The micro-foundations of strategic ambidexterity: Chinese cross-border M&As, Mid-View thinking and integration management

被引:51
|
作者
Zhang, Xiaotao [1 ]
Liu, Yipeng [2 ]
Tarba, Shlomo Y. [3 ]
Del Giudice, Manlio [4 ,5 ]
机构
[1] Cent Univ Finance & Econ, Sch Int Trade & Econ, Beijing 100044, Peoples R China
[2] Univ Reading, Henley Business Sch, Reading RG6 6UD, Berks, England
[3] Univ Birmingham, Birmingham Business Sch, Birmingham B15 2TT, W Midlands, England
[4] Univ Rome, Dept Management, Paris Sch Business, Link Campus, Paris, France
[5] Natl Res Univ Higher Sch Econ, Moscow, Russia
关键词
Cross-border mergers and acquisitions; communication; organizational; control; post-; acquisition; integration; strategic ambidexterity; Mid-View thinking; micro-foundation; ORGANIZATIONAL AMBIDEXTERITY; COLLABORATIVE PARTNERSHIPS; TRUST DYNAMICS; ACQUISITIONS; MERGERS; PERFORMANCE; COMMUNICATION; PERSPECTIVES; CAPABILITY; CHALLENGES;
D O I
10.1016/j.ibusrev.2020.101710
中图分类号
F [经济];
学科分类号
02 ;
摘要
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.
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页数:11
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