A Study of Recent Mergers and Acquisitions in India and Their Impact on The Operating Performance and Shareholder Wealth

This dissertation is a study on the objectives of mergers and acquisitions, as to why organisations undertake the inorganic mode of expansion. However the main focus is on studying the operating performance and shareholder value of acquiring companies and comparing their performance before and after...

Full description

Bibliographic Details
Main Author: Pacheriwala, Rohit
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2009
Online Access:https://eprints.nottingham.ac.uk/23090/
_version_ 1848792507282882560
author Pacheriwala, Rohit
author_facet Pacheriwala, Rohit
author_sort Pacheriwala, Rohit
building Nottingham Research Data Repository
collection Online Access
description This dissertation is a study on the objectives of mergers and acquisitions, as to why organisations undertake the inorganic mode of expansion. However the main focus is on studying the operating performance and shareholder value of acquiring companies and comparing their performance before and after the merger. To conduct a uniform research and arrive at an accurate conclusion, we restrict our research to only Indian companies. To get a broader perspective on India, we study 4 sectors namely aviation, banking, steel and oil and gas. We test a hypothesis that mergers improve operating performance of acquiring companies. However on studying the cases on the 4 sectors, we conclude that as in various previous studies, mergers do not improve financial performance at least in the immediate short term.
first_indexed 2025-11-14T18:45:30Z
format Dissertation (University of Nottingham only)
id nottingham-23090
institution University of Nottingham Malaysia Campus
institution_category Local University
language English
last_indexed 2025-11-14T18:45:30Z
publishDate 2009
recordtype eprints
repository_type Digital Repository
spelling nottingham-230902018-02-16T09:41:16Z https://eprints.nottingham.ac.uk/23090/ A Study of Recent Mergers and Acquisitions in India and Their Impact on The Operating Performance and Shareholder Wealth Pacheriwala, Rohit This dissertation is a study on the objectives of mergers and acquisitions, as to why organisations undertake the inorganic mode of expansion. However the main focus is on studying the operating performance and shareholder value of acquiring companies and comparing their performance before and after the merger. To conduct a uniform research and arrive at an accurate conclusion, we restrict our research to only Indian companies. To get a broader perspective on India, we study 4 sectors namely aviation, banking, steel and oil and gas. We test a hypothesis that mergers improve operating performance of acquiring companies. However on studying the cases on the 4 sectors, we conclude that as in various previous studies, mergers do not improve financial performance at least in the immediate short term. 2009-09-23 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/23090/1/pacheiwala_dissertation.pdf Pacheriwala, Rohit (2009) A Study of Recent Mergers and Acquisitions in India and Their Impact on The Operating Performance and Shareholder Wealth. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Pacheriwala, Rohit
A Study of Recent Mergers and Acquisitions in India and Their Impact on The Operating Performance and Shareholder Wealth
title A Study of Recent Mergers and Acquisitions in India and Their Impact on The Operating Performance and Shareholder Wealth
title_full A Study of Recent Mergers and Acquisitions in India and Their Impact on The Operating Performance and Shareholder Wealth
title_fullStr A Study of Recent Mergers and Acquisitions in India and Their Impact on The Operating Performance and Shareholder Wealth
title_full_unstemmed A Study of Recent Mergers and Acquisitions in India and Their Impact on The Operating Performance and Shareholder Wealth
title_short A Study of Recent Mergers and Acquisitions in India and Their Impact on The Operating Performance and Shareholder Wealth
title_sort study of recent mergers and acquisitions in india and their impact on the operating performance and shareholder wealth
url https://eprints.nottingham.ac.uk/23090/