Purpose Mergers and Acquisitions (M&A) are an essential corporate growth strategy to survive in t... more Purpose Mergers and Acquisitions (M&A) are an essential corporate growth strategy to survive in this competitive world. The primary objective of this study is to examine the determinants of the payment methods (cash, stock, mixed) of M&A and also to find out the impact of the M&A announcement on the short-term stock performance of the Indian non-financial acquirer companies. This study aims to identify the trends of payment methods of M&A used by companies from top ten M&A leading countries with special attention to India. The study observes the short-term stock performance of the Indian acquiring companies due to the announcement of different payment methods in M&A deals. The study investigates the Indian acquiring company’s stock performance due to the announcement of different types of deals as per the listing status of the target firm, industry relatedness and the acquired stake in M&A deals. Methodology To carry out this empirical study, secondary data relating to M&A deals wer...
The purpose of this study is to survey the effect of demonetisation on digital financial inclusio... more The purpose of this study is to survey the effect of demonetisation on digital financial inclusion in India and also analyse the attitude and perception of villagers towards digital financial services. The survey is carried out by taking both primary and secondary data. The primary data we have collected by asking questionnaire to the lower income villagers having bank accounts from Basundhara coal mines area of Sundergarh district, Odisha and secondary data from Economic Outlook of CMIE Prowess database. A total of 127 respondents have answered 12 statements in five point likert scale. The scale is designed to judge the degree of agreement with the statements which are based on demonetisation impact on digital financial inclusion. The descriptive statistics and paired t-test are used to analyse the data. The findings suggest that the demonetisation has positively affected the digital financial services provided by the bank. It also found that the villagers are perceived that the us...
International Journal of Accounting and Financial Reporting
Purpose: This paper aims to review the prior literature on payment methods in Mergers and Acquisi... more Purpose: This paper aims to review the prior literature on payment methods in Mergers and Acquisitions (M&As) and summarizing its effects on the performance of companies involved in M&As. This study also attempts to find out various determinants of the payment methods of M&As that affects the decision of payment methods in M&As. Methodology: To carry out the analysis, this study focuses the past literature relating to payment methods in M&As and summarizes the positive and negative effects of different payment methods. The review is carried out by dividing into four parts (i) Literature studies on cash payment method (ii) Literature studies on stock payment method (iii) Literature studies on mixed payment and (iv) Determinants of payment methods. The paper investigates based on the findings of the major studies.Research limitations: The scope of the study is confined to the contemporary review of M&As literature than the empirical survey. The study is focused more on giving suggesti...
Purpose Mergers and Acquisitions (M&A) are an essential corporate growth strategy to survive in t... more Purpose Mergers and Acquisitions (M&A) are an essential corporate growth strategy to survive in this competitive world. The primary objective of this study is to examine the determinants of the payment methods (cash, stock, mixed) of M&A and also to find out the impact of the M&A announcement on the short-term stock performance of the Indian non-financial acquirer companies. This study aims to identify the trends of payment methods of M&A used by companies from top ten M&A leading countries with special attention to India. The study observes the short-term stock performance of the Indian acquiring companies due to the announcement of different payment methods in M&A deals. The study investigates the Indian acquiring company’s stock performance due to the announcement of different types of deals as per the listing status of the target firm, industry relatedness and the acquired stake in M&A deals. Methodology To carry out this empirical study, secondary data relating to M&A deals wer...
The purpose of this study is to survey the effect of demonetisation on digital financial inclusio... more The purpose of this study is to survey the effect of demonetisation on digital financial inclusion in India and also analyse the attitude and perception of villagers towards digital financial services. The survey is carried out by taking both primary and secondary data. The primary data we have collected by asking questionnaire to the lower income villagers having bank accounts from Basundhara coal mines area of Sundergarh district, Odisha and secondary data from Economic Outlook of CMIE Prowess database. A total of 127 respondents have answered 12 statements in five point likert scale. The scale is designed to judge the degree of agreement with the statements which are based on demonetisation impact on digital financial inclusion. The descriptive statistics and paired t-test are used to analyse the data. The findings suggest that the demonetisation has positively affected the digital financial services provided by the bank. It also found that the villagers are perceived that the us...
International Journal of Accounting and Financial Reporting
Purpose: This paper aims to review the prior literature on payment methods in Mergers and Acquisi... more Purpose: This paper aims to review the prior literature on payment methods in Mergers and Acquisitions (M&As) and summarizing its effects on the performance of companies involved in M&As. This study also attempts to find out various determinants of the payment methods of M&As that affects the decision of payment methods in M&As. Methodology: To carry out the analysis, this study focuses the past literature relating to payment methods in M&As and summarizes the positive and negative effects of different payment methods. The review is carried out by dividing into four parts (i) Literature studies on cash payment method (ii) Literature studies on stock payment method (iii) Literature studies on mixed payment and (iv) Determinants of payment methods. The paper investigates based on the findings of the major studies.Research limitations: The scope of the study is confined to the contemporary review of M&As literature than the empirical survey. The study is focused more on giving suggesti...
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Papers by Bijay Sankar