Shareholders' Wealth effects in Cross-border Mergers & Acquisitions

ISBN-13: 9783659459221 / Angielski / Miękka / 2013 / 64 str.

Kalyany Sankar; Harishanker Venugopal

Opis

The recent growth of Cross-Border Mergers and Acquisitions (M&As) in the international arena has been phenomenal. Several factors like worldwide phenomenon of industry consolidation & privatization and the liberalization of economies are responsible for fuelling the growth. Cross-border mergers & acquisitions have been motivated due to multiple reasons, one among them being the necessary to search for new opportunities across different geographic locations and markets in a turbulent and continuously changing environment, the other being to maximise shareholder values. While the magnitude of mergers & acquisitions is undoubtedly high in developed economies, emerging economies like India and China have witnessed an unprecedented growth in merger & acquisition activity in terms of volume and number of deals in recent years. This research investigates the impact on shareholder s wealth of TATA Motors' cross-border acquisition of Ford's ultra-luxury brand Jaguar & Land Rover. It analyses the immediate impact after acquisition announcement and verifies whether the immediate impact is impulsive by observing the impact after a year or more of acquisition.

O autorze

Kalyany Sankar did her M.Phil in Applied Economics from the CDS(Jawaharlal Nehru University). She is interested in teaching and research in the field of Economics. She had taught Economics at both UG and PG levels at DCSMAT, Govt.Women s College and MarIvanios College. Worked as Research assistant at CDS and ICFAI National College.