TITLE:
Study of Chinese Enterprises’ Overseas M & A: Based on National and Corporate Cultural Distance
AUTHORS:
Bo Xu, Xi Jiang
KEYWORDS:
Overseas M & A, National Cultural Distance, Corporate Cultural Distance
JOURNAL NAME:
Open Journal of Social Sciences,
Vol.2 No.9,
August
26,
2014
ABSTRACT:
Chinese enterprises’ overseas
M & A reached $43.4 billion in 2012, and the number was 26.3 times that of
2003. With Chinese enterprises’ increased overseas M & A cases, Chinese are
facing the challenges from culture. This paper studies national cultural
distance and enterprise culture distance, and measure relevant distance for 16
Chinese M & A cases.