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Export Reference (APA)
Moreira da Silva, F., Pereira, R. & Ogasavara, M. H. (2024). Assessing the effects of institutions on the ownership structure of MNCs investments in global cities. International Business Review . 33 (2)
Export Reference (IEEE)
F. M. Silva et al.,  "Assessing the effects of institutions on the ownership structure of MNCs investments in global cities", in Int. Business Review , vol. 33, no. 2, 2024
Export BibTeX
@article{silva2024_1716102911261,
	author = "Moreira da Silva, F. and Pereira, R. and Ogasavara, M. H.",
	title = "Assessing the effects of institutions on the ownership structure of MNCs investments in global cities",
	journal = "International Business Review ",
	year = "2024",
	volume = "33",
	number = "2",
	doi = "10.1016/j.ibusrev.2023.102232",
	url = "https://www.sciencedirect.com/science/article/pii/S0969593123001324?via%3Dihub"
}
Export RIS
TY  - JOUR
TI  - Assessing the effects of institutions on the ownership structure of MNCs investments in global cities
T2  - International Business Review 
VL  - 33
IS  - 2
AU  - Moreira da Silva, F.
AU  - Pereira, R.
AU  - Ogasavara, M. H.
PY  - 2024
SN  - 0969-5931
DO  - 10.1016/j.ibusrev.2023.102232
UR  - https://www.sciencedirect.com/science/article/pii/S0969593123001324?via%3Dihub
AB  - This study analyzes the relationship between institutions and ownership in cross-border acquisitions. First, this research contributes to the existing literature by considering the relative position of cities of origin and destination in this relationship and examining the asymmetric effects of institutional distance. Furthermore, we contribute by taking the concept of global cities and analyzing the influence of these locations on ownership decisions in cross-border acquisitions. Using a database with multiple home and host-cities and adopting a binary logistic analysis, the results indicate that MNCs hold a higher stake in the equity of an acquiree located in a developed country, and their commitment of resources to acquisitions in global cities is higher than it is in other cities. These findings suggest that analyzing distance direction is essential, and brings new insights when examined at the subnational level.
ER  -