Uncovering the Neglected Success Factors in the Post-Acquisition Reverse Capability Transfer |
Received:October 15, 2017 Revised:October 15, 2017 |
Key Words: Mergers and acquisitions · Post-acquisition integration · Reverse knowledge transfer · EMNC · Case study · China |
Author Name | Affiliation | QI AI* | University of Northampton | Hui Tan | Royal Holloway University of London |
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Abstract: |
Drawing from the empirical evidence from four Chinese firms’ outward mergers and acquisitions (M&A) to European countries, this paper examines previously neglected key success factors in the management of the post-acquisition integration process. We identified three new factors: home country advantage, motivation-oriented complementary resources, and acquirers’ attractiveness, and enriched Haspeslagh and Jemison’s (1991) process perspective by arguing that post-acquisition integration is affected by not only the process factors that occur during the post-acquisition phase, but also the pre-acquisition status factors. This paper contributes to the study on multinational corporations (MNCs) from emerging economies and the international M&A literature. |
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