Mergers and Acquisitions and Trade Integration: A Spatial and Temporal Study of IndiaBalachandran BV1* and Lavanya CNM2
- Corresponding Author:
- Balachandran BV
Department of Accounting and Information Management
Northwestern University, Illinois, USA
E-mail: [email protected] kellogg.northwestern.edu
Received Date: March 25, 2016; Accepted Date: May 13, 2016; Published Date: May 17, 2016
Citation: Balachandran BV, Lavanya CNM (2016) Mergers and Acquisitions and Trade Integration: A Spatial and Temporal Study of India. J Glob Econ 4:192. doi:10.4172/2375- 4389.1000192
Copyright: © 2016 Balachandran BV, et al. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
The objective of this study is to analyze the nature and implications of changes in the number of Mergers and Acquisitions bids pertaining to Indo-US and Indo-Europe cross-border deals, on a pre-and post-sub-prime crisis basis. These numbers are correlated with ϒij (gamma-ness of trade). There was a decline in ϒij in 2009, for the said geographies, reflecting the impact of sub-prime crisis. The bids increased in the post-crisis period only for Indo-US Mergers & Acquisitions, where India was the target. The F value is solid when the acquirer is India and the target is either USA or Europe.