Utilize este identificador para referenciar este registo:
http://hdl.handle.net/10071/30198
Autoria: | Moreira da Silva, F. Pereira, R. Ogasavara, M. H. |
Data: | 2024 |
Título próprio: | Assessing the effects of institutions on the ownership structure of MNCs investments in global cities |
Título da revista: | International Business Review |
Volume: | 33 |
Número: | 2 |
Referência bibliográfica: | Moreira da Silva, F., Pereira, R., & Ogasavara, M. H. (2024). Assessing the effects of institutions on the ownership structure of MNCs investments in global cities. International Business Review, 33(2), Article 102232. https://doi.org/10.1016/j.ibusrev.2023.102232 |
ISSN: | 0969-5931 |
DOI (Digital Object Identifier): | 10.1016/j.ibusrev.2023.102232 |
Palavras-chave: | Subnational level of analysis Institutions Ownership Cross border acquisition Global cities |
Resumo: | This study analyzes the relationship between institutions and ownership in cross-border acquisitions. First, this research contributes to the existing literature by considering the relative position of cities of origin and destination in this relationship and examining the asymmetric effects of institutional distance. Furthermore, we contribute by taking the concept of global cities and analyzing the influence of these locations on ownership decisions in cross-border acquisitions. Using a database with multiple home and host-cities and adopting a binary logistic analysis, the results indicate that MNCs hold a higher stake in the equity of an acquiree located in a developed country, and their commitment of resources to acquisitions in global cities is higher than it is in other cities. These findings suggest that analyzing distance direction is essential, and brings new insights when examined at the subnational level. |
Arbitragem científica: | yes |
Acesso: | Acesso Aberto |
Aparece nas coleções: | BRU-RI - Artigos em revistas científicas internacionais com arbitragem científica |
Ficheiros deste registo:
Ficheiro | Tamanho | Formato | |
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article_100004.pdf | 979,21 kB | Adobe PDF | Ver/Abrir |
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