000			01855nam a2200253 4500
999			_c52463 _d52463
003			OSt
005			20190821134144.0
008			190821b ||||| |||| 00| 0 eng d
100			_aZhu, Hong (Susan) _934276
245			_aHome Country Institutions Behind Cross-Border Acquisition Performance
300			_a1315-1342 p.
520			_aHow do home country institutions influence cross-border postacquisition performance? We develop an institutional framework showing that informal and formal institutions not only have important individual effects but also work together in complex and interesting ways. While collectivism and humane orientation (two major informal institutions) can facilitate postacquisition integration and firm performance, shareholder orientation and property rights protection (two formal institutions) constrain postacquisition integration and firm performance. As acquirers are simultaneously embedded in their home countries’ informal and formal institutions, we further hypothesize that the positive effects of collectivism and humane orientation can be weakened by incompatible formal institutions that hamper postacquisition collaborative efforts. We find strong support for our hypotheses in a multilevel analysis of a sample of 12,021 cross-border acquisitions involving 43 home and target countries between 1995 and 2003.
653			_aHome country institutions
653			_aInformal institutions
653			_aFormal institutions
653			_aInstitution-based view
653			_aCross-border acquisitions
653			_aMultilevel analysis
700			_aMa, Xufei _934277
700			_aSauerwald, Steve _934278
700			_aPeng, Mike W. _918813
773	0		_029017 _974854 _aDEBORAH E. RUPP _dWEST LAFAYETTE SAGE PUBLICATION 2012 _o55510430 _tJOURNAL OF MANAGEMENT _x 0149-2063
942			_2ddc _cJA-ARTICLE