カシフ アハマド   Kashif Ahmed
  カシフ・アハマド
   所属   京都外国語大学  外国語学部 英米語学科
   職種   講師
発表年月日 2023/02/11
発表テーマ Cross-border Business Mergers and Acquisitions
会議名 PSA-J Kansai Talk Series
主催者 PSA-J
学会区分 全国学会
発表形式 口頭(招待・特別)
単独共同区分 単独
招待講演 招待講演
国名 日本
発表者・共同発表者 Ahmed, K.
概要 This presentation examines what drives Japanese firms to choose partial or full cross-border acquisitions, drawing on four studies. The first study shows that large Japanese firms prefer full acquisitions, while small firms prefer partial ones. Among small firms, those with consistent strategies are more likely to choose full acquisitions than those with flexible strategies. The second study, using the Miles and Snow typology, finds that prospectors and analyzers favor full acquisitions more than defenders. The third study compares emerging-market and developed-market multinationals acquiring Japanese targets: EMMs prefer partial acquisitions more than DMMs, especially when the acquirer is small. The fourth study tests how disaggregated formal institutional distance (FID), based on six Worldwide Governance Indicator dimensions, shapes acquisition mode. Only three FID dimensions significantly influence the choice between partial and full acquisitions.