Deal Size and Synergy Gains: A Case of Indian M&A

Autor:	Anjala Kalsie, Neha Singh
Jazyk:	angličtina
Rok vydání:	2023
Předmět:	Management. Industrial management HD28-70 Business HF5001-6182
Zdroj:	Vikalpa, Vol 48 (2023)
Druh dokumentu:	article
ISSN:	0256-0909 2395-3799 02560909
DOI:	10.1177/02560909231216186
Popis:	The article aims to estimate the relationship between synergy gains and deal size of mergers & acquisitions for Indian firms by examining deals that took place between 2005 and 2015. The paper employs principal component analysis to create a composite variable representing operating and financial synergy, followed by instrument variable 2SLS regression to estimate the relationship. The results suggest that small dealsize transactions do considerably better than large deals. The magnitude of financial synergy increases with deal size . However, large companies suffer substantial operating synergistic erosion.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/39d199ebc3e343cd811d1d92d23e3beb Zobrazit plný text záznamu View record in DOAJ Plný text ve formátu PDF Plný text ve formátu HTML
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