search query: @author Morosini, P. / total: 3
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| Author: | Morosini, P. Shane, S. Singh, H. |
| Title: | National cultural distance and cross-border acquisition performance. |
| Journal: | Journal of International Business Studies
1998 : VOL. 29:1, p. 137-158 |
| Index terms: | CORPORATE CULTURE MERGERS |
| Language: | eng |
| Abstract: | This article tests the relationship between national cultural distance and cross-border acquisition performance while controlling for firm- and industry- level variables. The findings suggest that researchers and practitioners should incorporate national cultural distance into cross-border acquisition decision- making and research. The article tests the alternative hypothesis that national cultural distance enhances cross-border acquisition performance by providing access to the target's and/or the acquirer's diverse set of routines and reportoires embedded in national culture. Using a multidimensional measure of national cultural distance and controlling for other effects, the authors examine cross-border acquisitions 1987-1992, and find a positive association between national cultural distance and cross-border acquisition performance. |
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