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4193国家间距离是跨国并购能否成功的重要影响因素，但现有研究结论尚存在较大分歧。针对这一现象，本文使用元分析的方法来检验并购双方所属国家间的距离（包括文化距离、制度距离、地理距离和经济距离）对跨国并购绩效（包括跨国并购宣告时市场反应、跨国并购完成与否和跨国并购长期绩效）的影响，并考虑了国家间距离的“方向性”和“时间性”。通过对44篇独立的实证文献进行元分析后，本文发现：（1）从整体效应来看，国家间距离对跨国并购绩效产生负向影响。（2）当并购方来自新兴市场时，国家间距离对跨国并购绩效的负向影响更为显著。（3）从时间上看，对2008年之前的跨国并购来说，国家间距离对跨国并购绩效的负向影响更加显著。基于元分析的结果，本文系统地分析了国家间距离对跨国并购绩效的影响，并且讨论了未来研究的方向。
距离产生美感还是隔阂？国家间距离与跨国并购绩效的元分析
摘要
参考文献
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引用本文
乔璐, 赵广庆, 吴剑峰. 距离产生美感还是隔阂？国家间距离与跨国并购绩效的元分析[J]. 外国经济与管理, 2020, 42(12): 119-133.
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