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This paper discussed the control strategy after cross-border acquisition of Chinese enterprises from the perspective of institutional theory. Isomorphic behavior of organization driven by external legitimacy influence the control strategy after cross-border acquisition of Chinese enterprises; while path dependent behavior driven by internal legitimacy influence the control strategy after cross-border acquisition of Chinese enterprises; institutional distance under the action of legitimacy has a moderating effect on the relationship between control strategy and acquisition performance. On this basis,this paper proposes the model of relationship between control strategy and performance after cross border acquisition of Chinese enterprises.

Post-Acquisition Control in Cross-Border Acquisition of Chinese Enterprises Base on the Institutional Theory