@article {Limaye110, author = {Ketan C. Limaye and Achut P. Pednekar}, title = {Impact of Company Financials on Wealth of Indian Acquirers}, volume = {20}, number = {4}, pages = {110--120}, year = {2018}, doi = {10.3905/jwm.2017.2017.1.059}, publisher = {Institutional Investor Journals Umbrella}, abstract = {This article analyzes the effect of the various financial ratios on the 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 increases in average Total Income/Total Assets ratio are positively related to M\&A performance.TOPICS: Private equity, fundamental equity analysis, emerging, performance measurement}, issn = {1534-7524}, URL = {https://jwm.pm-research.com/content/20/4/110}, eprint = {https://jwm.pm-research.com/content/20/4/110.full.pdf}, journal = {The Journal of Wealth Management} }