Abstract
Mergers and Acquisitions have emerged as a major force for developing financial and economic environment due to increased market competition both in national and international market, excessive interdependence of companies for different products and services etc. The entire business world is looking forward towards sustainable growth and development. Sustainability issues are gaining ground in terms of business transactions due to the combined efforts of the merged business undertakings. The primary objective for this research paper is to evaluate the impact of mergers and acquisition of the companies sector wise and to identify the factors affecting mergers and acquisition of companies in current scenario. For this purpose, researcher has analyzed the mergers and acquisitions in five different sectors by allowing for both pre and post business position of the amalgamated companies. Records are basically collected from secondary sources and compiled for an effective presentation.
Keywords: Mergers and Acquisition, Sustainability, Earnings per Share, Price Earnings Ratio, Return on Asset, Return on Equity
1) K Seethapathi and GRK Murthy (2004). Mergers and Acquisition VOL. I. Nagarjuna hills, Hyderabad, India: ICFAI University Press.
2) K Seethapathi and GRK Murthy (2004). Mergers and Acquisition VOL. IV. Nagarjuna hills, Hyderabad, India: ICFAI University Press.
3) Shashi K. Gupta and Arun Mehra (2017). Financial Statement Analysis and Reporting.Noida, Uttar Pradesh, India: Kalyani Publishers.
4) Amish Bharatkumar Soni(2016), M&A in India and its impact on shareholders wealth, IOSR Journal of Business & Management, 18(16), ISSN:2278-487X
5) Bijay Gupta, Dr. Parimalendu Banerjee(2017), Impact of mergers and acquisition on financial performance-Evidence from selected companies in India, International Journal of Commerce and Management Research, ISBN-978-93-85895-57-9
6) Harpreet Singh Bedi(2010), M&A in India: An analytical study
7) Ms. Mani Arora and Mr. Anil Kumar(2012), A study on M&A-its impact on management and employees, The International Journal’s Research Journal of Economics and Business Studies, 1(5), ISSN:2251-1555
8) Dr. M.Yadagiri and M.Vijay Kumar(2017), Sectorwise Analysis of Mergers and Acquisitions in India, Abhinav National Monthly Refereed Journal of Research in Commerce and Management ,6(7), Online ISSN-2277-1166
9) Priya Bhalla(2014), M&A in India:A Sectoral Analysis, International Journal of Business and Economic Development,2(2)
10) Purvi Dipen Derashri and Dr. Hitesh Shukla(2014), Peer Reviewed International Journal,3(4), Online ISSN:2347-5587
11) Viral Upendra Bhai Pandya (2018), Mergers and Acquisition Trends- the Indian experience, International Journal of Business Administration ,9(1),ISSN:1923-4007.doi:10.5430/ijbav9nlp44
12) Jens Kengelbach, Georg Keienburg, Timo Schmid, Snoke Sievers, Ketil Gjerstad, Jesper Nielson and Decker Walker (2017). The 2017 Mergers and Acquisitions report: The technology takeover. Retrieved from https://www.bcg.com/en-in/publications/2017/corporate-development-finance-technology-digital-2017-m-and-a-report-technology-takeover.aspx 13) Merger and Acquisitions deal volume at 7 years high in 2017 with 1022 transactions. Retrieved from https://economictimes.indiatimes.com