Doguanxiand harmonious leadership matter in the sociocultural integration by Chinese multinational enterprises in The Netherlands?
Zhe Sun,
Liang Zhao,
Hongji Wei,
Xiaoming Wang and
Rosanne Rosalie Riemersma
International Journal of Emerging Markets, 2022, vol. 18, issue 10, 4631-4650
Abstract:
Purpose - The study aims to examine the effects ofguanxiand harmonious leadership on acquisition performance and the role of sociocultural integration as a mediating mechanism impacting the above links, with a focus on Chinese cross-border acquisitions in The Netherlands. Design/methodology/approach - Data were collected through survey questionnaire with 91 respondents who work in Dutch-acquired companies. Regression analysis was used for exploring the relationship. Findings - The study finds that bothguanxiand harmonious leadership are positive to acquisition performance, and sociocultural integration represents a significant mediating mechanism by whichguanxiand harmonious leadership can result in improved acquisition performance. Originality/value - This study contributes to culture research by emphasizing the clarification of specific Chinese cultural values and cultural practices in cross-border acquisitions and examining the role ofguanxiand harmonious leadership in acquisition performance. Meanwhile, this study helps to unveil Chinese cross-border acquisitions in The Netherlands by examining the mediating force – sociocultural integration.
Keywords: Guanxi; Harmonious leadership; Cross-border acquisitions; Sociocultural integration; China (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:eme:ijoemp:ijoem-11-2020-1350
DOI: 10.1108/IJOEM-11-2020-1350
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