Effects of Cultural Difference on Cross‐Country Mergers and Acquisitions
In this paper, we examine whether the performance of U.S. companies engaging in cross-border mergers and acquisitions (M&A) is influenced by the culture of the host countries in which the target firms are located. We observe that acquiring firms that enter culturally distant markets tend to have...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
People & Global Business Association (P&GBA)
2012-09-01
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Series: | Global Business and Finance Review |
Subjects: | |
Online Access: | http://www.gbfrjournal.org/pds/journal/thesis/20150622130151-QJ95A.pdf |