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Shopping as locals: A study of conduit acquisition by multinational enterprises

Wang, Shixiang, Wei, Jiang, Zhao, Minyuan

Journal of International Business Studies · 2022 · Volume 53 · Issue 8

DOI: 10.1057/s41267-022-00520-y

Abstract

Foreign acquirers often encounter severe legitimacy challenges caused by the institutional distance between the home and host countries. In this study, we

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