Pinto, Cláudia FriasFerreira, Manuel PortugalFalaster, ChristianFleury, Maria Tereza LemeFleury, Afonso2021-08-062021-08-0620171090-9516http://hdl.handle.net/10400.8/6030We examine the role of government support on the ownership choices by multilatinas in cross-border acquisitions, both directly and in moderating the relationship between institutional distance and knowledge access. We argue that the pro-market reforms and three mechanisms of government support – financing, stock participation, and political ties – can result in higher levels of ownership negotiated by firms, under conditions of greater institutional distance and knowledge access. Our findings contribute to extend the institution-based view by exploring how the unique institutional characteristics of Latin American countries, and especially different types of government support, influence foreign ownership strategies of multilatinas.engCross-border acquisitionOwnershipInstitutional distanceGovernment supportKnowledge in CBAsMultilatinasjournal article10.1016/j.jwb.2016.08.004