M&a Merger and Acquitions

Determinants of Mergers and Acquisitions in Indian Pharmaceutical Industry Abstract M&A turned step forward to be epochal form of corporeal restructuring in brook globalization spot in Indian industries. The phenomenon is considered to be the or so serious strategy for gaining competitive advantage for firms. This study attempts to discovery step up the determinants of M&A in Indian pharmaceutical industry. We social occasion the PROWESS database provided by the Center for Monitoring Indian deliverance for the period of 2001-2010. The results of the Logit analysis suggests that large and multinational affiliated firms be investing more in M&A activities. Similarly, firms inform excess capacity and high R&D investments atomic number 18 relying heavily on M&A to reconstitute and consolidate their position in the industry. Keywords: Mergers and Acquisitions; Pharmaceutical Industry; Logit Analysis JEL raise Classification: L65, G34, C23, C25 *Doctoral Student in Economics, Department of H&SS, IIT Bombay, India, e-mail: vidhisha.d.vyas@gmail.

com ** professor of Economics, Department of H&SS, IIT Bombay, India, e-mail: knn@iitb.ac.in *** professor of Economics, Department of H&SS, IIT Bombay, India, e-mail: ramanath@iitb.ac.in 1. Introduction The rise of the competition, the monetary ease allowing capital flows and the rapid technologic al changes are the arse of the globalizatio! n process extensively favoring the influence, presence and participation of abroad own firms in national economies. This also triggers a contend of corporate restructuring activities of domestic firms. The process has caused a significant ruffle and redisposition of firms assets and thereby reshaping of many industrial sectors. The fork over form of industrial ownership is witnessing severe mergers and acquisitions (M&A) activities around...If you want to piss a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper