A Study on Impact of Merger and Acquisition on Financial Performance of Agri-Food Companies

The purpose of this study is to explore the expansion of merger and acquisition (M&A) literature in the context of Indian studies and examine the impact of mergers and acquisitions on various financial performance parameters of India’s Agri-Food companies. The period of study is from 2011 to...

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Main Authors: I. Gupta, T. V. Raman
Format: Article
Language:Russian
Published: Government of the Russian Federation, Financial University 2022-04-01
Series:Финансы: теория и практика
Subjects:
Online Access:https://financetp.fa.ru/jour/article/view/1573
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author I. Gupta
T. V. Raman
author_facet I. Gupta
T. V. Raman
author_sort I. Gupta
collection DOAJ
description The purpose of this study is to explore the expansion of merger and acquisition (M&A) literature in the context of Indian studies and examine the impact of mergers and acquisitions on various financial performance parameters of India’s Agri-Food companies. The period of study is from 2011 to 2019, and Wilcoxon Sign Rank methodology has been used. The study hypothesized that there is significant growth in Indian literature of M&A and there is a significant difference in the operating performance, financial performance and shareholders’ return of acquiring firms during the period of pre-M&A and post-M&A. The study findings state that the literature of M&A in India increases significantly, and the operating ratio, financial ratio, and shareholder return also exhibit a significant improvement whereas the expense ratio related to the operating ratio shows no improvement in performance. The study concludes that the India Agri-Food company’s financial performance has improved overall for the acquiring firms during the post-M&A period.
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record_format Article
series Финансы: теория и практика
spelling doaj-art-3f50a302bd8945439c9c8181da9568cf2025-08-20T03:00:42ZrusGovernment of the Russian Federation, Financial UniversityФинансы: теория и практика2587-56712587-70892022-04-01262384710.26794/2587-5671-2022-26-2-38-47912A Study on Impact of Merger and Acquisition on Financial Performance of Agri-Food CompaniesI. Gupta0T. V. Raman1Amity University Uttar Pradesh (AUUP)Birla Institute of Management and Technology (BIMTECH)The purpose of this study is to explore the expansion of merger and acquisition (M&A) literature in the context of Indian studies and examine the impact of mergers and acquisitions on various financial performance parameters of India’s Agri-Food companies. The period of study is from 2011 to 2019, and Wilcoxon Sign Rank methodology has been used. The study hypothesized that there is significant growth in Indian literature of M&A and there is a significant difference in the operating performance, financial performance and shareholders’ return of acquiring firms during the period of pre-M&A and post-M&A. The study findings state that the literature of M&A in India increases significantly, and the operating ratio, financial ratio, and shareholder return also exhibit a significant improvement whereas the expense ratio related to the operating ratio shows no improvement in performance. The study concludes that the India Agri-Food company’s financial performance has improved overall for the acquiring firms during the post-M&A period.https://financetp.fa.ru/jour/article/view/1573mergers and acquisitions (m&a)financial performancewilcoxon sign rank testratio analysis
spellingShingle I. Gupta
T. V. Raman
A Study on Impact of Merger and Acquisition on Financial Performance of Agri-Food Companies
Финансы: теория и практика
mergers and acquisitions (m&a)
financial performance
wilcoxon sign rank test
ratio analysis
title A Study on Impact of Merger and Acquisition on Financial Performance of Agri-Food Companies
title_full A Study on Impact of Merger and Acquisition on Financial Performance of Agri-Food Companies
title_fullStr A Study on Impact of Merger and Acquisition on Financial Performance of Agri-Food Companies
title_full_unstemmed A Study on Impact of Merger and Acquisition on Financial Performance of Agri-Food Companies
title_short A Study on Impact of Merger and Acquisition on Financial Performance of Agri-Food Companies
title_sort study on impact of merger and acquisition on financial performance of agri food companies
topic mergers and acquisitions (m&a)
financial performance
wilcoxon sign rank test
ratio analysis
url https://financetp.fa.ru/jour/article/view/1573
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