跨国收购经验对后续跨国收购的影响：S 型假设检验

IF 5.9 2区管理学 Q1 MANAGEMENT

Journal of International Management Pub Date : 2024-03-16 DOI:10.1016/j.intman.2024.101138

Revti Raman Sharma , Sharmistha Chowdhury , Yang Yu

{"title":"跨国收购经验对后续跨国收购的影响：S 型假设检验","authors":"Revti Raman Sharma , Sharmistha Chowdhury , Yang Yu","doi":"10.1016/j.intman.2024.101138","DOIUrl":null,"url":null,"abstract":"<div><p>The literature generally supports the linear effect of cross-border acquisition (CBA) experience on subsequent CBA behaviour. We draw from the extended organisational learning perspective to propose an S-shaped relationship between CBA experience and subsequent CBAs. We hypothesise that the number of CBAs decreases at a low level of CBA experience, increases at a moderate level of CBA experience, and decreases again at a high level of CBA experience. Based on a sample of 1675 observations from 205 Indian MNEs, we find support for our hypothesis. Our findings contribute to the CBA literature, specifically in the context of emerging economy multinational enterprises.</p></div>","PeriodicalId":47937,"journal":{"name":"Journal of International Management","volume":null,"pages":null},"PeriodicalIF":5.9000,"publicationDate":"2024-03-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S107542532400019X/pdfft?md5=4540b79e0424466984c09d1d2b12ad94&pid=1-s2.0-S107542532400019X-main.pdf","citationCount":"0","resultStr":"{\"title\":\"The Effect of Cross-border Acquisition Experience on Subsequent Cross-border Acquisitions: A Test of the S-shape Hypothesis\",\"authors\":\"Revti Raman Sharma , Sharmistha Chowdhury , Yang Yu\",\"doi\":\"10.1016/j.intman.2024.101138\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><p>The literature generally supports the linear effect of cross-border acquisition (CBA) experience on subsequent CBA behaviour. We draw from the extended organisational learning perspective to propose an S-shaped relationship between CBA experience and subsequent CBAs. We hypothesise that the number of CBAs decreases at a low level of CBA experience, increases at a moderate level of CBA experience, and decreases again at a high level of CBA experience. Based on a sample of 1675 observations from 205 Indian MNEs, we find support for our hypothesis. Our findings contribute to the CBA literature, specifically in the context of emerging economy multinational enterprises.</p></div>\",\"PeriodicalId\":47937,\"journal\":{\"name\":\"Journal of International Management\",\"volume\":null,\"pages\":null},\"PeriodicalIF\":5.9000,\"publicationDate\":\"2024-03-16\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"https://www.sciencedirect.com/science/article/pii/S107542532400019X/pdfft?md5=4540b79e0424466984c09d1d2b12ad94&pid=1-s2.0-S107542532400019X-main.pdf\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of International Management\",\"FirstCategoryId\":\"91\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S107542532400019X\",\"RegionNum\":2,\"RegionCategory\":\"管理学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"MANAGEMENT\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of International Management","FirstCategoryId":"91","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S107542532400019X","RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"MANAGEMENT","Score":null,"Total":0}

引用次数: 0

摘要

文献普遍支持跨国收购（CBA）经验对后续 CBA 行为的线性影响。我们从扩展的组织学习视角出发，提出了跨国收购经验与后续跨国收购行为之间的 S 型关系。我们假设，CBA 经验越少，CBA 数量越少；CBA 经验越多，CBA 数量越多；CBA 经验越多，CBA 数量越多。基于 205 家印度跨国企业的 1675 个观察样本，我们发现我们的假设得到了支持。我们的研究结果为企业价值评估文献做出了贡献，特别是在新兴经济体跨国企业的背景下。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

查看原文本刊更多论文

The Effect of Cross-border Acquisition Experience on Subsequent Cross-border Acquisitions: A Test of the S-shape Hypothesis

The literature generally supports the linear effect of cross-border acquisition (CBA) experience on subsequent CBA behaviour. We draw from the extended organisational learning perspective to propose an S-shaped relationship between CBA experience and subsequent CBAs. We hypothesise that the number of CBAs decreases at a low level of CBA experience, increases at a moderate level of CBA experience, and decreases again at a high level of CBA experience. Based on a sample of 1675 observations from 205 Indian MNEs, we find support for our hypothesis. Our findings contribute to the CBA literature, specifically in the context of emerging economy multinational enterprises.

求助全文

通过发布文献求助，成功后即可免费获取论文全文。去求助

来源期刊

Journal of International Management MANAGEMENT-

自引率

9.80%

发文量

审稿时长

81 days

期刊介绍： The Journal of International Management is devoted to advancing an understanding of issues in the management of global enterprises, global management theory, and practice; and providing theoretical and managerial implications useful for the further development of research. It is designed to serve an audience of academic researchers and educators, as well as business professionals, by publishing both theoretical and empirical research relating to international management and strategy issues. JIM publishes theoretical and empirical research addressing international business strategy, comparative and cross-cultural management, risk management, organizational behavior, and human resource management, among others.