Do Institutional Distances Influence South-South Cross-Border Acquisitions?

Authors

DOI:

https://doi.org/10.18568/internext.v14i3.470

Keywords:

International Business, International Strategy, Acquisition, Institutional Environment, Institutional Distance

Abstract

Different countries have different institutional environments. In this way, multinational companies must deal with the difficulties imposed by the differences between their home environment and that of the country where they are inserted. In this article, we analyze the effects of institutional distance on South-South acquisitions. Specifically, we analyze the effect of institutional distance on the amount of participation chosen in Latin American international acquisitions in Brazil. More specifically, the effect of institutional distance is analyzed through the percentage of shares acquired in international acquisitions. Our results contribute to the theory in international business because it explains why Latin American companies prefer to make total acquisitions even in situations of high institutional distances.

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Author Biographies

Stephanie Tonn Goulart Moura, Universidade Regional de Blumenau - FURB Programa de Pós-graduação em Administração

Mestranda em Administração, pela Universidade Regional de Blumenau - FURB, Santa Catarina, (Brasil). Especialista em Gestão de Recursos Humanos, pelo Centro Universitário Internacional. 

Juliano Krug, Universidade Regional de Blumenau - FURB Programa de Pós-graduação em Administração

Mestrando em Administração, pela Universidade Regional de Blumenau - FURB, Santa Catarina, (Brasil). 

Christian Falaster, Universidade Regional de Blumenau - FURB Programa de Pós-graduação em Administração

Doutor em Administração pela Universidade Nove de Julho - UNINOVE, São Paulo, (Brasil). Professor da Universidade Regional de Blumenau - FURB, Santa Catarina, (Brasil). 

 

Iara Regina dos Santos Parisotto, Universidade Regional de Blumenau - FURB Programa de Pós-graduação em Administração e do Programa de Pós-graduação em Ciências Contábeis

Doutora em Administração pela Universidade Nove de Julho - UNINOVE, São Paulo, (Brasil). Professora da Universidade Regional de Blumenau - FURB, Santa Catarina, (Brasil). 

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Published

2019-06-26

How to Cite

Moura, S. T. G., Krug, J., Falaster, C., & Parisotto, I. R. dos S. (2019). Do Institutional Distances Influence South-South Cross-Border Acquisitions?. Internext - International Business and Management Review, 14(3), 190–203. https://doi.org/10.18568/internext.v14i3.470

Issue

Vol. 14 No. 3 (2019): Setembro - Dezembro

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Article

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