Control and Ownership Decision in Technology Sourcing Cross-border M&A on the Resource-Based View and Institution-Based View

被引：0

作者：

Huang, Yongcong ^{[1
]}

Huang, Manli ^{[1
]}

Chen, Xiaomei ^{[1
]}

机构：

[1] S China Univ Technol, Guangzhou, Guangdong, Peoples R China

来源：

INFORMATION TECHNOLOGY APPLICATIONS IN INDUSTRY II, PTS 1-4 | 2013年 / 411-414卷

关键词：

Control; Ownership; Technology Sourcing Cross-border M&A;

D O I：

10.4028/www.scientific.net/AMM.411-414.2583

中图分类号：

TH [机械、仪表工业];

学科分类号：

0802 ;

摘要：

Chinese companies have actively expanded overseas. However, more and more companies, such as TCL, have found that technology sourcing cross-border M&A cost too much to threaten their survival, rather than achieving their goals. From reviewing previous literatures, we found that control, not the ownership, is the critical determinant. Control is the result of the bargaining power between the acquirer and the target company. Drawing on resources-based view, transaction cost theory and institutions theory, this paper reviews the influencing factors of bargaining power in the control and ownership, and proposes a model of control and ownership for Chinese enterprises' technology sourcing cross-border M&A.

引用

页码：2583 / 2588

页数：6