Impact of post mergers and acquisition on capital structure of the firm: A study of selected Indian bidding firms
Dr. Manoj Kumara NV
Corporate restructuring have boosts significant decisions. Since Industrial Policy 1991, Indian companies have been drastically explored to both national and international markets with better competitiveness. Henceforth, firms have started corporate integration and restructuring their operational activities around their core business through Mergers and Acquisitions. The present study is mainly dependent and collected data through secondary source. The present study has been carried out at micro level study. The companies stated in the analysis were chosen based on the high deal value Mergers and Acquisitions. The study examines the capital structure and its impact of profitability of merged firms from 2009-2015. The study results decline of earnings to equity share holders and declined in profits. Hence these selected companies have to reduce their excess payment to the target firm and try to make use the funds effectively.