Bibliographic Details
| Title: |
Corruption Control, High-Tech Acquisitions, and the Role of Power Distance. |
| Authors: |
Hoang, Viet Anh, Thai, Hong An, Le, Phuong Uyen, Nguyen, Thanh Huong, Dang, Man |
| Source: |
SAGE Open; Jan-Mar2025, Vol. 15 Issue 1, p1-19, 19p |
| Subject Terms: |
TRANSACTION costs, TRANSACTION cost theory of the firm, POWER (Social sciences), TARGET acquisition, MANAGEMENT philosophy |
| Abstract: |
This study investigates how corruption control influences the choice between high-tech and non-high-tech acquisition targets, using international data from 2000 to 2019. Grounded in the institutional theory and transaction cost economics, we hypothesize that stronger corruption control reduces transaction risks, making high-tech acquisitions more attractive. Our findings confirm a positive relationship between corruption control and high-tech acquisitions, but document an inverted U-shaped effect, indicating that beyond a certain threshold, the regulatory burden may deter high-tech investments. Further, we find that cultural distance shapes acquisition outcomes, reinforcing the cross-cultural management theory that power distance moderates the positive relationship between corruption control and high-tech acquisitions. The study contributes to the literature by highlighting the importance of institutional quality in shaping sector-specific acquisition strategies and offers practical implications for managers and policymakers. [ABSTRACT FROM AUTHOR] |
|
Copyright of SAGE Open is the property of Sage Publications Inc. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) |
| Database: |
Complementary Index |
