دانلود رایگان مقاله لاتین ترکیب بومی از سایت الزویر
عنوان فارسی مقاله:
تجربه بین المللی در ترکیب بومی - آیا ترکیب و ادغام بومی یک افسانه است؟
عنوان انگلیسی مقاله:
The international experience in domestic mergers – Are purely domestic M&A a myth?
سال انتشار : 2016
برای دانلود رایگان مقاله ترکیب بومی اینجا کلیک نمایید.
مقدمه انگلیسی مقاله:
1. Introduction
Mergers and acquisitions (M&A) have become an established means of strategic expansion for medium to large-sized firms across industries. Whilst in their early stages in the 1890s, M&As were a domestic phenomenon concerning American enterprises, throughout the 20th century subsequent M&A waves have come to include international (i.e. cross-border) transactions, as firms have sought international expansion through acquisitive activity (Hitt et al., 2012; Kolev, Haleblian, & McNamara, 2012). In Europe, this trend was particularly noticeable in the 1990s, when the integration of the European Union fueled the take-off of European cross-border deals (Cartwright, 1998). More recently, the rise and international expansion of emerging market multinationals has been paralleled with heightened M&A activity, be it by Chinese or Indian firms (Kale & Singh, 2012). This corporate activity has been paralleled with the academic study of M&A (for recent reviews, see Faulkner et al., 2012; Gomes, Weber, Brown, & Tarba, 2011; Haleblian, Devers, McNamara, Carpenter, & Davison, 2009; Weber et al., 2012). Reflecting the development of M&A in corporate practice, the distinction between domestic and international (or cross-border) transactions has prevailed. Much of the early theorizing on M&As was thus conducted on domestic transactions; since the 1990s, an increasing interest has been placed on international transactions (Cartwright, 1998; Shimizu, Hitt, Vaidyanath, & Pisano, 2004). Whilst such a distinction might bear relevance for the practice of conducting an acquisitive transaction, its relevance for the purposes of theorizing on M&As has rarely been questioned (Child, Faulkner, & Pitkethly, 2001; Shimizu et al., 2004). In the academic study of M&A, it is assumed that one can conceptually distinguish between the challenges faced by domestic vs. international acquisitions. International acquisitions are considered to bear the additional challenges of cultural (Stahl & Voigt, 2008; Teerikangas & Very, 2006), institutional (Geppert, Do¨ rrenba¨cher, Gammelgaard, & Tapli, 2013) and linguistic boundaries (Piekkari, Vaara, Tienari, & Sa¨ntti, 2005; Vaara, Tienari, Piekkari, & Sa¨ntti, 2005), whereas domestic acquisitions occur in more monotonous contexts, as they are not impacted by the afore-identified international variables.
برای دانلود رایگان مقاله ترکیب بومی اینجا کلیک نمایید.
کلمات کلیدی:
Mitigating risk in international mergers and acquisitions: the role of ... link.springer.com/article/10.1057/palgrave.jibs.8400053 by JJ Reuer - 2004 - Cited by 163 - Related articles In the case of international mergers and acquisitions (M&As), a key ... The results indicate that firms lacking international and domestic acquisition experience ... The Rise of Supermarkets and Their Development Implications: ... https://books.google.com/books?id=qM51ycyFeksC Ashok Gulati - 2008 - Social Science chains. Part of the domestic chain response to foreign competition has been first-tier domestic chain mergers and acquisitions of local chains. Example: Russia. Mergers and Acquisitions in China: Impacts of WTO Accession https://books.google.com/books?isbn=1782542248 Jianxun Chen, Huici Shi - 2008 - Business & Economics ... 13, 14, 22 market acquisitions 72 Chinese companies' international mergers and ... international mergers and acquisitions 103, 146, 149, 150 domestic mergers ... companies 30 shortage of international experience 30 small size of Chinese ... [PDF]Determinants of Cross-Border Mergers and Acquisitions A case of ... https://sigarra.up.pt/fep/pt/pub_geral.show_file?pi_gdoc_id=870940 In 2014, for an international experience she moved to Porto, Portugal to ... M&A, either treated it as a form of FDI or studied it together with domestic mergers and. Domestic and International mergers & acquisitions | Cresco www.crescolaw.com/domestic-and-international-mergers-acquisitions Domestic and International mergers & acquisitions. We excel in ... Clients benefit from our comprehensive experience across all corporate disciplines, including:.
