- wholly owned subsidiary or equity participation - exercised by firms involved in cross-border mergers and acquisitions (M … to have a strong influence on management decisions during acquisitions, it has been overlooked in the academic literature …, and research on this topic is in its infancy. As a matter of fact, the increasing trend toward international acquisitions …

maintain a local partner. MNEs normally execute partial acquisitions to reduce their liability of foreignness and to preserve …. Empirical evidence from foreign acquisitions of local manufacturing firms that occurred in Italy during the 2001-2010 period …