A comparative ownership advantage framework for cross-border M&As: The rise of Chinese and Indian MNEs
MNEs from emerging economies (EE MNEs) have recently undertaken aggressive cross-border mergers and acquisitions (M&As). This phenomenon challenges the current understanding in the international business literature. Integrating the comparative advantage theory with Dunning's OLI paradigm, t...
| Main Authors: | , , , |
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| Format: | Journal Article |
| Published: |
Pergamon
2012
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| Online Access: | http://hdl.handle.net/20.500.11937/49948 |
| _version_ | 1848758357198897152 |
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| author | Sun, S. Peng, Mike Ren, B. Yan, D. |
| author_facet | Sun, S. Peng, Mike Ren, B. Yan, D. |
| author_sort | Sun, S. |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | MNEs from emerging economies (EE MNEs) have recently undertaken aggressive cross-border mergers and acquisitions (M&As). This phenomenon challenges the current understanding in the international business literature. Integrating the comparative advantage theory with Dunning's OLI paradigm, this article develops a comparative ownership advantage framework characterized by five attributes: (1) national-industrial factor endowments, (2) dynamic learning, (3) value creation, (4) reconfiguration of value chain, and (5) institutional facilitation and constraints. We test five propositions with a dataset of 1526 cross-border M&As by Chinese and Indian MNEs from 2000 to 2008. Preliminary results support the new comparative ownership advantage framework. |
| first_indexed | 2025-11-14T09:42:42Z |
| format | Journal Article |
| id | curtin-20.500.11937-49948 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T09:42:42Z |
| publishDate | 2012 |
| publisher | Pergamon |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-499482017-09-13T15:36:41Z A comparative ownership advantage framework for cross-border M&As: The rise of Chinese and Indian MNEs Sun, S. Peng, Mike Ren, B. Yan, D. MNEs from emerging economies (EE MNEs) have recently undertaken aggressive cross-border mergers and acquisitions (M&As). This phenomenon challenges the current understanding in the international business literature. Integrating the comparative advantage theory with Dunning's OLI paradigm, this article develops a comparative ownership advantage framework characterized by five attributes: (1) national-industrial factor endowments, (2) dynamic learning, (3) value creation, (4) reconfiguration of value chain, and (5) institutional facilitation and constraints. We test five propositions with a dataset of 1526 cross-border M&As by Chinese and Indian MNEs from 2000 to 2008. Preliminary results support the new comparative ownership advantage framework. 2012 Journal Article http://hdl.handle.net/20.500.11937/49948 10.1016/j.jwb.2010.10.015 Pergamon restricted |
| spellingShingle | Sun, S. Peng, Mike Ren, B. Yan, D. A comparative ownership advantage framework for cross-border M&As: The rise of Chinese and Indian MNEs |
| title | A comparative ownership advantage framework for cross-border M&As: The rise of Chinese and Indian MNEs |
| title_full | A comparative ownership advantage framework for cross-border M&As: The rise of Chinese and Indian MNEs |
| title_fullStr | A comparative ownership advantage framework for cross-border M&As: The rise of Chinese and Indian MNEs |
| title_full_unstemmed | A comparative ownership advantage framework for cross-border M&As: The rise of Chinese and Indian MNEs |
| title_short | A comparative ownership advantage framework for cross-border M&As: The rise of Chinese and Indian MNEs |
| title_sort | comparative ownership advantage framework for cross-border m&as: the rise of chinese and indian mnes |
| url | http://hdl.handle.net/20.500.11937/49948 |