Исследование влияния слияния и поглощения на финансовые показатели продовольственных и сельскохозяйственных компаний
https://doi.org/10.26794/2587-5671-2022-26-2-38-47
Аннотация
Цель исследования — определение влияния слияний и поглощений (M&A) сельскохозяйственных компаний Индии на различные параметры их финансовой деятельности. Период исследования — с 2011 по 2019 г. Использована методология знакового ранжирования Вилкоксона. Выдвинута гипотеза, что, как отмечается в индийской литературе, происходит значительный рост слияний и поглощений, а также наблюдается существенная разница в операционных и финансовых показателях и доходах акционеров компаний-покупателей в период до и после слияний и поглощений. Результаты исследования показали, что операционный и финансовый коэффициенты и доходность акционеров также демонстрируют значительное улучшение, в то время как коэффициент расходов, связанный с операционным коэффициентом, не демонстрирует улучшения показателей. Авторы делают вывод, что финансовые показатели деятельности индийских сельскохозяйственных компаний после слияний и поглощений в целом улучшились для фирмпокупателей.
Ключевые слова
слияния и поглощения (M&A),
финансовые показатели,
знаковый ранговый тест Вилкоксона,
коэффициентный анализ
JEL: G34, C58, G39
Об авторах
И. Гупта
Университет Амити Уттар Прадеш (AUUP)
Индия
Конфликт интересов:
Индия
Иша Гупта — научный сотрудник колледжа коммерции и финансов Amity.
Нойда
Конфликт интересов:
авторы заявляют об отсутствии конфликта интересов
Т. В. Раман
Институт менеджмента и технологий Бирла (BIMTECH)
Индия
Конфликт интересов:
Индия
Таникелла Венката Раман — MBA, PhD в области менеджмента, доцент кафедры бухгалтерского учета и финансов.
Нойда
Конфликт интересов:
авторы заявляют об отсутствии конфликта интересов
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Рецензия
Для цитирования:
Гупта И., Раман Т.В. Исследование влияния слияния и поглощения на финансовые показатели продовольственных и сельскохозяйственных компаний. Финансы: теория и практика/Finance: Theory and Practice. 2022;26(2):38-47. https://doi.org/10.26794/2587-5671-2022-26-2-38-47
For citation:
Gupta I., Raman T.V. A Study on Impact of Merger and Acquisition on Financial Performance of Agri-Food Companies. Finance: Theory and Practice. 2022;26(2):38-47. https://doi.org/10.26794/2587-5671-2022-26-2-38-47
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