This paper analyzes data on the largest mergers and acquisition (M&A) announcements in the 1990s and the contextual factors that determine their completion or withdrawal. Drawing on institutional theory, we argue that the completion of an M&A is more likely to the extent that the institutional...

International business research has long acknowledged the importance of regional factors for foreign direct investment ("FDI") by multinational corporations ("MNCs"). However, significant differences when defining these regions obscure the analysis about how and why regions matter. In response,...

Corruption poisons corporations in America and around the world and has devastating consequences for the entire social fabric. In this paper, we review the main studies on corruption in different "societies of organizations," and suggest that further research needs to be done on the genesis of...

This study directly tests how, to what extent, and in what ways different institutional levels influence organizational action. It responds to the call for multi-level research in institutional theory, as prior research has mostly focused on studying one level of analysis. We examine how...

This paper analyzes corporate governance systems in five Latin American countries: Argentina, Brazil, Chile, Colombia and Venezuela. We account for the broader institutional environment by explaining changes over time as well as existing corporate governance systems. We use a stakeholder...

Intercorporate relations represent the structure of a country's economic organization and influence key outcomes such as a country's overall competitiveness. Research on this topic has focused on the nature of these relations in terms of directorship interlocks, the incentives to establish them,...

In this paper, we analyze data on the world's largest merger and acquisition (M&A) announcements in the 1990s to explore the relational factors that determine their completion or withdrawal. Existing research on this little understood phenomenon in the M&A process typically focuses on the...

There is a consensus within the Merger and Acquisition (M&A) literature that acquisitions fail during the integration phase, in large part due to neglect of social factors such as differences in rules, norms, and values across organizations. Thus, a crucial part of successful integration is...

In this paper, we seek to examine the foreign location choices of the international joint ventures (IJVs) engaged by American Companies. In particular we look at the international joint ventures established by the top 100 US MNCs in two points in time, 1986 and 2000. More specifically, we ask...