1.

Record Nr.

UNINA9910254891303321

Autore

Rani Neelam

Titolo

Mergers and Acquisitions [[electronic resource] ] : A Study of Financial Performance, Motives and Corporate Governance / / by Neelam Rani, Surendra Singh Yadav, Pramod Kumar Jain

Pubbl/distr/stampa

Singapore : , : Springer Nature Singapore : , : Imprint : Springer, , 2016

ISBN

981-10-2203-8

Edizione

[1st ed. 2016.]

Descrizione fisica

1 online resource (XXIX, 255 p. 58 illus.)

Collana

India Studies in Business and Economics, , 2198-0020

Disciplina

658.16

Soggetti

Business enterprises—Finance

International business enterprises

Corporate governance

Strategic planning

Leadership

Corporate Finance

International Business

Corporate Governance

Business Strategy and Leadership

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references at the end of each chapters and index.

Nota di contenuto

Part 1: Background -- Chapter 1: Introduction to the Study -- Chapter 2: Review of Literature -- Chapter 3: Objectives, Hypotheses and Research Methodology -- Part 2: Analysis of Short-Term Abnormal Returns -- Chapter 4: Event Study Methodology -- Chapter 5: Short-Term Abnormal Returns of Mergers and Acquisitions -- Part 4: Motives of M&A and Analysis of Long-Term Financial Performance -- Chapter 6: Survey of Management View on Motives for Mergers and Acquisitions -- Chapter 7: Financial Performance Analysis of Mergers and Acquisitions -- Part 5: Impact of Corporate Governance Practices -- Chapter 8: Development of Corporate Governance Index -- Chapter 9: Impact of Corporate Governance Score on Abnormal Returns and Financial Performance -- Part 5: Summary and Conclusions.

Sommario/riassunto

The book examines the market reaction to mergers and acquisitions



(M&A) announcements over a period from 2003 to 2015. Mergers and acquisitions continue to be amongst the preferred competitive options available to the companies seeking to grow fast in the rapidly changing global business scenario. M&A as a growth strategy has received attention from developed as well as emerging economies. It has been extensively used by managers as an expansion strategy and also serves as an important instrument for increasing corporate efficiency. Recently, M&A has grown at a rapid pace, creating a need for research to analyze what drives this phenomenon and how it affects firms and markets. As such, this book evaluates the impact of M&A on short-term abnormal returns as well long-term financial performance. It also assesses the management view concerning the motives for undertaking M&A. In addition, the book investigates the corporate governance practices of the acquiring firms and their impact on the short- term as well as long- term performance of those firms. .