Experience and Cross‐Border Acquisitions: An Organizational Learning Perspective
Abstract
Building on organizational learning theory, and notably on the notion of strategic momentum, we examine the antecedents of cross-border acquisitions, with a specific focus on the effect of experience. In particular, we unbundle firm experience into domestic and cross-border acquisition experience. Using data on 763 acquisitions in the period 2007–2013, our results show the existence of a U-shaped relationship between domestic acquisition...
Paper Details
Title
Experience and Cross‐Border Acquisitions: An Organizational Learning Perspective
Published Date
Oct 20, 2016
Journal
Volume
14
Issue
2
Pages
119 - 131
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