TY - JOUR T1 - Impact of Company Financials on Wealth of Indian Acquirers JF - The Journal of Wealth Management DO - 10.3905/jwm.2017.2017.1.059 SP - jwm.2017.1.059 AU - Ketan C. Limaye AU - Achut P. Pednekar Y1 - 2017/12/16 UR - https://pm-research.com/content/early/2017/12/18/jwm.2017.2017.1.059.abstract N2 - 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. ER -