詳細情報
| 著作分類 | 論文 |
|---|---|
| 著者 | He, G.:Ivar Padrón-Hernández |
| 論文タイトル | Home country influence in cross-border mergers and acquisitions by emerging market firms: A systematic review |
| 機関名 | Multinational Business Review |
| 巻 | Vol. 32 |
| 号 | Issue 2 |
| ページ | pp. 265–289 |
| 出版・発行年月 | 2024/06/28 |
| 要旨 | 【Purpose】 Emerging market firms (EMFs) are increasingly expanding their global presence through cross-border mergers and acquisitions (CBMAs). While such deals are distinct from those by advanced market firms, there is a need for a comprehensive understanding of how emerging home markets form this distinctiveness. This study aims to remedy this gap. 【Design/methodology/approach】 The authors conduct a systematic literature review of 84 empirical papers. Through a broad search string and seven exclusion criteria, the authors carefully select studies on country-level home factors of CBMAs by EMFs. 【Findings】 After summarizing paper volumes, journals and context factors of home/host countries and industries, the authors highlight different strands of institutional theory as the prevailing perspective and pre-M&A issues as the foremost theme. CBMAs by EMFs are influenced by distinct home-exclusive factors, and the mechanisms linking home-country factors to CBMAs by EMFs show significant inconsistencies across studies. 【Originality/value】 This review focuses on home country influence and thus goes beyond general characteristics of CBMAs by EMFs. The authors highlight more diverse types of home country factors and CBMA outcomes and, more importantly, take a closer look at involved mechanisms. Doing so, the authors identify gaps and disparities that have limited the understanding of home country influence in CBMAs by EMFs. To correct this, the authors offer a comprehensive roadmap for future research, contributing to EMF studies in particular and CBMA and international business research in general. |
| 備考 | |
| 参考URL | https://www.emerald.com/insight/content/doi/10.1108/MBR-09-2023-0156/full/html |
| ラベル | 新興国企業, 合併・買収 |
| 登録日 | 2024/06/28 |
