Not for All: What Explains Cross-Border Acquisitions from Emerging Market Firms

Larissa Rabbiosi; Tamara Stucchi

Not for All: What Explains Cross-Border Acquisitions from Emerging Market Firms

Publikation: Bidrag til bog/antologi/rapport › Konferenceabstrakt i proceedings › Forskning › peer review

Abstract

Drawing upon the resource-based view, we examine how the degree of geographic fungibility of firm-specific resources (upstream, downstream and relational assets) relates to the location choice of international acquisitions made by emerging market firms. We test our hypotheses on 14,330 observations of Indian firms observed in the period 2006-2010. The results suggest that upstream (technological) resources enhance acquisitions in developed markets while acquisitions in other developing countries are more likely when the emerging market firm owns greater advertising resources. Relational assets also contribute in explaining the destination of acquisitions by emerging market firms: local-based ties inhibit the probability of engaging in
cross-border acquisitions, while co-ethnic-based ties enhance the probability of acquisitions in advanced markets.

Originalsprog	Engelsk
Titel	Proceedings of the 54rd Annual Meeting of the Academy of International Business
Redaktører	Susan Feinberg, Tunga Kiyak
Udgivelsessted	East Lansing, MI
Forlag	Academy of International Business
Publikationsdato	2012
Sider	184
Status	Udgivet - 2012
Begivenhed	AIB 2012 Annual Meeting: Rethinking the Roles of Business, Government and NGOs in the Global Economy - George Washington University and University of Maryland, Washington, USA Varighed: 30 jun. 2012 → 3 jul. 2012 Konferencens nummer: 54 http://aib.msu.edu/events/2012/

Konference

Konference	AIB 2012 Annual Meeting
Nummer	54
Lokation	George Washington University and University of Maryland
Land/Område	USA
By	Washington
Periode	30/06/2012 → 03/07/2012
Internetadresse	http://aib.msu.edu/events/2012/

Navn	Academy of International Business. Annual Meeting. Proceedings
Vol/bind	54
ISSN	2078-4430

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Citationsformater

Rabbiosi, Larissa ; Stucchi, Tamara. / Not for All : What Explains Cross-Border Acquisitions from Emerging Market Firms. Proceedings of the 54rd Annual Meeting of the Academy of International Business. red. / Susan Feinberg ; Tunga Kiyak. East Lansing, MI : Academy of International Business, 2012. s. 184 (Academy of International Business. Annual Meeting. Proceedings, Bind 54).

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abstract = "Drawing upon the resource-based view, we examine how the degree of geographic fungibility of firm-specific resources (upstream, downstream and relational assets) relates to the location choice of international acquisitions made by emerging market firms. We test our hypotheses on 14,330 observations of Indian firms observed in the period 2006-2010. The results suggest that upstream (technological) resources enhance acquisitions in developed markets while acquisitions in other developing countries are more likely when the emerging market firm owns greater advertising resources. Relational assets also contribute in explaining the destination of acquisitions by emerging market firms: local-based ties inhibit the probability of engaging incross-border acquisitions, while co-ethnic-based ties enhance the probability of acquisitions in advanced markets.",

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booktitle = "Proceedings of the 54rd Annual Meeting of the Academy of International Business",

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Rabbiosi, L & Stucchi, T 2012, Not for All: What Explains Cross-Border Acquisitions from Emerging Market Firms. i S Feinberg & T Kiyak (red), Proceedings of the 54rd Annual Meeting of the Academy of International Business. Academy of International Business, East Lansing, MI, Academy of International Business. Annual Meeting. Proceedings, bind 54, s. 184, AIB 2012 Annual Meeting, Washington, USA, 30/06/2012. <http://aib.msu.edu/events/2012/AIB2012_ConferenceProceedings.pdf>

Not for All: What Explains Cross-Border Acquisitions from Emerging Market Firms. / Rabbiosi, Larissa; Stucchi, Tamara.
Proceedings of the 54rd Annual Meeting of the Academy of International Business. red. / Susan Feinberg; Tunga Kiyak. East Lansing, MI: Academy of International Business, 2012. s. 184 (Academy of International Business. Annual Meeting. Proceedings, Bind 54).

Publikation: Bidrag til bog/antologi/rapport › Konferenceabstrakt i proceedings › Forskning › peer review

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