Over the last decade, the Latin American Cross-Border M&A activity experienced a significant increase in terms of volume, value, and complexity. Between 2002 and 2011, 1483 M&A announcements involving Latin American bidders were found in this study. From this sample 344 were targeting companies...

This paper studies if 'cultural distance' between two firms determines the entry mode of a foreign organization. We study two different modes of entering a market: cooperative agreements and acquisitions. We analyze a database that gathers 1,292 cooperative ventures and acquisitions in ten Latin...

Ignoring culture can lead to bad policy, and culturally-based analyses substantially enhance the understanding of economic behavior. However, culture is a collective phenomenon which is so broad that it is hard to design testable hypotheses for research. The primary achievement of Hofstede, a...

Global copyright and trademark laws protect symbols, names, and literary and artistic works. However, when their primary significance is cultural, because they are neither individual original works nor symbols that are used as commercial identifiers, intellectual property laws do not protect...

Employees' cultural values and characteristics have significant impact on work values and outcomes. Due to the strong economic ties between China and Ghana, several Chinese companies establish their branches in Ghana, and employ Ghanaians to work with them. However, the role of cultural values...