“…Several scholars have argued that technical knowledge of the affiliated firm (Ranft & Lord, 2000) can enhance performance in cross‐border deals. Firm performance in the global market is influenced by corporate governance (Martin & McConnell, 1991; Parrino & Harris, 1999; Shalender & Yadav, 2019), prior experience (Han et al, 2018), cultural differences, investment decisions, and information disclosure (Ahammad et al, 2016; Inkpen, 2000; (Morosini, Shane, & Singh, 1998). For example, organizations may face disputes between employees because of inequality in corporate culture (Gupta & Gupta, 2019) and national culture (Appiah‐Adu & Blankson, 1998; Ojala & Tyrväinen, 2007; Weber, 1996).…”