Dikova, Desislava; Arslan, Ahmad; Larimo, Jorma - In: Distance in international business : concept, cost and value, (pp. 297-337). 2017
We investigate the effect of distance – political, economic, cultural and spatial, on developed-economy multinational enterprises’ (MNEs’) ownership decisions in cross-border (CB) acquisitions. We start with the premise that distance discourages full and majority ownership in CB...