Chinese M &amp; A in Europe

Spigarelli, Francesca; Alon, Ilan; Mucelli, Attilio

doi:10.1108/cr-12-2014-0041

Cited by 18 publications

(6 citation statements)

References 41 publications

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“…The study found three key factors: the ability to identify strategic assets, the ability to assimilate and integrate the acquired assets, and the ability to utilize those assets to enhance business performance. Later, Spigarelli, Alon, and Mucelli (2015) noted some additional factors at the firm level. These included integration in R&D, marketing, and sales; the development of communication and trust; the exploitation of the Chinese market as a source of demand; and moving selected production lines to the Chinese market.…”

Section: Factors Affecting the Success And Failure Of Chinese Ofdimentioning

confidence: 99%

Chinese outward foreign direct investment: The reasons why some Chinese firms fail in Norway

Wang¹,

Alon²

2020

Glob Bus Org Exc

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Recent years have seen a dramatic rise in Chinese multinationals investing in various projects around the world. While there have been numerous studies of Chinese outward foreign direct investment (FDI), there have been far fewer that examine the factors that relate to their success or failure from the perspective of the Chinese investor. Here we present a crosscase analysis of four examples of Chinese investments in Norway that failed to produce a profit. Using semi-structured interviews with Chinese and local managers, government agencies, and data from secondary sources, we identify five factors that contributed to this: (a) legal factors, (b) cultural differences, (c) business strategies, (d) organizational structure, and (e) the selection of people. We believe that these four case studies contribute to our knowledge of the reasons why Chinese outward FDI fails, and that it offers guidance to the management of Chinese firms wishing to invest in Europe.

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Section: Factors Affecting the Success And Failure Of Chinese Ofdimentioning

confidence: 99%

Chinese outward foreign direct investment: The reasons why some Chinese firms fail in Norway

Wang¹,

Alon²

2020

Glob Bus Org Exc

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“…The extent to which the ICF increases the recognition of Chinese brands remains almost completely uninvestigated. Except for a case study by 40 IJOEM 14,1 Spigarelli et al (2015) about the acquisition of CIFA by Zoomlion, which reveals that the two companies established a joint brand after the closure of the acquisition and now distribute products under this common label in the Chinese market, no articles that address this issue have been identified.…”

Section: Research Advancements and New Impulses Regarding The Outcomes Or Consequences Of The Icfmentioning

confidence: 99%

Reviewing the research on the internationalization of Chinese firms

Haasis

Liefner

2019

IJOEM

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Purpose Supplementing a previous review article on the internationalization of Chinese firms (ICF) by Deng (2012) that covers the period 1991–2010, the purpose of this paper is to examine how research on this subject has thematically expanded in recent years, systematically investigating the literature concerning the ICF between 2011 and June 2017 and highlighting the research advancements. Furthermore, it provides impulses for future research and outlines potential avenues for the overall future development of the entire ICF field. Design/methodology/approach Based on a systematic literature review, this paper categorizes the surveys reviewed according to the organizational framework of the research on the ICF provided by Deng (2012). Findings The results indicate that the research on the ICF has become more widespread and mature during the time period investigated. First, there are more articles examining functional management processes of Chinese firms. Consequently, new knowledge exists regarding the role, control and organization of foreign subsidiaries of Chinese enterprises and their host country institutional integration. Second, the state of knowledge regarding the implications of the ICF has increased. It is argued that the future convergence or divergence of the Chinese economic system determines the overall future development of research on the ICF. Originality/value This is the first review paper in the emerging ICF field that consciously continues the work of a previous review article, enabling the tracing of the thematic expansion of research on the ICF.

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“…Through better understanding, it becomes possible to develop an efficient MAS for decentralised companies operating in the industry. Studies show several industry-specific CSFs that executives in the construction sector need to be aware of in order to gain a competitive edge (Kärnä, 2009;Spigarelli, Alon & Mucelli, 2015;Yang, Yeung, Chan, Chiang examined on project level as well as on organisational or on stakeholder level. For instance, construction companies operate in a distinctive manner, since they need to handle various separate projects at the same time.…”

Section: Csfs In the Construction Industrymentioning

confidence: 99%

“…Studies illustrate the industry-specific success factors that executives in the construction sector need to focus on in order to gain a competitive edge (Kärnä, 2009;Spigarelli et al, 2015;Yang et al, 2010). The empirical evidence shows that CSFs in the construction industry differ from one country to another.…”

Section: Summary: Identification Of Research Gapmentioning

confidence: 99%

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The development of a management accounting system for decentralised construction companies

Rossenbach¹

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Purpose/objectives: This research deals with the development of a management accounting system [hereafter: MAS] tailored for decentralised construction companies using the critical success factors [hereafter: CSFs] method to support effective decision making at management level within the researched organisation and comparable organisations. In this context, the first research objective is to identify the CSFs within decentralised construction companies and thereby the managers’ need for information. Based on this, a MAS has been developed to meet this managers’ need for information. The second research objective is the exploration of possible designs of MASs developed via the CSFs identified and tailored for the needs of the different management levels. Design/methodology/approach: The empirical research comprises an abductive, qualitative, single case study approach. The need for this research has been identified through an in-depth literature review. The empirical element that contributes to closing the research gap has been divided into following parts: preparation of research, single case study (expert interviews at management level, analysis of commercial documents, as well as process/meeting observations) and result documentation, analysis and interpretation, as well as conclusions, limitations, outlook and recommendations. Findings: The findings represent a significant contribution to both knowledge as well as business practice. The literature review produced a need to bring the variables CSFs, informational needs, and the structure of operations together. A contribution to Lönngren et al’s (2010) study on success factors related to strategic partnerships in the construction industry can be identified in the fact that this study’s outcomes focus more on the operative and tactical CSFs in construction companies. Moreover, this thesis deals with numerous types of performance measurements in decentralised construction companies. This can be seen as a contribution to Yang et al’s (2010) study on performance measurements in the construction industry, as Yang et al did not take into account the organisation of the studied companies. In general, the focus of this thesis on the organisation of the studied construction company marks a contribution for numerous conducted research studies (e.g. Kärnä, 2009; Kärnä et al, 2009; Lim, 2011; Spigarelli et al, 2015). The CSFs in decentralised construction companies could be identified and clustered into four categories: customer-, construction management-, staff-, and decentralised organisationrelated. On this basis, three different MASs designs (for PM, BM, and MD level) could be developed. These MASs contain classic target-performance comparisons related to the particular CSFs that could be identified. As not all identified CSFs can be measured, in some cases, surveys or annual in-house appraisal interviews are recommended in order to estimate the achievement rate of single CSFs. In addition, a greater level of awareness could be achieved by this research and by the involvement of experts regarding a better understanding and more transparency in many areas of activity of decentralised construction companies. Limitations: As the researcher dealt with the social actors in a particular organisation only, the findings of the research are limited to this group of people. Should a generalisation of the findings be intended, further research work would be necessary. In this context, it should be mentioned that even within the studied organisation and therefore in the group of social actors that were studied, different opinions and perspectives were identified. Recommendations for further research: Future research could for instance mean a test run of the developed MAS in business practice. For this purpose, the MAS could be tested in the studied organisation or another decentralised construction company. A study in several companies at once is also possible.

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Chinese M & A in Europe

Cited by 18 publications

References 41 publications

Chinese outward foreign direct investment: The reasons why some Chinese firms fail in Norway

Chinese outward foreign direct investment: The reasons why some Chinese firms fail in Norway

Reviewing the research on the internationalization of Chinese firms

The development of a management accounting system for decentralised construction companies

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