Outward Foreign Direct Investment. A study of acquisitions made by Indian firms

      Аннотация: Mergers and acquisitions (M&As) have been an appealing topic for many researchers. Numerous studies had been done to investigate the effects of M&As on the acquiring firms and on acquired firms as well. M&As are not limited to the home country only, in which the firms operate, as the firms from nearly all developed and developing countries had been engaged in the M&As for various purposes through Outward Foreign Direct Investment(OFDI).Indian firms have aggressively acquired foreign companies through Outward Foreign Direct Investment both in manufacturing and service sectors. India happened to be among the top ten Outward Foreign Direct Investment sources in the period 2000-2007 and by 2008 India had become almost net outward Foreign Direct Investor country. This study comprises a ‘deal based’ study of cross border acquisitions to study the impact of acquisitions on the acquiring firms.

Ключевые слова: FDI, OFDI, econometrics