TY  - JOUR
AB  - Purpose– Emerging economies and technology firms in these economies have witnessed significant increase in mergers and acquisitions (M&A) activities in recent years. The purpose of this paper is to conduct an empirical research on Indian technology firms and analyze the influence of firm-specific factors on firms’ M&A decisions. Design/methodology/approach– A set of 372 Indian firms in the technology sector have been studied for the period 2001-2011, a decade when this sector has seen maximum number of M&A transactions. Findings– The results show that financially strong, low-debt firms with high market capitalization are the typical acquirers in this segment and they tend to be serial acquirer too. Originality/value– Contrary to established findings in developed economies, the authors find that Indian technology firms’ acquisition decisions are not associated with their R&D activities, opening up scope for investigations on role of technology assets in emerging market firms’ acquisition decisions.
VL  - 10
IS  - 1
SN  - 1746-8809
DO  - 10.1108/IJOEM-06-2012-0057
UR  - https://doi.org/10.1108/IJOEM-06-2012-0057
AU  - Das Arindam
AU  - Kapil Sheeba
PY  - 2015
Y1  - 2015/01/01
TI  - Inorganic growth of technology sector firms in emerging markets: Influence of firm-specific factors in Indian firms’ M&A activities
T2  - International Journal of Emerging Markets
PB  - Emerald Group Publishing Limited
SP  - 52
EP  - 72
Y2  - 2024/09/23
ER  -