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 |
|---|---|
| Article number | 101710 |
| Journal | International Business Review |
| Volume | 29 |
| Issue number | 6 |
| DOIs | |
| State | Published - 1 Dec 2020 |
| Externally published | Yes |
Keywords
- Cross-border mergers and acquisitions
- Mid-View thinking
- acquisition
- communication
- control
- integration
- micro-foundation
- organizational
- post-
- strategic ambidexterity
ASJC Scopus subject areas
- Business and International Management
- Finance
- Marketing