Strategic Deals in Emerging Capital Markets

Analyzes merger and acquisitions trends in emerging markets. Gives an overview over financial developments in the BRICS countries. Identifies determinants of success and failures

The industrial development of emerging markets has been a powerful driver for mergers and acquisitions. The contributions collected in this book assess major M&A deals in the largest emerging capital markets (Brazil, Russia, India, China) and their role in shareholder value creation in the markets’ specific business environments.

In addition, the book explores various dimensions of M&A deals in order to summarize the main trends in corporate control markets in the largest emerging countries, and how they differ from those in developed countries; to identify deal-performance relationships and the determinants of success or failure; to reveal the drivers for the premium in M&A deals; and to capture market responses to different M&A strategies.

By doing so, the book makes a significant contribution to the literature, which has to date largely focused on developed markets.

Editors: Ivashkovskaya, Irina, Grigorieva, Svetlana, Nivorozhkin, Eugene (Eds.)

Our new monograph includes studies of students who work as interns-researchers at the Corporate Finance Center HSE at the same time. Nex book at Springer will include the valuable contribution of these lab members.