Abstract

The present paper is carried out with the objective of studying what shift-in-structure is experienced especially in the operating performance (OP) after merger and acquisitions (M&AS) by studying 39 selected acquiring manufacturing firms in India. The firms, which had gone in to the M&AS process during the financial year 2006-2007 are only considered for the study. Factor analysis, correlation matrix, multiple regression, and chow test are applied to study the op of these firms in the pre-and post-merger periods. The study reveals that the M&AS process has significant (positive improvement) effect on op of the acquiring manufacturing firms in India after M&AS over the study period.

Details

Title
Impact of Merger and Acquisitions on Operating Performance: Evidence from Manufacturing Firms in India
Author
Ramachandran Azhagaiah; Thangavelu Sathishkumar
Pages
121-139
Publication year
2014
Publication date
Summer 2014
Publisher
University of Primorska, Faculty of Management in Koper
ISSN
15816311
e-ISSN
18546935
Source type
Scholarly Journal
Language of publication
English
ProQuest document ID
1625314449
Copyright
Copyright University of Primorska, Faculty of Management in Koper Summer 2014