M&a Merger and Acquitions

Determinants of Mergers and Acquisitions in Indian Pharmaceutical Industry Abstract M&A turned step forward to be remarkable form of corporeal restructuring in brook globalization menstruum in Indian industries. The phenomenon is considered to be the or so eventful strategy for gaining competitive advantage for firms. This study attempts to discovery tabu the determinants of M&A in Indian pharmaceutical industry. We wont the PROWESS database provided by the Center for Monitoring Indian scrimping 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 coverage excess capacity and high R&D investments argon relying heavily on M&A to reconstitute and unify their position in the industry. Keywords: Mergers and Acquisitions; Pharmaceutical Industry; Logit Analysis JEL scratch Cla ssification: 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 ***prof 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 technological changes are the solid ground of the globalization process extensively favori! ng the influence, presence and participation of conflicting own firms in national economies. This also triggers a portion of corporate restructuring activities of domestic firms. The process has caused a significant shuffle and redisposition of firms assets and thereby reshaping of many industrial sectors. The fork over form of industrial ownership is witnessing beardown(prenominal) mergers and acquisitions (M&A) activities around...If you want to piss a full essay, order it on our website: OrderCustomPaper.com

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