Corporate Restructuring through Mergers: A Case of ICICI Bank (Record no. 52617)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 02096nam a2200217 4500 |
| 003 - CONTROL NUMBER IDENTIFIER | |
| control field | OSt |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20190916121032.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 190916b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Wajid, Abdul |
| 9 (RLIN) | 34642 |
| 245 ## - TITLE STATEMENT | |
| Title | Corporate Restructuring through Mergers: A Case of ICICI Bank |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 38-50 p. |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | In the time of financial turbulence, corporate restructuring through mergers is one of the most prominent business strategies for corporates to achieve more significant market share, enhance profitability, expand its reach into the new markets, and also to obtain economies of scale. The objective of this study was to examine the impact of mergers on the short run market performance and long-run operating performance of ICICI Bank, one of the leading private sector banks in India. The present study distinguished itself from others by analyzing three essential measures simultaneously: (a) short run abnormal returns to shareholders, (b) long term operating performance of acquirer, and (c) strategic similarity analysis. Event study methodology, ratio analysis, and strategic similarity analysis were applied to study the short term and long-term performance of ICICI Bank. The findings revealed that the shareholders of ICICI Bank did not respond positively surrounding the announcement of its merger. However, the post-merger financial performance of ICICI Bank improved as was evident in its post-merger ratios and strategic similarity analysis. The Indian banking industry has witnessed a surge in consolidation activities through mergers and acquisitions. This study is rational in today's changing banking business environment to understand the value creation aspects of corporate restructuring moves primarily through mergers. |
| 653 ## - INDEX TERM--UNCONTROLLED | |
| Uncontrolled term | Corporate Restructuring, , , . |
| Uncontrolled term | Merger |
| Uncontrolled term | Event Study Methodology |
| Uncontrolled term | Performance, Banking |
| 700 ## - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Singh, Harjit |
| 9 (RLIN) | 34643 |
| Personal name | Ansari , Abdul Aziz |
| 9 (RLIN) | 34644 |
| 773 0# - HOST ITEM ENTRY | |
| Host Biblionumber | 29384 |
| Host Itemnumber | 76789 |
| Main entry heading | GILANI,S. |
| Other item identifier | 55510849 |
| Title | INDIAN JOURNAL OF FINANCE |
| International Standard Serial Number | 0973-8711 |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Source of classification or shelving scheme | Dewey Decimal Classification |
| Koha item type | Journal Article |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Home library | Current library | Date acquired | Total Checkouts | Full call number | Barcode | Date last seen | Price effective from |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dewey Decimal Classification | Main Library | Main Library | 16/09/2019 | Vol 13, Issue 8/ 55510849JA3 | 55510849JA3 | 16/09/2019 | 16/09/2019 |