Impact of merger and acquisition announcements on stock return, volatility and liquidity of acquirers: evidence from the Indian banking sector / Pinky Mal and Kapil Gupta

• Main Authors: Mal, Pinky, Gupta, Kapil
• Format: Article
• Language: English
• Published: Accounting Research Institute (ARI), Universiti Teknologi MARA, Shah Alam 2020
• Subjects: Investment, capital formation, speculation; Investment companies. Investment trusts. Mutual funds; Foreign investments. Country risk; Stock exchanges. Insider trading in securities
• Online Access: https://ir.uitm.edu.my/id/eprint/31041/1/31041.pdf; https://ir.uitm.edu.my/id/eprint/31041/; https://mar.uitm.edu.my/

This study attempts to examine the stock behaviour of acquirer banks during pre and post-merger and acquisition (M&A) announcement period in the Indian banking sector. Data of M&A events that took place in the Indian banking sector during 2000-2018 was collected from the prowessdx database....