EQUITY PARTICIPATION LEVEL OF MULTINATIONAL ENTERPRISES IN CROSS-BORDER MERGER AND ACQUISITIONS: A STUDY IN TURKEY CONTEXT

dc.contributor.authorDülek, Ömer
dc.contributor.authorKayacı, Ayşe Çoban
dc.contributor.authorAtaay, Aylin
dc.date.accessioned2024-04-24T19:13:07Z
dc.date.available2024-04-24T19:13:07Z
dc.date.issued2021
dc.departmentDicle Üniversitesien_US
dc.description.abstractThis study tries to examine how industry and institutional environment differences in cross-border merger and acquisitions affect equity participation level of multinational enterprises in an emerging market. We have based our research model and hypotheses on transaction cost based and institution-based view. Since industry and institutional environment differences cause risk and uncertainty to MNEs which lead higher transaction costs for these firms, these two theoretical approaches would be still relevant to understand MNEs' strategic behavior in emerging market contexts. Our findings support the positive influence of industry relatedness on ownership participation but we cannot find support for the moderating influence of both formal and informal institutions on the relationship between industry relatedness and equity participation level. Consequently, our study has shown that transaction cost-based view is still relevant for MNEs' foreign investment decisions in emerging markets and despite institutional voids perspective, formal and informal institutions could not hinder MNEs to take risk in strategic choices.en_US
dc.identifier.doi10.54452/jrb.984225
dc.identifier.endpage400en_US
dc.identifier.issn2630-6255
dc.identifier.issue2en_US
dc.identifier.startpage381en_US
dc.identifier.trdizinid498971
dc.identifier.urihttps://doi.org/10.54452/jrb.984225
dc.identifier.urihttps://search.trdizin.gov.tr/yayin/detay/498971
dc.identifier.urihttps://hdl.handle.net/11468/28382
dc.identifier.volume6en_US
dc.indekslendigikaynakTR-Dizin
dc.language.isoenen_US
dc.relation.ispartofJournal of research in business (online)
dc.relation.publicationcategoryMakale - Ulusal Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.titleEQUITY PARTICIPATION LEVEL OF MULTINATIONAL ENTERPRISES IN CROSS-BORDER MERGER AND ACQUISITIONS: A STUDY IN TURKEY CONTEXTen_US
dc.titleEQUITY PARTICIPATION LEVEL OF MULTINATIONAL ENTERPRISES IN CROSS-BORDER MERGER AND ACQUISITIONS: A STUDY IN TURKEY CONTEXT
dc.typeArticleen_US

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