Impact of Ownership Structure and Profitability of Acquiring Companies on Mergers and Acquisitions Decision in India: An Empirical Analysis of Bse-Listed Companies (2001-2023)
Empirical analysis of M&A activity reveals that promoter-led firms significantly dominate the market, suggesting notable implications for corporate strategies.
Key Points
Promoter-led firms accounted for 61.43% of M&A activity in India, underscoring their influence in corporate strategies.
Mid-sized firms with assets between ₹1,001 crore and ₹10,000 crore were the most active, representing 44.90% of M&A transactions.
The analysis highlighted significant differences in M&A activity between promoter-led and non-promoter-led firms across various sectors.
Indian promoters are more engaged in M&A deals with larger shareholding, indicating distinct dynamics in ownership structures.