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The purpose of this paper is to determine the motives of cross-border mergers and acquisitions (M & A) by Indian companies for the period 1998 through 2009. The study has also attempted to ascertain the post-merger paybacks realized by the sample acquirer companies. It also identifies the motives which help in improving the post-merger performance. The preference of the motives and post-merger paybacks realized across the development status of the host economy, age and industry of the company has also been found.

This paper uses a survey approach to collect the responses over the motives and post-merger paybacks. Statistical tools, namely, Likert scale, factor analysis, independent samples t-test and binary logistic regression have been used.

The study found that there are five motives of cross-border M & A – value creation, improvement in efficiency, market leadership, marketing and strategic motives and synergistic gains. The results also indicated that the acquirer firms expect cost and financial efficiency, stakeholders’ benefits and employee welfare post acquisition. The motive of value creation significantly improves the post-merger financial performance.

The study has only considered the cross-border M & A but not domestic M & A.

The research is an attempt to understand the dynamics which are responsible for motivating Indian companies to go abroad for acquisitions. Thus, it would help the prospective Indian acquirer companies to focus on the motives which help in improving the post-merger financial performance.

This research paper is original as it explores the motivation of Indian companies for entering into cross-border M & A. It adds to the extant literature of cross-border M & A by emerging economies multinational enterprises.

Over the past decade, many small‐ and medium‐sized enterprises have incurred dramatic losses due to major disasters, causing loss of their business information systems and transaction data, so, they have started to outsource their information operations to data centers (DCs), in order to monitor critical business data operations. The purpose of this paper is to propose a dual‐sided business data integrity policy framework.

Based on a review of the available literature, case studies, and in‐depth interviews with top CEOs and experts in the field, a fuzzy Delphi method is proposed in two frameworks. In addition, a risk evaluation rule is derived by applying Bayesian decision analysis to mitigate the risk and lower the cost in their outsourcing policy; and Delphi method is used to extract 11 DC service quality evaluation indicators and also use these indicators to conduct a benchmark in Taiwan. Furthermore, the proposed framework is applied to figure out critical service advantages as well as suggestions for the DC involved in the benchmark.

The results of framework point out that enterprises should monitor the four operation elements (facility and infrastructure, server system management, information security management, and disaster recovery (DR) mechanism) to ensure and improve their data integrity; and DC firms need to build robust facilities and services in the five operation elements (customizability, serviceability, information technology infrastructure, security management, and knowledge intensity).

This paper uses a hybrid Delphi‐Bayesian method to propose a new framework, which is adequately integrated with the consensus of experts and business decision makers; higher professionalism and content validity are achieved. Enterprises can use these indicators to evaluate the service quality of DCs among DC firms.

Immigrant‐owned business in Britain is reviewed in the light of both cultural and structural economic perspectives. The latter view is emphasised. Concentration in trades which are in decline, or are labour intensive, or both, creates acute competitive pressures which are exacerbated by the growing presence of corporate rivals in many markets. Real and perceived bias on the part of banks helps to limit diversification. Attempts to move away from characteristic activities, both geographically and sectorally, have had only limited impact. Accumulation of class resources holds the greatest promise for entrepreneurial success.

Aim of the present monograph is the economic analysis of the role of MNEs regarding globalisation and digital economy and in parallel there is a reference and examination of some legal aspects concerning MNEs, cyberspace and e‐commerce as the means of expression of the digital economy. The whole effort of the author is focused on the examination of various aspects of MNEs and their impact upon globalisation and vice versa and how and if we are moving towards a global digital economy.

The purpose of this paper is to provide an integrated framework that conceptualizes multifaceted antecedents pertaining to international expansion of Asian emerging multinational enterprise (MNEs) in relation to firm performance. The author argues that the accelerated process of Asian emerging MNEs internationalization appears to be a historically significant change in the way business is conducted.

The paper tests how internationalization expansion path, geographic scope, industry and firm characteristics affect Asian emerging MNEs performance in a sample of 115 Asian MNEs over the period 2003‐2006.

The results indicate that an emerging MNE's institutional heritage and its own internationalization strategy are likely to create specific preference for operating in differing geographic regions. On the other hand, the results also indicate that domestic growth rate, global market growth rate and R&D investment influence the degree of internationalization of Asian emerging MNEs.

Future studies may apply time series data and require additional empirical research using samples from other emerging markets such as Eastern European, Russia and South America. Addressing industry‐specific effects, and/or examine the influence of company characteristics would clearly add to this study.

Asian merging MNEs have certain advantages over large developed country's MNEs, including greater flexibility, efficiency, quality and advantage‐seeking behavior, which allow an emerging multinational enterprise MNE to develop capabilities to succeed in the international markets.

This paper aims to compare profiles of social enterprises as they are emerging in China, Hong Kong, Taiwan, Japan and South Korea and to highlight common features across countries allowing the identification of (partly) East‐Asian‐specific model(s) of social enterprise.

The paper first examines the socio‐economic contexts in which new public policies and new NPOs' initiatives were launched to offer innovative solutions to current challenges, especially unemployment. Interactions between Eastern Asia and Western regions (EU, USA) are also analysed as to experiments and conceptions of social enterprise. In order to identify major convergences and divergences across countries in Eastern Asia, we rely on country studies presented in this issue as well as on a broad literature, related more specifically to the development and roles of NPOs and co‐operatives in this region.

Five major models of social enterprise with specific dynamics can be identified in Eastern Asia. State influence and driving forces linked to public policies make these models rather different from the typical US social enterprise; as for the role of civil society, it seems weaker than in Western contexts but is growing significantly. Co‐operative movements also play a significant role in shaping some social enterprise models. Finally, two conditions identified as critical for the development of social economy organisations – a “condition of necessity” and a “condition of shared destiny” – seem to be valid in Eastern Asia as well, provided they are properly reinterpreted.

As in other regions, the concept of social enterprise itself only begins to be used in Eastern Asia, and no specific legislation deals explicitly with social enterprise as such, except in South Korea. So the main challenge was to identify all categories of initiatives which can be described as part of the new “social enterprise phenomenon”. The understanding of the latter may evolve over time and vary across countries.

The present analysis, just like the other four papers in this issue, is a result of a joint research project of the EMES European Research Network and East‐Asian researchers. Country studies were conducted along common broad guidelines, and they were discussed and revised at various stages, which insured a fairly good level of comparability. Moreover, this seems to be the first systematic comparative analysis on social enterprise involving all industrialised countries in Eastern Asia.

Asian economy in transition is facing great deal of challenges, so its corporate governance. This paper investigates the dominant corporate governance models practiced under the liberal market capitalism, cooperative capitalism, collective capitalism and the state capitalism across the continents and proposes conscious governance approach for Asia and emerging economies.

The paper explores and compares Anglo-American and Continental European corporate governance models. The report further investigates the development of corporate governance across Asian publicly listed companies, state-owned enterprises, small and medium enterprises and other privately held large enterprises, and raises questions and concerns and derives conclusion.

The Asian experience of imposing Western corporate governance models is more of a simplification of tasks based on political, cultural and globalization needs rather than the regions’ economic, financial and social development reality.

The unique proposition of conscious corporate governance aligns corporate governance practice with Asian socio-economic transition vision and helps with further development and reforms.

The paper adds to the existing efforts and triggers a fresh view to the Asian and emerging economies corporate governance research and strategy.

The purpose of this study is to provide an integrated framework that conceptualizes multifaceted antecedents pertaining to international expansion of emerging market businesses in relation to firm performance. This paper develops multiple-item measures of multiple dimensions to clarify ownership structure and three diversification strategy relationships to performance. We test how ownership structure and diversification strategy affect emerging market multinational enterprises’ financial performance. The result shows that the relationship between ownership structure and firm performance is a nonlinear relationship (S shape). We also found that excessive international diversification, product diversification, and geographic scope of the expansion process negatively moderate the impact of Asia Pacific multinational enterprises’ performance.