WORKING PAPER SERIES

Michael Fascia

No s7fg9, OSF Preprints from Center for Open Science

Abstract: Drawing from Berry’s nine-dimension-theory, the institutional distance discussed within this study was divided into four dimensions that include the regulation distance (including political distance and legal distance), economic distance, cultural distance and knowledge distance. Empirical data, showed reverse conditional influence around the effects of “Liability of Foreignness”. We combine both the macro and micro level factors i.e. institutional distance and parent company’s core competency (ability). Analysis was based on 60 samples of companies that completed cross-border Results indicate that cultural distance has a negative relationship with cross-border M&A performance, while the parent company's absorptive capacity has a strong positive relationship with cross-border M&A performance. Furthermore, both play a mediate role in institutional distance, which has a measurable effect on cross-border M&A performance.

Date: 2019-02-21
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://osf.io/download/5c6e991262c82a001ad74fb6/

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:osf:osfxxx:s7fg9

DOI: 10.31219/osf.io/s7fg9

Access Statistics for this paper

More papers in OSF Preprints from Center for Open Science
Bibliographic data for series maintained by OSF ().