Preface
Why We Need to Understand the Role of Mergers and Acquisitions in Today's World
Mergers, acquisitions, business alliances, and corporate restructuring activities are increasingly commonplace in both developed and emerging economies. Given the frequency with which such activities occur, it is critical for business people and officials at all levels of government to have a basic understanding of why and how they take place and how they can affect economic growth. A lack of understanding of the role mergers and acquisitions (M&As) play in a modern economy can mean the failure to use such transactions as an effective means of implementing a business strategy. Moreover, ignorance can lead to overregulation of what are important means of disciplining ...

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