Abstract
Chinese cross-border mergers and acquisitions (M&As) display several unique properties in relation to the ways in which their international business operations are organised and managed. Their seemingly puzzling ‘light-touch’ integration approach can be significantly understood from a strategic ambidexterity perspective: on the one hand, the ‘light-touch’ enables the exploitation of the targets’ existing knowledge bases; on the other hand, elements of the ‘light-touch’ facilitate the exploration of the new knowledge arising from the collaboration between targets and acquirers. However, an important theoretical gap remains: why do Chinese companies deploy such a strategic ambidexterity approach in their post-acquisition integrations? This paper aims to fill this gap by proposing Mid-View thinking as a micro-foundation of strategic ambidexterity in integration management from a cultural and philosophical perspective. To illuminate our conceptualization and argument, we conducted qualitative in-depth interviews with CEOs/high-level managers of acquired German companies. Communication approach and organizational control—as two critical aspects in integration management—reveal how Mid-View thinking can serve as a micro-foundation of strategic ambidexterity. We conclude this paper by presenting its theoretical contributions, managerial implications, and future research directions.
Original language | English |
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Article number | 101710 |
Number of pages | 11 |
Journal | International Business Review |
Volume | 29 |
Issue number | 6 |
Early online date | 23 Jul 2020 |
DOIs | |
Publication status | Published - Dec 2020 |
Keywords
- acquisition
- communication
- control
- Cross-border mergers and acquisitions
- integration
- micro-foundation
- Mid-View thinking
- organizational
- post-
- strategic ambidexterity
ASJC Scopus subject areas
- Business and International Management
- Finance
- Marketing