Determinants of Mergers and Acquisitions in Indian Pharmaceutical Industry Abstract M&A turned step forward to be substantive form of corporeal restructuring in brook globalization consequence in Indian industries. The phenomenon is considered to be the or so essential strategy for gaining competitive advantage for firms. This study attempts to discovery prohibited the determinants of M&A in Indian pharmaceutical industry. We uptake the PROWESS database provided by the Center for Monitoring Indian saving for the period of 2001-2010. The results of the Logit analysis suggests that large and multinational affiliated firms argon investing more in M&A activities. Similarly, firms coverage excess capacity and high R&D investments be 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 ***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 can of the globalization process exten! sively favoring the influence, presence and participation of inappropriate own firms in national economies. This also triggers a hatful of corporate restructuring activities of domestic firms. The process has caused a significant mix and redisposition of firms assets and thereby reshaping of many industrial sectors. The fork over form of industrial ownership is witnessing powerful mergers and acquisitions (M&A) activities around...If you want to piss a full essay, order it on our website:
OrderCustomPaper.comIf you want to get a full essay, visit our page:
write my paper
No comments:
Post a Comment