A study of mergers & acquisitions in aviation industry in India and their impact on the operating performance and shareholder wealth
The objective of this paper is to study, why organisations take the inorganic mode of expansion. However, the main focus is on studying the operating performance and shareholder value of acquiring companies and comparing their performance before and after the merger. To conduct a uniform research and arrive at an accurate conclusion, we restrict our research to only Indian companies. To get a perspective on India, we study aviation sector. We will test feasibility that mergers improve operating performance of acquiring companies.