Many foreign firms tend to follow the market-seeking mandate in China. This orientation alone does not guarantee superior performance. From the perspectives of strategic fit and institutional theory, this research seeks to reveal several conditions under which market-seeking MNEs can achieve...

Extending institutional theory, we incorporate a neglected but important construct of institution, economic nationalism, into a model that specifies its influences on cross-border acquisition success. Using a data set containing 7,275 announced cross-border acquisition deals in China during...