000102065 001__ 102065
000102065 005__ 20210902121613.0
000102065 0247_ $$2doi$$a10.1016/j.jwb.2019.101046
000102065 0248_ $$2sideral$$a115735
000102065 037__ $$aART-2020-115735
000102065 041__ $$aeng
000102065 100__ $$0(orcid)0000-0002-9002-6727$$aFuentelsaz, Lucio$$uUniversidad de Zaragoza
000102065 245__ $$aOwnership in cross-border acquisitions and entry timing of the target firm
000102065 260__ $$c2020
000102065 5060_ $$aAccess copy available to the general public$$fUnrestricted
000102065 5203_ $$aWe examine how the entry timing of targets influences the initial and the post-entry percentage of ownership acquired by multinationals. We argue that targets that have entered earlier into the market launch signals of lower uncertainty in contexts where first-mover advantages exist. As a consequence, multinationals are willing to buy higher levels of ownership in these early entrant targets and to increase their participation in the subsidiary equity in the post-entry stage. Finding support for these relationships, we study how market age and innovative behaviour of the target reduce the importance of leading time as determinant of the ownership decision.
000102065 536__ $$9info:eu-repo/grantAgreement/ES/DGA-FSE/S54-17R$$9info:eu-repo/grantAgreement/ES/MINECO-FEDER/ECO2017-85451-R$$9info:eu-repo/grantAgreement/ES/UZ/JIUZ-2017-SOC-08
000102065 540__ $$9info:eu-repo/semantics/openAccess$$aby-nc-nd$$uhttp://creativecommons.org/licenses/by-nc-nd/3.0/es/
000102065 590__ $$a8.513$$b2020
000102065 591__ $$aBUSINESS$$b23 / 153 = 0.15$$c2020$$dQ1$$eT1
000102065 592__ $$a3.607$$b2020
000102065 593__ $$aBusiness and International Management$$c2020$$dQ1
000102065 593__ $$aMarketing$$c2020$$dQ1
000102065 593__ $$aFinance$$c2020$$dQ1
000102065 655_4 $$ainfo:eu-repo/semantics/article$$vinfo:eu-repo/semantics/acceptedVersion
000102065 700__ $$0(orcid)0000-0002-5071-0858$$aGarrido, Elisabet$$uUniversidad de Zaragoza
000102065 700__ $$0(orcid)0000-0002-2143-2764$$aGonzález, Minerva$$uUniversidad de Zaragoza
000102065 7102_ $$14012$$2650$$aUniversidad de Zaragoza$$bDpto. Direcc.Organiza.Empresas$$cÁrea Organización de Empresas
000102065 773__ $$g55, 2 (2020), 101046 1-18$$tJOURNAL OF WORLD BUSINESS$$x1090-9516
000102065 8564_ $$s422076$$uhttps://zaguan.unizar.es/record/102065/files/texto_completo.pdf$$yPostprint
000102065 8564_ $$s1496774$$uhttps://zaguan.unizar.es/record/102065/files/texto_completo.jpg?subformat=icon$$xicon$$yPostprint
000102065 909CO $$ooai:zaguan.unizar.es:102065$$particulos$$pdriver
000102065 951__ $$a2021-09-02-08:42:13
000102065 980__ $$aARTICLE