Notwithstanding the extensive literature on emerging markets OFDI, generally led by Business Groups (BG), there is scant evidence on the differential patterns of OFDI by BG-affiliated and standalone firms. Employing data on the Indian overseas acquisitions during 2000–2008, this study examines...

This study examines the determinants of host-location of cross-border acquisitions by Indian Business Group (BG)-affiliates and other firms during 2000–2008. Our empirical estimates indicate the general attraction of host country market-size and double-taxation-avoidance treaty. However,...