{"product_id":"international-market-and-host-country-experience-in-m-a-the-moderating-role-of-acquisition-experience-on-institutional-differences-m-a-performance-relationship-von-magdalena-topolska","title":"International, Market, and Host Country Experience in M\u0026A","description":"\u003cp\u003eCross-national distance in international M\u0026amp;A activities has received much attention in existing research. However, empirical evidences for influence of cultural and institutional differences on M\u0026amp;A performance are inconclusive. This study contributes to the literature by examining whether international, market, and host country acquisition experience moderates the relationship between institutional differences and M\u0026amp;A performance. A theoretical framework is tested empirically on the sample of 118 transactions pursued by Austrian-based companies. The findings suggest that institutional differences can both serve as threats and opportunities for post-merger success. Furthermore, I find a clear inverted U-shaped pattern for acquisition experience. It indicates that organizational learning is related to the development of routines and knowledge codification.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783639884678\"\u003e\u003ch3\u003eThe Moderating Role of Acquisition Experience on Institutional Differences - M\u0026amp;A Performance Relationship\u003c\/h3\u003e\u003c\/div\u003e","brand":"Libri","offers":[{"title":"Softcover - 9783639884678","offer_id":39429550669917,"sku":"9783639884678","price":54.9,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/76bb8bcb-eaa2-4b2b-be0f-34ecaf636a8b.jpg?v=1776054623","url":"https:\/\/shop.autorenwelt.de\/products\/international-market-and-host-country-experience-in-m-a-the-moderating-role-of-acquisition-experience-on-institutional-differences-m-a-performance-relationship-von-magdalena-topolska","provider":"Autorenwelt Shop","version":"1.0","type":"link"}