Journal of Business & Financial Affairs

In Recent times, Mergers and Acquisitions have become a universal phenomenon. Companies had been actively involved in both Domestically & Internationally mergers and acquisitions. The increased global market rivalry has encouraged the companies to go global as a significant strategic choice for mergers and acquisitions. Mergers & Acquisitions are the strategic growth strategies in the hands of growing numbers of companies not only to remain in the competition but also to increase their margins, market share, and global domination. The scale of cross-border operations has seen an unparalleled Surge since the mid-1990s and the same pattern continues. The size and speed at which mergers are coming are remarkable. In the context, Mergers and acquisitions have become a strategic practice for a number of the world’s leading businesses to expand rapidly.

The relationship between money and output is based on “quantum theory of money and production”. Perhaps, this is a new way of looking at the role of money in a production. Quantum theory of money and production states that “income is the instantaneous result of an event called production which is related to a limited period of time”. Bortis added that every time a new production takes place, its measure is given instantaneously through the monetary payment of its cost.