Emerging market firms' acquisitions in advanced markets: Matching strategy with resource-, institution- and industry-based antecedents

被引：31
作者：
Stucchi, Tamara [1 ]
机构：
[1] Copenhagen Business Sch, Dept Strateg Management & Globalizat, DK-2000 Frederiksberg, Denmark
来源：
EUROPEAN MANAGEMENT JOURNAL | 2012年 / 30卷 / 03期
关键词：
Emerging market firm; Cross-border acquisition; Institutional void; Augmentation versus exploitation; INTERNATIONALIZATION; MULTINATIONALS; CHINESE; PERFORMANCE; FOREIGN; OWNERSHIP; ENTREPRENEURSHIP; MOTIVATIONS; INVESTMENT; ECONOMIES;
D O I：
10.1016/j.emj.2012.03.011
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This study draws upon the resource-based view and the institution-based view of the firm to provide a comprehensive overview of how different resource-, institution- and industry-based antecedents affect the motivations guiding the acquisitions that emerging market firms undertake in advanced markets. These antecedents can influence emerging market firms' capacities to absorb or exploit technological and/or marketing advantages in advanced markets. In order to be successful, emerging market firms have to undertake those upmarket acquisitions that best "fit" their antecedents. Four mutually exclusive acquisition strategies are derived, which are then illustrated using examples of Indian firms' acquisitions in advanced markets. (C) 2012 Elsevier Ltd. All rights reserved.
引用
收藏
页码：278 / 289
页数：12
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