Asia on the Buyside: The Key to Success – The human capital and hidden risks in cross-border acquisitions.
Economists the world over agree that Asia will drive global economic growth over the next ten years, if not longer. According to the IMF, the region’s economies will grow by 7.5% in 2010, and are likely to continue to accelerate through 2011 and beyond. In stark contrast, growth in the advanced economies is expected to hit just 2.6% in 2010, just over one third of what is predicted for Asia.
During March and April 2010, 155 senior executives of Asian based corporations and private equity firms that had undertaken a cross-border acquisition over the past three years were asked about their views on the risk management and human capital issues that impacted the success of their purchase.