Chinese enterprises’ overseas
M & A reached $43.4 billion in 2012, and the number was 26.3 times that of
2003. With Chinese enterprises’ increased overseas M & A cases, Chinese are
facing the challenges from culture. This paper studies national cultural
distance and enterprise culture distance, and measure relevant distance for 16
Chinese M & A cases.
Lee, D.-J. (1998) The Effect of Cultural Distance on the Relational Exchange Between Exporters and Importers: The Case of Australian Exporters. Journal of Global Marketing, 11, 36-41. http://dx.doi.org/10.1300/J042v11n04_02
Tihanyi, L. and Griffith, D.A. (2005) The Effect of Cultural Distance on Entry Mode Choice, International Diversification, and MNE Performance: A Meta-Analysis. Journal of International Business Studies, 36, 270-283.