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Analysing Culture in a Cross-Border Acquisition: An Indian-Finnish Deal in Focus

In: Internationalization of Emerging Economies and Firms

Author

Listed:
  • Niina Nummela
  • Mélanie Raukko

Abstract

Worldwide, cross-border investments increased up until 2007. Since then, cross-border acquisitions have led the recovery of foreign direct investment (FDI) (World Investment Report, 2010). Accordingly, cross-border mergers and acquisitions (M&As1) increase their importance in international business transactions. Due to their international nature, cross-border acquisitions involve unique challenges, because of the various economic, institutional or regulatory, and cultural diversity structures (Hoecklin, 1995; Child et al., 2001; Very and Schweiger, 2001).

Suggested Citation

  • Niina Nummela & Mélanie Raukko, 2012. "Analysing Culture in a Cross-Border Acquisition: An Indian-Finnish Deal in Focus," Palgrave Macmillan Books, in: Marin Marinov & Svetla Marinova (ed.), Internationalization of Emerging Economies and Firms, chapter 9, pages 191-223, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-36366-3_9
    DOI: 10.1057/9780230363663_9
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    Cited by:

    1. Myznikava, Katsiaryna (Katherine) & Farinha, Jorge, 2023. "The impact of political freedoms on cross-border M&A abandonment likelihood," The Quarterly Review of Economics and Finance, Elsevier, vol. 91(C), pages 112-138.

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