Strategic Deals In Emerging Capital Markets: Are There Efficiency Gains For Firms In Bric Countries?

Advanced Studies in Emerging Markets Finance Irina Ivashkovskaya Svetlana Grigorieva Eugene Nivorozhkin Editors Strategic Deals in Emerging Capital Markets Are There Efficiency Gains for Firms in BRIC Countries? Advanced Studies in Emerging Markets Finance Series Editors Irina Ivashkovskaya, Higher School of Economics, National Research University, Moscow, Russia Joseph McCahery, Department of Business Law, Tilburg University School of Law, Tilburg, The Netherlands Eugene Nivorozhkin, School of Slavonic and East European Studies, University College London, London, UK Elettra Agliardi, University of Bologna, Department of Economics, Bologna, Italy The series offers insights into the broad range of finance concepts applied to the specific environment in emerging capital markets. The series presents a broad range of theoretical concepts, empirical analyses and policy conclusions regarding financial markets, financial institutions, and corporate finance. Giving a voice to scholars from emerging and developed countries, comparative studies analyze different financial markets as well as firms’ performance in emerging and developed economies. There is a particular focus on the largest emerging economies, namely the BRICS countries. More information about this series at http://www.springer.com/series/15606 Irina Ivashkovskaya • Svetlana Grigorieva • Eugene Nivorozhkin Editors Strategic Deals in Emerging Capital Markets Are There Efficiency Gains for Firms in BRIC Countries? Editors Irina Ivashkovskaya Higher School of Economics National Research University Moscow, Russia Svetlana Grigorieva Higher School of Economics National Research University Moscow, Russia Eugene Nivorozhkin School of Slavonic and East European Studies University College London London, UK ISSN 2662-4281 ISSN 2662-429X (electronic) Advanced Studies in Emerging Markets Finance ISBN 978-3-030-23849-0 ISBN 978-3-030-23850-6 (eBook) https://doi.org/10.1007/978-3-030-23850-6 © Springer Nature Switzerland AG 2020 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors, and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publicat