贸易经济系学术报告系列讲座第八十二讲

主 题：When Money Can't Buy Everything: an Institution-based View of The Seller’s Perspective in Cross-border Acquisition Auctions

主讲人:  Sali Li（University of South Carolina）

时 间：2019-09-11 14:00

地 点：Room 1008, Mingde Business Building

语 言：English/Chinese

Abstract：

Research on cross-border acquisitions largely focuses on the buyer’s perspective, however, relatively little is known about how sellers evaluate and select potential buyers. We extend an institution-based view of the seller’s perspective to investigate the factors affecting sellers’ decisions in the unique context of cross-border acquisition auctions. We find that the seller’s choice of buyer is not driven solely by high prices. Instead, sellers also consider the legitimacy and approval of buyers in sellers’ countries, as determined by buyers’ institutional backgrounds and international experiences. Our study highlights the role of sellers in acquisitions by revealing sellers’ institutional considerations in cross-border acquisition auctions.

Short biography：

Sali Li, Associate Professor, Sonoco International Business Department, Moore School of Business, University of South Carolina. Dr. Li joined the IB faculty at MSB since 2013. Prior to that, he was an Assistant Professor at the Lubar School of Business, University of Wisconsin-Milwaukee. He teaches global strategic management in the IMBA Program, and cross-cultural negotiation in the IB undergraduate and MIB programs. Professor Li's primary research interests cover multinational strategy, revisiting the resource based view, and international entrepreneurship, with particular focus on emerging economies. Dr. Li's research has been published in top tier academic journals, including the Academy of Management Review, Strategic Management Journal, Journal of International Business Studies, and Journal of Management. He currently is serving on the editorial board of the Asia Pacific Journal of Management, Journal of International Management, Journal of Management, and Long Range Planning. He is a reviewer for other journals, including: Journal of International Business Studies and Strategic Management Journal. Professionally, he is a member of the Academy of Management, Academy of International Business, International Association for Chinese Management Research, and Strategic Management Society.