TY - JOUR
T1 - Post-acquisition integration behavior of nascent African multinational enterprises
AU - Ibeh, Kevin
AU - Makhmadshoev, Dilshod
PY - 2018/4/7
Y1 - 2018/4/7
N2 - This paper explores nascent African MNEs’ approach to integrating intra-regional acquisitions, including the theoretical link between such decisions and the acquirer’s resource position. It contributes by offering rare evidence of these firms’ preference for control-availing absorption-type integration approach and of how their resource profile, acquisition motives and target’s institutional environment affect this preference. The paper counsels newer MNEs to focus on developing mission-critical capabilities ahead of international acquisitions. Amidst concerns about the value-creating credentials of EMNEs’ up-market acquisitions, including their typical hands-off partnering approach, and the uncertain global economic order, our paper proffers absorption-type integration approach and Rugmanian intra-regional acquisitions, respectively, as a credible alternative and probable safer harbour for newer MNEs. A propositional checklist is additionally presented for future research.
AB - This paper explores nascent African MNEs’ approach to integrating intra-regional acquisitions, including the theoretical link between such decisions and the acquirer’s resource position. It contributes by offering rare evidence of these firms’ preference for control-availing absorption-type integration approach and of how their resource profile, acquisition motives and target’s institutional environment affect this preference. The paper counsels newer MNEs to focus on developing mission-critical capabilities ahead of international acquisitions. Amidst concerns about the value-creating credentials of EMNEs’ up-market acquisitions, including their typical hands-off partnering approach, and the uncertain global economic order, our paper proffers absorption-type integration approach and Rugmanian intra-regional acquisitions, respectively, as a credible alternative and probable safer harbour for newer MNEs. A propositional checklist is additionally presented for future research.
KW - post-acquisition integration
KW - resource position
KW - African MNEs
KW - EMNEs
KW - intra-regional
KW - up-market
UR - https://www.sciencedirect.com/science/article/pii/S0148296318301607
U2 - 10.1016/j.jbusres.2018.03.032
DO - 10.1016/j.jbusres.2018.03.032
M3 - Article
JO - Journal of Business Research
JF - Journal of Business Research
SN - 0148-2963
ER -