Corporate Mergers and Acquisitions

In recent years, the concept of mergers and acquisitions has gained momentum in India, both in terms of number and volume. They are effective routes to enhance corporate efficiency and shareholder wealth. Mergers are crucial financial decisions involving huge investments; acquiring a business is much more strategic decision than acquiring an asset. Merger motivations, post-merger financial performance and achievements of the avulsive process are subjects of continuing research. Many researchers in U.K. and U.S.A. have looked into various aspects of mergers. But empirical research in the field of corporate mergers is very scanty in India. This book has its relevance in deducing the merger motivations which help in framing merger strategies, and their subsequent effect on financial performance of companies, especially in terms of shareholders value addition.