Towards Understanding the Merger-Wave in the Indian Corporate Sector: A Comparative Perspective
Published By: CDS on eSS | Published Date: February, 28 , 2004The corporate sector in India has witnessed a substantial growth
of Mergers and Acquisitions (M&As) during the 1990s, facilitated by
the policy-shift under Structural Adjustment Program. During the first
wave (i.e., 1990-95), the Indian corporate houses seem to have been
bracing up to face foreign competition while the second wave (i.e.,
1995-2000) experienced a large presence of multinational firms. M&As
also determined, to a large extent, the nature of foreign investment in
the country during this period. [Working Paper No. 355]
Author(s): P.L. Beena | Posted on: Oct 28, 2010 | Views(934) | Download (140)