We study the impact of deal announcement and entry-timing within a cross-border acquisition (CBA) wave on the likelihood of acquisition completion. Drawing upon the frictional lens perspective, we identify two types of frictional forces- wave-friction and partner-friction within merger waves. We...

According to the springboard perspective, emerging market multinationals (EMNE) seek strategic assets aggressively from the outset. In this paper, we investigate the role of firms' institutional embeddedness in terms of age and affiliation to business group on their aggressive...