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| Author: | Calori, R. Lubatkin, M. Very, P. |
| Title: | Control mechanisms in cross-border acquisitions: an international comparison |
| Journal: | Organization Studies
1994 : VOL. 15:3, p. 361-405 |
| Index terms: | MERGERS CONTROL INTERNATIONAL |
| Language: | eng |
| Abstract: | This paper analyzes the influence of national culture on the integration mechanisms exercised in international acquisitions. The study of 75 international acquisitions in Europe (France and the UK) shows that firms are influenced by their national administrative heritage when they acquire companies abroad. For instance, the French exercise higher formal control of the strategy and the operations, and lower informal control through teamwork than the Americans when they buy firms in the UK. The Americans exercise higher formal control through procedures than the British when they buy firms in France. |
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