English (United Kingdom)

https://curated-unify.zendy.io/wp-json/zendy-region/v1/featured_content/oa?rat=en

https://curated-unify.zendy.io/wp-json/zendy-region/v1/highlighted_journal/

Global: Zendy Plus annual

Presents the access of premium content as premium feature

Premium Content

Presents the keyphrase highlighting as premium feature

Keyphrase Highlighting

Presents the summarisation as premium feature

Summarisation

Insights

Presents the pdf analysis as premium feature

PDF Analysis

Presents the zaia usage as premium feature

ZAIA

Global: Zendy Tools annual

Global: Zendy Free Plan

Global: Zendy Tools monthly

Global: Zendy Plus monthly

Cross border acquisition is an essential aspect in accessing different international markets. With the rise of Emerging Market Multinationals, cross border acquisition has been their primary vehicle in accessing to those different markets. Motivations and intentions of Emerging Market Multinationals differ from established Market Multinationals in the value of strategic and tacit assets acquired in a cross border acquisition. These assets are effectively transferred when the equity acquired in the host company is significant and is in an established developed economy. This paper examined the relationship of institutional distance based on an economic freedom index between the acquirer’s nation and host nation with the equity participated in the acquisition. Although the outcomes of the analysis are moderately significant, they show a positive relationship between institutional distance and equity participation.

Emerging Market Multinationals and the Effect of Institutional Distance on Equity Participated in Cross Border Acquisition