Header menu link for other important links
X
Board Interlocks and Cross-Border Mergers and Acquisitions: An Emerging Market Perspective
, Faisal Mohammad Ahsan, Sathyajit Gubbi
Published in Academy of Management
2018
Volume: 2018
   
Issue: 1
Abstract

In this article, we explore the role of firm’s network ties in form of board interlocks on its propensity to pursue cross-border mergers and acquisitions. Anchoring on dual lens of network theory and resource dependence theory, our empirical analysis in the Indian context during 2003-2013, finds support for our hypothesis that board interlocks have a positive impact on the number of cross-border mergers and acquisitions done by the focal firm. Findings also show that strengthening of institutional reforms has a substitutive effect on firm’s network ties. Additionally, we also distinguish the contextual effect of network ties on cross-border mergers and acquisitions. Our empirical findings suggest that the relationship between degree of board interlocks and cross-border acquisitions is moderated by the industry context.

About the journal
JournalAcademy of Management Proceedings
PublisherAcademy of Management
ISSN0065-0668
Open AccessNo