@article {Limayejwm.2017.1.059, author = {Ketan C. Limaye and Achut P. Pednekar}, title = {Impact of Company Financials on Wealth of Indian Acquirers}, elocation-id = {jwm.2017.1.059}, year = {2017}, doi = {10.3905/jwm.2017.2017.1.059}, publisher = {Institutional Investor Journals Umbrella}, abstract = {This paper analyzes the effect of the various financial ratios on long term performance of M\&A deals in India in terms of shareholder wealth of acquirers using binary logistic regression. The ratios used were Working Capital / Total Assets, Retained Earnings / Total Assets, Earnings Before Interest and Taxes / Total Assets, Market Value of Equity / Book Value of Total Debt, Total Income / Total Assets, Current Assets / Current Liabilities, Debt / Equity Ratio and Retained Earnings / Profit after Tax. It was found that increase in average Total Income / Total Assets ratio is positively related to M\&A performance.}, issn = {1534-7524}, URL = {https://jwm.pm-research.com/content/early/2017/12/18/jwm.2017.2017.1.059}, eprint = {https://jwm.pm-research.com/content/early/2017/12/18/jwm.2017.2017.1.059.full.pdf}, journal = {The Journal of Wealth Management} }