Journal ArticleDOI
The effect of cultural and institutional factors on initiation, completion, and duration of cross-border acquisitions
TLDR
In this paper, the authors studied the effect of cultural and institutional distances on the probability that a firm from an acquiring country announces an acquisition of a firm in a target country (initiation), the probability of an announced deal is completed (completion), and the average time it takes to complete an acquisition (duration).About:
This article is published in Journal of Corporate Finance.The article was published on 2021-06-01. It has received 11 citations till now. The article focuses on the topics: Duration (project management).read more
Citations
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Acquiring new technologies and capabilities: A grounded model of acquisition implementation
Annette L. Ranft,Michael D. Lord +1 more
TL;DR: An empirically grounded model of technology and capability transfer during acquisition implementation is developed and proposals are developed to help guide further inquiry into the dynamics of acquisition implementation processes in general and, more specifically, the process of acquiring new technologies and capabilities from other firms.
Posted Content
Understanding Acquisition Performance: The Role of Transfer Effects
Jerayr Haleblian,S. Finklestein +1 more
TL;DR: In this article, the authors examined positive and negative transfer effects in organization acquisitions and found that similar acquisitions are positively related to acquisition performance, consistent with theories on positive transfer of industry knowledge.
Journal ArticleDOI
The New World of the Gothic Fox: Culture and Economy in English and Spanish America.
Jeremy Adelman,Claudio Veliz +1 more
TL;DR: In this article, Veliz adopts the provocative metaphor of foxes and hedgehogs that Isaiah Berlin used to describe opposite types of thinkers, and applies this metaphor to modern culture, economic systems, and the history of the New World.
Journal ArticleDOI
Corporate Social Responsibility Culture and International M&As
TL;DR: This article examined the role of corporate culture in M&As by utilizing a unique corporate social responsibility (CSR) dataset, providing in-depth information on multiple dimensions of organizational culture in 22 developed markets.
Journal ArticleDOI
Country uncertainty, power distance, and payment methods in acquisitions
TL;DR: In this paper, the impact of country-specific uncertainty on the choice of payment method in international acquisitions was examined and the results showed a negative association between the level of target uncertainty and the acceptance of payment methods.
References
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Book
Culture′s Consequences: Comparing Values, Behaviors, Institutions and Organizations Across Nations
TL;DR: In this paper, values and culture data collection, treatment and validation power distance Uncertainty Avoidance Individualism and Collectivism Masculinity and Femininity Long versus Short-Term Orientation Cultures in Organizations Intercultural Encounters Using Culture Dimension Scores in Theory and Research
Journal ArticleDOI
Law and Finance
TL;DR: In this article, the authors examined legal rules covering protection of corporate shareholders and creditors, the origin of these rules, and the quality of their enforcement in 49 countries and found that common-law countries generally have the strongest, and French civil law countries the weakest, legal protections of investors, with German- and Scandinavian-civil law countries located in the middle.
Posted Content
Gravity with Gravitas: A Solution to the Border Puzzle
TL;DR: This article showed that the gravity model usually estimated does not correspond to the theory behind it and showed that national borders reduce trade between the US and Canada by about 44% while reducing trade among other industrialized countries by about 30%.
Journal ArticleDOI
The Effect of National Culture on the Choice of Entry Mode
Bruce Kogut,Harbir Singh +1 more
TL;DR: In this paper, the authors investigated the influence of national culture on the choice of entry modes in the United States market by analysing data on 228 entries into the market by acquisition, wholly owned greenfield and joint venture.
Journal ArticleDOI
Gravity with Gravitas: A Solution to the Border Puzzle
TL;DR: In this article, a method that consistently and efficiently estimates a theoretical gravity equation and correctly calculates the comparative statics of trade frictions was developed to solve the famous McCallum border puzzle.
Related Papers (5)
Antecedents of time to completion in mergers and acquisitions
The effects of industry relatedness and takeover motives on cross-border acquisition completion
Mi-Hee Lim,Ji-Hwan Lee +1 more