Reconceptualizing cultural distance: The role of cultural experience reserve in cross-border acquisitions
Abstract
Cultural distance is one of the most widely used distance construct in international business. However, scholars have long questioned the notion that cultural distance has a homogenous impact on organizational actions and performance. We redress this by examining how the relationship between cultural differences and deal abandonment in cross-border acquisitions is contingent on firm-level cultural experience reserve and industry affiliation....
Paper Details
Title
Reconceptualizing cultural distance: The role of cultural experience reserve in cross-border acquisitions
Published Date
Apr 1, 2016
Journal
Volume
51
Issue
3
Pages
404 - 412
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