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Article
Publication date: 30 January 2024

Eunsuk Hong, Jong-Kook Shin and Huan Zou

Extending the springboard perspective with the resource dependence theory, the authors posit that cross-border mergers and acquisitions (M&As) are a new channel for emerging…

Abstract

Purpose

Extending the springboard perspective with the resource dependence theory, the authors posit that cross-border mergers and acquisitions (M&As) are a new channel for emerging economy firms (EEFs) to enhance their technology capabilities. This study aims to examine the impact of cross-border M&As initiated by EEFs on their technology augmentation vis-à-vis matched domestic M&A cases and investigate the factors influencing the difference in post-merger innovation capability.

Design/methodology/approach

This paper estimates the post-acquisition innovation capability of acquirers from emerging economies (EEs) that engage in cross-border M&As. To remove possible selection bias, the authors leverage a difference-in-difference-style approach in combination with a matched sample constructed by pairing each cross-border M&A case with a similar domestic deal. The data set contains 266 cross-border M&As and 266 matched domestic M&A deals between 2003 and 2011, whereby acquirers are based in 6 EEs and targets are in 36 countries consisting of both EEs and advanced economies (AEs).

Findings

The present empirical results show that cross-border M&As engaged by EEFs are an important engine for improving EEFs’ innovation capability through technology augmentation. The main empirical results are as follows. First, compared with matched domestic acquirers with similar characteristics, EE cross-border M&As have a positive effect on innovation capability. Second, the positive effect of the EEFs’ cross-border M&As relative to the matched domestic M&As on innovation capability is driven largely by cross-border M&As with targets in AEs. Third, the increase in post-M&A innovation capability of the EE cross-border acquirers comes mainly from deals where targets are based in countries with relatively superior human capital and innovation capability than those of the acquirers.

Originality/value

To the best of the authors’ knowledge, this study is the first systematic study of whether cross-border M&As serve as an effective channel of technology augmentation for EE acquirers compared to matched domestic acquirers with similar characteristics.

Details

International Journal of Development Issues, vol. 23 no. 2
Type: Research Article
ISSN: 1446-8956

Keywords

Article
Publication date: 28 March 2008

Oriana Silva and Antónia Correia

The purpose of this study is to analyse facilitators and constraints of Portuguese south‐eastern residents face when making decisions for leisure travel participation.

1536

Abstract

Purpose

The purpose of this study is to analyse facilitators and constraints of Portuguese south‐eastern residents face when making decisions for leisure travel participation.

Design/methodology/approach

The inquiry anchors on a case study research, supported by a theoretical sampling and data triangulation. The main findings result from an interpretative and comparative analysis of 48 long interviews.

Findings

The research findings suggest that the main determinants of leisure traveling decisions of Portuguese south‐eastern residents are motivations, travel companion, time and money. The study finds 35 other factors, most of which classified as structural factors. It also suggests that the decision to take leisure travels derives from the tourist's causal historical wave, and that most of the factors which influence the decision are aggregate ones rather than individual.

Research limitations/implications

The study limitations derive from the geographical and sampling scope of analysis, restricted to 48 Portuguese south‐eastern interviewees; but, it raises some interesting ideas which, if applied to a more extensive sample, may contribute to give insights of the usefulness of the ecological systems theory to explain tourist consumer behavior.

Originality/value

The study is the first to explore the decision for travel leisure participation from an ecological perspective in Portugal.

Details

International Journal of Culture, Tourism and Hospitality Research, vol. 2 no. 1
Type: Research Article
ISSN: 1750-6182

Keywords

Article
Publication date: 14 April 2014

Andrew Oscar Coggins Jr

The paper aimed to explore the development of the North American and the European cruise industry. The paper is discursive and it covers philosophical discussions and comparative…

2460

Abstract

Purpose

The paper aimed to explore the development of the North American and the European cruise industry. The paper is discursive and it covers philosophical discussions and comparative studies of others ' work and thinking. The paper attempts to provide answers to the following questions. Is it a zero-sum game? And does the rise of new tourism destinations imply the decline of some of the existing destinations?

Design/methodology/approach

This paper employs literature and archival documents utilizing data from Berlitz Guides to Cruising 1992-2013, Cruise Industry News Annuals 1995-2013, and other sources were evaluated to draw conclusions.

Findings

Cruising has evolved from a source of supplemental income into the fastest growing segment of the hospitality and tourism industry. The confluence of innovative ships, improved distribution channels, market awareness, and harbor facilities, has often resulted in rapid sustained expansion. Looking at the quantity and quality of major ships, their impact on the growth and globalization of the industry is illustrated.

Practical implications

Ship numbers and deployment patterns can serve as precursors of growth. Analysis shows that quantitative and qualitative changes in permanently assigned ships signal transformative growth in a region ' s cruise market.

Originality/value

The paper serves to identify regions and times for further investigation of impact. The paper is a concise chronicle of the development of the cruise industry and it serves as a basis for further in-depth research.

Details

Worldwide Hospitality and Tourism Themes, vol. 6 no. 2
Type: Research Article
ISSN: 1755-4217

Keywords

Article
Publication date: 1 January 1966

LOUGHBOROUGH was the first of the post‐war schools to be established in 1946. This resulted from negotiations of representatives of the Library Association Council with technical…

Abstract

LOUGHBOROUGH was the first of the post‐war schools to be established in 1946. This resulted from negotiations of representatives of the Library Association Council with technical and other colleges which followed their failure to secure facilities within the universities on the terms of the L.A. remaining the sole certificating body. The late Dr. Herbert Schofield accepted their terms and added a library school to already varied fields of training within his college.

Details

New Library World, vol. 67 no. 7
Type: Research Article
ISSN: 0307-4803

Abstract

Details

Health and Illness in the Neoliberal Era in Europe
Type: Book
ISBN: 978-1-83909-119-3

Abstract

Details

Ideators
Type: Book
ISBN: 978-1-80262-830-2

Article
Publication date: 6 March 2019

Isuru Manawadu, Anna Che Azmi and Aslam Mohamed

The purpose of this paper is to examine the moderating effect of IFRS adoption on the relationship between foreign direct investment (FDI) and conditional accounting conservatism…

1109

Abstract

Purpose

The purpose of this paper is to examine the moderating effect of IFRS adoption on the relationship between foreign direct investment (FDI) and conditional accounting conservatism in South Asia.

Design/methodology/approach

This study uses the model developed by Basu (1997) and Ball and Shivakumar (2005) to examine the moderating effect of IFRS adoption on the relationship between FDI and conditional accounting conservatism. Data are tested by running panel generalized method of moments–2SLS estimation for the period of 2006–2015.

Findings

A moderating effect of IFRS adoption was found on the relationship between FDI and conditional accounting conservatism in South Asia.

Research limitations/implications

This study contributes to the literature by adding new evidence on the moderating effect of IFRS adoption on the relationship between FDI and conditional accounting conservatism.

Originality/value

The relationship between FDI and conditional accounting conservatism was moderated by IFRS adoption in South Asia. This finding provides new evidence to the literature as well as for the policy makers to consider on IFRS adoption.

Details

Journal of Accounting in Emerging Economies, vol. 9 no. 1
Type: Research Article
ISSN: 2042-1168

Keywords

Article
Publication date: 2 October 2017

Emma Dresler, Dean Whitehead and Kelly Weaver

The purpose of this paper is to determine the extent to which youth have ready access to alcohol and the extent to which immediate family influence affects consumption.

Abstract

Purpose

The purpose of this paper is to determine the extent to which youth have ready access to alcohol and the extent to which immediate family influence affects consumption.

Design/methodology/approach

This qualitative descriptive exploratory study undertook semi-structured peer-group interviews with 20 participants from four New Zealand high schools. The interviews centred on exploring the “general” experiences of youth related to alcohol access – but with a focus on alcohol access “at home” and the parental role.

Findings

The study confirmed that the home unit was the main source of alcohol for most youth and parents were the most common source of provision. Parents provided financial access to alcohol by giving their child money to purchase it themselves through older family members or friends. It was also found that youth used negotiation strategies with their parents to influence their consumer purchases of alcohol.

Research limitations/implications

Youth frequently used strategies such as pressure tactics, exchange tactics, ingratiating tactics and consultation tactics to influence their family’s decision-making process and to pressure their parents into supplying them with alcohol.

Practical implications

It is important to recognise the role that family play as “gatekeepers” for readily allowing access and supplying youth with alcohol – and the reasons for doing so.

Social implications

Alcohol plays an important part in many societies. It is important to understand how young people consume and access alcohol – particularly when the family plays a major role in access and consumption.

Originality/value

Many studies have been conducted in relation to youth and alcohol consumption. Very few, as far as we can tell, explore the role of the family from the young consumers’ perspective and especially from a qualitative narrative perspective.

Details

Health Education, vol. 117 no. 6
Type: Research Article
ISSN: 0965-4283

Keywords

Article
Publication date: 1 July 1986

ROGER KIRKPATRICK

In talking to librarians, as a publisher, I feel like a book reviewer talking to the author whose book he has reviewed — rather embarrassed and am reminded of Stephen Potter's…

Abstract

In talking to librarians, as a publisher, I feel like a book reviewer talking to the author whose book he has reviewed — rather embarrassed and am reminded of Stephen Potter's definition of reviewing:

Details

New Library World, vol. 87 no. 7
Type: Research Article
ISSN: 0307-4803

Content available
Book part
Publication date: 9 March 2022

Piero Formica

Abstract

Details

Ideators
Type: Book
ISBN: 978-1-80262-830-2

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