Venkateswaran Vinod

Predicting Acquisitions in the Indian Financial Services Sector Venkateswaran Vinod - Noida Indian Institute of Finance 2023 - Vol XXXVII No 3 pg 717-736

Acquisitions are crucial for firm's growth strategy with various motivations such as economies of scale, new product or technology acquisition, introduction in new markets and increasing market share. These motivations are applicable in the financial services sector. In India acquisitions have gained prominence over the last few decades for reasons such as liberalization, globalization and access to capital markets. Research on predicting acquisitions over the previous four decades has been developed using traditional statistical modeling. In addition accounting data has been used as independent variables to determine the probability of acquisition. Two models have been developed using Random Forest and Logistic Regression for predicting takeovers in the Indian financial services industry.


Financial Services
Industry
Machine Learning
Modeling