Ownership level in cross-border M&As of Turkish MNCs: The Role of ownership concentration and institutional contexts

Basit Öğe Kaydı
dc.authorid0000-0001-5242-7805en_US
dc.contributor.authorKayacı, Ayşe
dc.contributor.authorAtaay, Aylin
dc.date.accessioned2022-12-22T08:05:17Z
dc.date.available2022-12-22T08:05:17Z
dc.date.issued2021en_US
dc.departmentDicle Üniversitesi, İktisadi ve İdari Bilimler Fakültesi, İşletme Bölümüen_US
dc.description.abstractThis study investigates how ownership concentration effects the ownership level and institutional environment moderates this relationship in Cross-border Merger & Acquisitions of a sample of Turkish Multinational Corporations. Proposed relationships based on institutional theory and socio-emotional wealth approach have been analyzed in a sample of 71 completed Cross-border Merger & Acquisition deals of Turkish firms between 1998-2017. Tobit regression model has been operationalized to test research hypotheses. While the findings have provided support for the positive relationship between concentrated ownership of acquiring firm and ownership level of target firm in Cross-border Merger & Acquisitions, the contextual effects of formal and informal institutions could not provide evidence for moderating impacts. These findings have implied the importance of using different theoretical approaches for distinct Emerging Market contexts like Turkey and how governance issues should be considered differently for Emerging Market firms to understand their Foreign Direct Investment desisions properly.en_US
dc.identifier.citationKayacı, A. ve Ataay, A. (2021). Ownership level in cross-border M&As of Turkish MNCs: The Role of ownership concentration and institutional contexts. Ege Academic Review/Ege Akademik Bakış, 21(4), 319-331.en_US
dc.identifier.doi10.21121/eab.1018108
dc.identifier.endpage331en_US
dc.identifier.issn1303-099X
dc.identifier.issue4en_US
dc.identifier.startpage319en_US
dc.identifier.trdizinid1070472
dc.identifier.urihttps://hdl.handle.net/11468/11107
dc.identifier.volume21en_US
dc.identifier.wosWOS:000720333200002
dc.identifier.wosqualityN/A
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakTR-Dizin
dc.institutionauthorKayacı, Ayşe
dc.language.isoenen_US
dc.publisherEge Universityen_US
dc.relation.ispartofEge Academic Review/Ege Akademik Bakış
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectCross-border merger and acquisitionsen_US
dc.subjectEmerging multinationalsen_US
dc.subjectOwnership concentrationen_US
dc.subjectOwnership levelen_US
dc.subjectTurkeyen_US
dc.titleOwnership level in cross-border M&As of Turkish MNCs: The Role of ownership concentration and institutional contextsen_US
dc.titleOwnership level in cross-border M&As of Turkish MNCs: The Role of ownership concentration and institutional contexts
dc.typeArticleen_US

Dosyalar

Orijinal paket
Listeleniyor 1 - 1 / 1
[ X ]
İsim:
Ownership Level in Cross-border M&As of Turkish.pdf
Boyut:
304.06 KB
Biçim:
Adobe Portable Document Format
Açıklama:
Makale Dosyası
İndir
Lisans paketi
Listeleniyor 1 - 1 / 1
[ X ]
İsim:
license.txt
Boyut:
1.44 KB
Biçim:
Item-specific license agreed upon to submission
Açıklama:
İndir

Koleksiyon

İşletme Bölümü Koleksiyonu
TR-Dizin İndeksli Yayınlar Koleksiyonu
WoS İndeksli Yayınlar Koleksiyonu