 How does the cross-border M&A network affect digital innovation? Empirical evidence from Chinese listed companiesYibing Ding, Jing Li, Yang Song and Jean-Michel Sahut Research in International Business and Finance, 2024, vol. 70, issue PB Abstract: This paper studies the relationship between cross-border M&A networks and digital innovation using data from Chinese listed companies and cross-border merger and acquisition (M&A) deals completed between 2009 and 2020. Findings show that cross-border M&A networks have a long-term cumulative promoting effect on digital innovation, whereas a short-term effect is not apparent. The results also show that cross-border M&A networks can improve digital innovation by promoting company resource acquisition. A weakening effect of environmental uncertainty in cross-border M&A networks promoting digital innovation is also identified. Interestingly, we also found that cross-border M&A networks have a more significant long-term impact on digital innovation among companies with large professional background differences and minor financial background differences in top management teams, companies in low-tech and non-digital industries, and large and mature companies. Keywords: Multinational company; Network; Digital innovation; Resource acquisition (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:riibaf:v:70:y:2024:i:pb:s0275531924001752 DOI: 10.1016/j.ribaf.2024.102382 Access Statistics for this article Research in International Business and Finance is currently edited by T. Lagoarde Segot More articles in Research in International Business and Finance from Elsevier |
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