Table 31 Sept 2026From “Cultural distance is not a universal entry-mode rule”

Why do greenfield and acquisition performance findings diverge empirically?

Table 3Why do greenfield and acquisition performance findings diverge empirically?

Evidence question	Boundary to record
Who is entering?	Firm resources, prior experience, and international footprint
Where?	Institutional conditions and resource-market inefficiencies
What is being accessed?	Local relationships, assets, knowledge, or organizational routines
When is the choice observed?	Pre-entry intention, entry decision, integration, or performance
How is the mode measured?	Legal form, ownership, control, or operational arrangement
Which result transfers?	The relationship that matches the current decision and context

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Source: Table from this essay. Sources and interpretation are given in the article.

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From the essay

Growth that compounds

Cultural distance is not a universal entry-mode rule

Cultural distance does not choose an entry mode: fit depends on institutions, resources, mode, sample, and the moderator behind the estimate.

1 Sept 2026

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Isoglu, S. (2026). Why do greenfield and acquisition performance findings diverge empirically? [Table]. isoglu.com. https://isoglu.com/insights/exhibits/isoglu-2026-cultural-distance-is-not-a-universal-entry-mode-rule-fig03/

BibTeX

@misc{isoglu-2026-cultural-distance-is-not-a-universal-entry-mode-rule-fig03,
  author = {Isoglu, Sinan},
  title = {{Why do greenfield and acquisition performance findings diverge empirically?}},
  year = {2026},
  howpublished = {Table 3, isoglu.com},
  url = {https://isoglu.com/insights/exhibits/isoglu-2026-cultural-distance-is-not-a-universal-entry-mode-rule-fig03/},
  note = {From the essay {Cultural distance is not a universal entry-mode rule}}
}

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