Table of Contents

Emerging Dynamics of Sustainability in Multinational Enterprises

Emerging Dynamics of Sustainability in Multinational Enterprises

New Horizons in International Business series

Edited by John R. McIntyre, Silvester Ivanaj, Vera Ivanaj and Rabi N. Kar

This review addresses some of the pertinent questions arising out of the fast changing dynamics of sustainability development in multinational enterprises focusing their strategies, practices and models on emerging economies. Contributors from India, Europe and the United States offer fresh perspectives on strategic considerations for firms as well as case material.

Chapter 13: Resource dynamics of outbound acquisitions: evidence from the Indian IT industry

Sumati Varma and Rabi N. Kar

Subjects: business and management, international business, management and sustainability


The rise of emerging market multinational enterprises (EMNEs) as important players in the global economy has been a significant feature of global business in the last decade. In the Indian context, the period from 2000 to 2013 witnessed an unprecedented boom in outbound foreign direct investment (FDI) activity, led by overseas acquisitions of firms in the information technology (IT) and pharmaceutical sectors, driven by the search for markets and strategic assets (Varma, 2009). The Indian IT sector has emerged as the most internationalized sectors of the economy, driven by the global demand for skilled technical labor (Parthasarthy, 2004), facilitated by government policy, the role of the diaspora at different stages of industry development and the push given by the industry association NASSCOM (Kapur, 2002; Bhatnagar, 2006) in promoting Indian software as a global brand (Varma and Bagoria, 2013).

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.

Further information