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Mergers and Acquisitions Antecedents in BRICS

Author

Listed:
  • Evans Opoku-Mensah
  • Yuming Yin
  • Asantewaa Ampofo Sandra
  • Priscilla Tuffour

Abstract

This study proposes merger and acquisitions (M&A) antecedents’ model using observations from BRICS countries. It is expected that BRICS countries will remain a hotbed of M&A activity in the future and hence by analyzing BRICS research, we seek to provide a deeper insight into the current state of research, outline new insight, and propose future directions. Using a systematic literature review (SLR) method, we found that antecedents including top leadership role, self-interest of managers, targeted firm’s characteristics, and the dyadic relationship between M&A partners have been limited in BRICS research. We also found that less attention has been devoted to analyzing the antecedents of M&A in countries, such as Russia, Brazil, and South Africa. We construct M&A antecedent’s model with these findings.

Suggested Citation

  • Evans Opoku-Mensah & Yuming Yin & Asantewaa Ampofo Sandra & Priscilla Tuffour, 2019. "Mergers and Acquisitions Antecedents in BRICS," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 11(3), pages 202-214, September.
    • Handle: RePEc:sae:emeeco:v:11:y:2019:i:3:p:202-214
    DOI: 10.1177/0974910119887241
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    References listed on IDEAS

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    Cited by:

    1. Evans Opoku‐Mensah & Yuming Yin & Sandra Chukwudumebi Obiora & Peter Adjei Darko, 2022. "Grabbing hand or helping hand? Ownership interventions and acquirers returns; the role of provincial idiosyncrasies," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(4), pages 4797-4815, October.
    2. Evans Opoku‐Mensah & Yuming Yin, 2023. "Controlling shareholders' influence on acquisition decisions and value creation: An empirical study from China," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 28(2), pages 1965-1980, April.
    3. repec:aly:journl:202067 is not listed on IDEAS
    4. Kumar, Deepak & Sengupta, Keya & Bhattacharya, Mousumi, 2023. "Macroeconomic influences on M&A deal outcomes: An analysis of domestic and cross-border M&As in developed and emerging economies," Journal of Business Research, Elsevier, vol. 161(C).
    5. Vissa, Siva Kameswari & Thenmozhi, M., 2022. "What determines mergers and acquisitions in BRICS countries: Liquidity, exchange rate or innovation?," Research in International Business and Finance, Elsevier, vol. 61(C).

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