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...

Full description

Bibliographic Details
Main Authors: Kiyoung Chang, Ha-Chin Yi, Yewmun Yip
Format: Article
Language:English
Published: People & Global Business Association (P&GBA) 2012-09-01
Series:Global Business and Finance Review
Subjects:
m&a
Online Access:http://www.gbfrjournal.org/pds/journal/thesis/20150622130151-QJ95A.pdf