Cross-Border M&A: Challenges and Opportunities in Global Business Environment

摘要

Under a rapidly changing and globalizing environment, mergers and acquisitions (M&As) have become one of the most important strategic initiatives (Caiazza & Volpe, 2015a; Hitt, Harrison, & Ireland, 2001). In this context, cross-border M&As are increasingly popular (Hitt et al., 2009; Shimizu, Hitt, Vaidyanath, & Vincenzo, 2004). Cross-border M&As provide various opportunities and benefits such as expeditious entry into new markets by gaining local knowledge, supplier networks, government relationships, and customers embedded in the target firm (Caiazza & Volpe, 2015b; Hitt et al., 2009).