Article ID Journal Published Year Pages File Type
10488102 International Business Review 2016 11 Pages PDF
Abstract
This paper examines cross-border acquisitions by Indian multinationals and places them in the context of Emerging Country Multinationals. It tests hypotheses based on internalisation theory and the resource based view to ask if these firms are asset exploiting or asset augmenting in their takeover behaviour. Internal financial and technological resources are found to be important explanatory variables, as is asset seeking; of brands, technology and market access. The home environment in India allows firms to amass profits, to manage in a culturally diverse setting and to develop asset bundling skills. All these factors are significant in determining cross-border acquisitions.
Related Topics
Social Sciences and Humanities Business, Management and Accounting Business and International Management
Authors
, , , ,