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Extant Reviews on Entry-mode/Internationalization, Mergers & Acquisitions, and Diversification: Understanding Theories and Establishing Interdisciplinary Research

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  • Reddy, Kotapati Srinivasa

This paper aims at accomplishing three objectives while drawing attention to the speed of adapting international management practices in emerging markets. Firstly, we summarize 67 extant review studies on entry-mode/internationalization, mergers and acquisitions (M&A) and diversification. Secondly, a synopsis of 17 theories propounded in different disciplines refer to business organization and management is being presented, namely theory of foreign direct investment, market imperfections theory, theory of transaction cost economics, internalization theory, eclectic paradigm, Uppsala theory of internationalization, long-purse theory, resource-based-view theory, resource dependence theory, theory of competitive advantage, organizational learning theory and learning-by-doing, bargaining power theory, information asymmetry theory, agency theory, institutional theory, liability of foreignness, and market efficiency theory. Lastly, we propose a two-band model both for establishing interdisciplinary research and for promoting more theory building research in global strategic management. Further, we also recommend a few research arguments for potential explorations in entry-mode, M&A and diversification.

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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 63744.

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Date of creation: 2015
Date of revision: 2015
Handle: RePEc:pra:mprapa:63744
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