Integration of Non-market and Market Activities in Cross-border Mergers and Acquisitions
نویسندگان
چکیده
منابع مشابه
Cross-border Mergers and Acquisitions
By combining two large data sets (on international trade flows and cross-border mergers and acquisitions – M&As), we test two implications of Neary’s (2003, 2007) general oligopolistic equilibrium (GOLE) model (incorporating strategic interaction between firms in a general equilibrium setting). In terms of economic importance, the dominant merger wave variable is a positive global-all effect, i...
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Despite the increasing frequency of cross-border mergers and acquisitions, it is accepted that the rate of success in the post-merger phase remains poor; the main reason for this is widely accepted to be the unsuccessful cultural integration of the two firms involved. Driven by limited time to obtain results, managers from the headquarters (of the acquiring firm) seek to change the culture of t...
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Cross-border M&A has become one of the leading approaches for firms to gain access to global markets. Yet there has been little progress in the research literature exploring the role that culture may play in the success of these ventures. Poor culture-fit has often been cited as one reason why M&A has not produced the outcomes organizations hoped for (Cartwright & Schoenberg, 2006). Cross-borde...
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ژورنال
عنوان ژورنال: British Journal of Management
سال: 2017
ISSN: 1045-3172
DOI: 10.1111/1467-8551.12228