{"title":"中国跨境并购:沟通实践如何影响整合结果","authors":"Jean Wang, Lars Schweizer","doi":"10.1002/tie.22363","DOIUrl":null,"url":null,"abstract":"<p>This study provides an empirical investigation on how communication practices impact the post-acquisition integration outcomes, in the context of Chinese cross-border mergers and acquisitions (CBMAs). We tailored our assessment to reflect communication practices during Chinese CBMA integration. The integration outcomes are measured by organizational commitment and strategic performance improvement. Using a data collected via survey from global executives and middle managers, we find that communication accuracy, channel efficiency, and overseas business management department positively impact organizational commitment. Moreover, inter-organizational trust mediates the effect of communication accuracy on organizational commitment, and communication officer on organizational commitment. In addition, we find that the language barrier of the Chairman negatively impacts strategic performance improvement. Moreover, acquisition experience, business relatedness, industrial investors, private-owned investors, and management consultant all positively affect strategic performance improvement. However, middle managers negatively impact the integration outcomes.</p>","PeriodicalId":47515,"journal":{"name":"Thunderbird International Business Review","volume":"66 1","pages":"81-99"},"PeriodicalIF":2.2000,"publicationDate":"2023-07-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/tie.22363","citationCount":"0","resultStr":"{\"title\":\"Chinese cross-border mergers and acquisitions: How communication practices impact integration outcomes\",\"authors\":\"Jean Wang, Lars Schweizer\",\"doi\":\"10.1002/tie.22363\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<p>This study provides an empirical investigation on how communication practices impact the post-acquisition integration outcomes, in the context of Chinese cross-border mergers and acquisitions (CBMAs). We tailored our assessment to reflect communication practices during Chinese CBMA integration. The integration outcomes are measured by organizational commitment and strategic performance improvement. Using a data collected via survey from global executives and middle managers, we find that communication accuracy, channel efficiency, and overseas business management department positively impact organizational commitment. Moreover, inter-organizational trust mediates the effect of communication accuracy on organizational commitment, and communication officer on organizational commitment. In addition, we find that the language barrier of the Chairman negatively impacts strategic performance improvement. Moreover, acquisition experience, business relatedness, industrial investors, private-owned investors, and management consultant all positively affect strategic performance improvement. However, middle managers negatively impact the integration outcomes.</p>\",\"PeriodicalId\":47515,\"journal\":{\"name\":\"Thunderbird International Business Review\",\"volume\":\"66 1\",\"pages\":\"81-99\"},\"PeriodicalIF\":2.2000,\"publicationDate\":\"2023-07-16\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"https://onlinelibrary.wiley.com/doi/epdf/10.1002/tie.22363\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Thunderbird International Business Review\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://onlinelibrary.wiley.com/doi/10.1002/tie.22363\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"BUSINESS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Thunderbird International Business Review","FirstCategoryId":"1085","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1002/tie.22363","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"BUSINESS","Score":null,"Total":0}
Chinese cross-border mergers and acquisitions: How communication practices impact integration outcomes
This study provides an empirical investigation on how communication practices impact the post-acquisition integration outcomes, in the context of Chinese cross-border mergers and acquisitions (CBMAs). We tailored our assessment to reflect communication practices during Chinese CBMA integration. The integration outcomes are measured by organizational commitment and strategic performance improvement. Using a data collected via survey from global executives and middle managers, we find that communication accuracy, channel efficiency, and overseas business management department positively impact organizational commitment. Moreover, inter-organizational trust mediates the effect of communication accuracy on organizational commitment, and communication officer on organizational commitment. In addition, we find that the language barrier of the Chairman negatively impacts strategic performance improvement. Moreover, acquisition experience, business relatedness, industrial investors, private-owned investors, and management consultant all positively affect strategic performance improvement. However, middle managers negatively impact the integration outcomes.
期刊介绍:
Thunderbird International Business Review is a peer-reviewed journal that is published six times a year in cooperation with the Thunderbird School of Global Business Management, the world"s leading institution in the education of global managers. The journal"s aim is to advance and disseminate research in the field of international business. Its main target audience includes academicians and executives in business and government who have an interest in international business.