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Indian Journal of Finance

ISSN: 0973-8711 Frequency: Monthly Peer Review: Double-blind Published since: 2007 Language: English
A publication of AMCPL
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Original Article

Open Access Original Article

Mergers & Acquisitions and Their Impact on Corporate - Values: Pre and Post-Merger Analysis of Indian Banks

Bigyan Prakash Verma1,  Pranab Maji2,  Santosh Nair3

1 Senior Professor – Corporate Finance Kohinoor Business School, Khandala – 410301, Pune, Maharashtra

2 Assistant Professor – Statistics & Quantitative Finance, Kohinoor Business School, Khandala – 410301, Pune, Maharashtra

3 Assistant Professor – Finance & Economics Kohinoor Business School, Khandala – 410301, Pune, Maharashtra

Volume 7
Issue 2
Pages 5–16
Year 2013
Published: Feb. 1, 2013
Abstract

Primarily, the focus of the present study is on Mergers&Acquisitions, and how they have impacted Indian banks' corporate-values by analyzing both their pre&post-merger-performance. The period of the study ranged between the years 2000 and 2010. The researchers applied the techniques of Economic Value Added (EVA of Stern Stewart&Co.) to evaluate the performances of the chosen institutions in both the periods ( pre and post merger periods). The results signal towards the dynamism and resilience of the Indian economy. The researchers concluded that Indian banks, albeit small in comparison to their global counterparts, are taking great strides not only within the continental shelf of India, but even beyond its borders too.

Keywords Mergers & Acquisitions EVA WACC
How to Cite

Bigyan Prakash Verma, Pranab Maji, Santosh Nair (2013). Mergers & Acquisitions and Their Impact on Corporate - Values: Pre and Post-Merger Analysis of Indian Banks. Indian Journal of Finance, 7(2), 5–16.

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