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首页> 外文期刊>Journal of Business Research >Cultural imprints: Emerging market multinationals' post-acquisition corporate social performance
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Cultural imprints: Emerging market multinationals' post-acquisition corporate social performance

机译：文化印记：新兴市场跨国公司的收购后企业社会绩效

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摘要

Many emerging market multinational corporations (EMNCs) acquire firms in developed markets to attain advanced technology and managerial know-how. However, adopting socially responsible practices may not show immediate financial returns and thus, are potentially overlooked. Given the lack of formal institutions to enforce socially responsible practices in their home country, EMNCs have discretion in improving their post-acquisition corporate social responsibility performance (CSRP). This study extends the institution-based view on EMNCs' internationalization and investigates how informal institutions, specifically home country cultures, affect EMNCs' post-acquisition CSRP. Studying a sample of EMNCs' acquisitions in the U.S., we find that EMNCs' home country cultures exert "imprinting" effects that enable or discourage their post-acquisition CSRP. Uncertainty avoidance and power distance are positively related to the improvement of EMNCs' CSRP, while individualism has a marginally negative relationship. Post-hoc analysis suggests that compared to manufacturing firms, service firms are more susceptible to the cultural imprinting effects.
机译：许多新兴市场跨国公司（EMNC）收购了发达市场的公司，以获得先进的技术和管理知识。但是，采用社会责任的做法不得显示立即财务回报，因此可能被忽视。鉴于缺乏正式机构在其本国实施社会负责任的做法，EMNC有酌情决定改善其售后企业社会责任绩效（CSRP）。本研究扩展了基于IMNC的国际化的机构视图，并调查了非正式机构，特别是祖国文化如何影响EMNCS的收购卡斯尔普。研究美国的EMNCS收购样本，我们发现EMNCS的祖国文化施加了“印记”的影响，使其在收购后CSRP能够实现或劝阻。不确定性避免和功率距离与EMNCS CSRP的改进呈正相关，而个性主义具有略微负面的关系。后HOC分析表明，与制造公司相比，服务公司更容易受到文化印记效应的影响。

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