Overview
- Presents a comprehensive analysis of the long-term and short-term performance of M&A
- Uses the corporate governance index to study the impact of corporate governance practices on the performance of M&A
- Provides a useful resource for students/researchers in finance as well as finance professionals
- Includes supplementary material: sn.pub/extras
Part of the book series: India Studies in Business and Economics (ISBE)
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Table of contents (8 chapters)
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Front Matter
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Back Matter
Keywords
About this book
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.
Authors and Affiliations
About the authors
Neelam Rani is an Assistant Professor at Indian Institute of Management Shillong, India. She obtained her PhD from Indian Institute of Technology Delhi. She has been a Fulbright Visiting Scholar at Rutgers Business School, The State University of New Jersey, Newark. She is a recipient of various awards such as NSE prize for Best Thesis in Financial Economics, outstanding paper awards by Amity International Business School, Noida in 2013 and Indian Institute of Capital Markets, Mumbai in 2014. She has been awarded the 3E Innovative Young Researcher Award. She has 20 years of teaching and research experience in subjects related to management accounting, financial management, costing and engineering economics and industrial economics. She has contributed/presented more than 75 papers in journals and conferences.
Surendra S. Yadav is a Professor of Finance at the Department of Management Studies, Indian Institute of Technology (IIT Delhi), India. He was the Head of the Department of Management Studies for six years. He teaches corporate finance, international finance, international business, and security analysis and portfolio management. He has been a visiting professor at the University of Paris, Paris School of Management, INSEEC Paris, and the University of Tampa, USA. He has published 12 books and contributed more than 230 papers to research journals and conferences. He has also contributed more than 30 papers to financial/ economic newspapers. He is the editor-in-chief of the Journal of Advances in Management Research (JAMR) published by Emerald Publishing, UK.
P.K. Jain is a Professor of Finance and the Modi Chair Professor at the Department of Management Studies, Indian Institute of Technology (IIT Delhi), India. He has been the Dalmia Chair Professor as well. Recently, he has been awarded with ‘Best Faculty Award’ at IIT Delhi. He has more than 40 years of teaching experience in subjects related to management accounting, financial management, financial analysis, cost analysis and cost control. He has been a visiting faculty at the AIT Bangkok; University of Paris; Howe School of Technology Management at Stevens Institute of Technology, New Jersey; and ICPE, Ljubljana. He has authored three well-known text books published by TMH and more than tenresearch monographs. He has contributed more than 150 research papers in journals of national and international repute.
Bibliographic Information
Book Title: Mergers and Acquisitions
Book Subtitle: A Study of Financial Performance, Motives and Corporate Governance
Authors: Neelam Rani, Surendra Singh Yadav, Pramod Kumar Jain
Series Title: India Studies in Business and Economics
DOI: https://doi.org/10.1007/978-981-10-2203-6
Publisher: Springer Singapore
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: Springer Science+Business Media Singapore 2016
Hardcover ISBN: 978-981-10-2202-9Published: 22 September 2016
Softcover ISBN: 978-981-10-9559-7Published: 22 April 2018
eBook ISBN: 978-981-10-2203-6Published: 15 September 2016
Series ISSN: 2198-0012
Series E-ISSN: 2198-0020
Edition Number: 1
Number of Pages: XXIX, 255
Number of Illustrations: 58 b/w illustrations
Topics: Corporate Finance, International Business, Corporate Governance, Business Strategy/Leadership
Industry Sectors: Finance, Business & Banking