolution Process and Effects of Corporate Culture and HRM System on Merging Corporate

According to the results of this research one, the difference of: industrial background、M&A types(included incentive & action)、HRM system and corporate culture、performance and external factors between bidding firm and target firm would have great influence on culture and HRM after merging. Finally ten propositions and several suggestions are discussed. According to the results of this research two, it's found that (1) there's a significant canonical relationship between M&A execution , employee recognition and organization effectiveness;(2) there's a significant canonical relationship between corporate culture differentiation and organization effectiveness; (3) there's a significant canonical relationship between HRM system differentiation and organization effectiveness; (4)Adding the measurement of the corporate culture differentiation and HRM system differentiation will increase the accounting variance of M&A execution , employee recognition to organization effectiveness.

This study suggests that to get perfection of M&A should take consideration of human during all the M&A process. The propriety of layout and execution would accelerate culture integration、keep all employee's working, and avoid the unnecessary conflict occurred.