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Purpose: The purpose of this paper is to examine the trends, patterns and the impact of cultural and home country macroeconomic influences on Chinese cross border mergers and acquisitions (CBM as foreign entry strategy for the period of 1998 2011.Design/methodology/approach: Using three regression models, namely, ordinary least squares, the random effects and fixed effects to examine the impact of home country macroeconomic and cultural factors on CBM outflows as an entry mode of Chinese firms.Findings: The findings suggest that CBM as a preferred mode of market entry provides a means for obtaining strategic resources to develop competitive advantages for the Chinese emerging market firms. The regression results indicate that home country macroeconomic and cultural variables, including gross domestic product (GDP), liquidity, interest rates, inflation, acquisitions in resource seeking sectors and cultural distance play an important role in explaining the trends of CBM outflows by the Chinese firms.Research limitations/implications: The results imply that government support to emerging market multinational enterprises (EMEs) to acquire strategic assets and economic policies in the home country play an important role in shaping international expansion behaviour of EMEs through CBM The study demonstrates that outward investments of EMEs are partly a function of the level of economic policies and government support at home. The limitation is that most of the Chinese CBM transactions took place in Asia/Pacific locations.
Findings The OL perspective provides new insights to conceptualize the nature of PI as a multi level practice in SMEs. Effective PI practices within SMEs are shown to be consistent with OL concepts, enabling firms to translate individually identified improvement opportunities into organisational level changes resulting in sustained benefits. A new conceptual model is presented that explains how SMEs can learn though improvement activities.
While we should be careful to attribute every shift and shake to something that happened on Instagram, what the platform has done is allow women of any age, any size, any look to create their own highly tuned and receptive audiences. Most interestingly, when the audience is put in control, the scope for who can be seen as a model widens. Some of the most popular so called “street style stars” on Instagram, are definitely not in the conventional “model” mode.