并购重组失败的原因有很多,但究其因主要是企业的精神文化、制度文化和行为文化三个层次文化的融合失败。在企业并购重组中,无论企业实施横向并购或纵向并购战略,并购企业文化整合主要有强势对弱势文化的同化式、强势对强势文化的融合式、弱势对强势文化的隔离式和弱势对弱势文化的促进式四种模式。文化整合流程可划分为文化解冻、文化整合以及文化冻结三个阶段,在不同的阶段企业应该实施不同的策略。 There are many reasons for the failure of M & A and restructuring, but the main reason is the failure of the three levels of culture, namely, the spiritual culture, the institutional culture and the behavioral culture. Mergers and acquisitions in the merger and reorganization, regardless of the enterprise to implement horizontal mergers and acquisitions or vertical mergers and acquisitions, mergers and acquisitions corporate culture are mainly assimilation of weak culture assimilation, strong fusion of strong culture, weak culture of isolation and weak culture of weak culture The promotion of four models. Cultural integration process can be divided into three stages: cultural thawing, cultural integration and cultural freezing. Enterprises should implement different strategies in different stages.