PT  - JOURNAL ARTICLE
AU  - Ketan C. Limaye
AU  - Achut P. Pednekar
TI  - Impact of Company Financials on Wealth of Indian Acquirers
AID  - 10.3905/jwm.2017.2017.1.059
DP  - 2017 Dec 16
TA  - The Journal of Wealth Management
PG  - jwm.2017.1.059
4099  - https://pm-research.com/content/early/2017/12/18/jwm.2017.2017.1.059.short
4100  - https://pm-research.com/content/early/2017/12/18/jwm.2017.2017.1.059.full
AB  - This paper analyzes the effect of the various financial ratios on long term performance of M&A deals in India in terms of shareholder wealth of acquirers using binary logistic regression. The ratios used were Working Capital / Total Assets, Retained Earnings / Total Assets, Earnings Before Interest and Taxes / Total Assets, Market Value of Equity / Book Value of Total Debt, Total Income / Total Assets, Current Assets / Current Liabilities, Debt / Equity Ratio and Retained Earnings / Profit after Tax. It was found that increase in average Total Income / Total Assets ratio is positively related to M&A performance.