The DOI matches its Crossref record; 13 of the 13 references it cites were found in a registry or an index.
How do networks and learning drive M&As? An institutional comparison between China and the United States
Abstract
What drives mergers and acquisitions (M&As) in different institutional environments? This article builds on the resource dependence perspective and argues that networks, learning, and institutions represent three building blocks that can enhance our understanding of the drivers behind M&As. Specifically, we consider firms as learning actors embedded in network relations and influenced by institutional development, and compare and contrast firms' acquisition activities across the United States and China. Our findings show that there are indeed important learning and network factors that lead to M&As. More interestingly, the impact of such learning and network factors varies sharply across countries with different market‐based institutions. Copyright © 2009 John Wiley & Sons, Ltd.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
Institutions, Institutional Change and Economic Performance
North, D. C. (1990) · doi:10.1017/cbo9780511808678 · Cited by 32,691
Exploration and Exploitation in Organizational Learning
March, J. G. (1991) · Organization Science · doi:10.1287/orsc.2.1.71 · Cited by 21,942
Social Network Analysis: Methods and Applications
Wasserman, S., & Faust, K. (1994) · doi:10.1017/cbo9780511815478 · Cited by 17,557
Centrality in social networks conceptual clarification
Freeman, L. C. (1978) · Social Networks · doi:10.1016/0378-8733(78)90021-7 · Cited by 17,062
Knowledge of the firm, combinative capabilities, and the replication of technology
Kogut, B., & Zander, U. (1992) · Organization Science · doi:10.1287/orsc.3.3.383 · Cited by 12,939 · cited 1×
“For most social-science data, the variance is likely to exceed the mean and result in the problem of overdispersion, which tends to bias downward the estimated standard errors (Haunschild and Beckman, 1998; Kogut and Zander, 1992).”
BackgroundBurt, R. S. (1992) · doi:10.4159/9780674029095 · Cited by 9,093
An institution-based view of international business strategy: A focus on emerging economies
Peng, M. W., Wang, D. Y. L., & Jiang, Y. (2008) · Journal of International Business Studies · doi:10.1057/palgrave.jibs.8400377 · Cited by 3,286
Self-citationMANAGERIAL TIES AND FIRM PERFORMANCE IN A TRANSITION ECONOMY: THE NATURE OF A MICRO-MACRO LINK.
Peng, M. W., & Luo, Y. (2000) · Academy of Management Journal · doi:10.2307/1556406 · Cited by 2,861
Self-citationStrategy Research in Emerging Economies: Challenging the Conventional Wisdom*
Wright, M., Filatotchev, I., Hoskisson, R. E., & Peng, M. W. (2005) · Journal of Management Studies · doi:10.1111/j.1467-6486.2005.00487.x · Cited by 1,843
Self-citationBeing in the Right Place: A Structural Analysis of Individual Influence in an Organization
Brass, D. J. (1984) · Administrative Science Quarterly · doi:10.2307/2392937 · Cited by 1,549
Cited by
The Institution-Based View as a Third Leg for a Strategy Tripod.
Peng, M. W., Sun, S. L., Pinkham, B., & Chen, H. (2009) · Academy of Management Perspectives · doi:10.5465/amp.2009.43479264 · Cited by 1,643
Self-citationCao, Z., & Lumineau, F. (2015) · Journal of Operations Management · doi:10.1016/j.jom.2014.09.009 · Cited by 937
Emerging multinationals from mid‐range economies: the influence of institutions and factor markets
Hoskisson, R. E., Wright, M., Filatotchev, I., & Peng, M. W. (2013) · Journal of Management Studies · doi:10.1111/j.1467-6486.2012.01085.x · Cited by 756
Self-citationDoes subnational region matter? Foreign affiliate performance in the United states and China
Chan, C. M., Makino, S., & Isobe, T. (2010) · Strategic Management Journal · doi:10.1002/smj.854 · Cited by 403
Linking Theory and Context: ‘Strategy Research in Emerging Economies’ after Wright et al. (2005)
Xu, D., & Meyer, K. E. (2013) · Journal of Management Studies · doi:10.1111/j.1467-6486.2012.01051.x · Cited by 400
Metadata
- Authors
- Lin, Z. (., Peng, M. W., Yang, H., & Sun, S. L.
- Venue
- Strategic Management Journal
- Publisher
- Wiley
- Published
- 2009-05-15
- Volume
- 30
- Issue
- 10
- Pages
- 1113-1132
- ISSN
- 0143-2095 (ISSN-L)
- 1097-0266
- OpenAlex
- W1973323049
- Cited by
- 313
- References
- 13
- FWCI
- 50.25
- Type
- journal article
- Language
- en
- Open access
- closed
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: How do networks and learning drive M&As? An institutional comparison between China and the United States. https://app.cochat.ai/papers/10.1002/smj.777
- The paper
- Lin, Z. (., Peng, M. W., Yang, H., & Sun, S. L. (2009). How do networks and learning drive M&As? An institutional comparison between China and the United States. Strategic Management Journal. https://doi.org/10.1002/smj.777
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.