Abstract

This study connects corporate governance and international business literature streams focused on cross-border acquisition success and failure. Based on the results of fuzzy-set qualitative comparative analysis, we developed a mid-range theory stipulating that cross-border acquisition success and failure are associated with complementarities within and between the two groups of explanatory factors—acquirer corporate governance mechanisms and host-country institutions. Building on current research evidence suggesting the standalone necessity of solid acquirer corporate governance and high-quality host-country institutional infrastructure, we theorized that these two groups of explanatory factors play complementary roles in cross-border acquisition success. Our results also provide reinforcing evidence suggesting the duality of CEO power and the conjoined importance of host-country institutions in cross-border acquisitions.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.