There has been recent surge of cross-border mergers and acquisitions (M&As) by emerging economies’ multinational enterprises (EMNEs), however no conceptual model exists that can be utilized in global context to understand the success of these cross-border activities. In this article, a conceptual model is developed which suggests that distributed leadership increases the chance of the EMNEs’ cross-border M&A success through the mediating role of socialization integration mechanisms. In addition, we identify the degree of autonomy given to the acquired firm as a potential moderator of the relationship between distributed leadership and the success of cross-border M&As of EMNEs. Irrespective of the country of origin, this model has the potential to be utilized in creating strategies for developed and emerging economies’ MNEs’ cross-border M&As’ success.
- Cross-border M&As
- degree of autonomy
- distributed leadership
- socialization integration mechanisms
Khan, Z., Rao-Nicholson, R., Akhtar, P., & He, S. (2017). Cross-border mergers and acquisitions of emerging economies' multinational enterprises - the mediating role of socialization integration mechanisms for successful integration. Human Resource Management Review. https://doi.org/10.1016/j.hrmr.2016.12.003