000			01485nam a2200181 4500
999			_c52959 _d52959
003			OSt
005			20191128150400.0
008			191128b ||||| |||| 00| 0 eng d
100			_aSatapathy , Debi Prasad _935167
245			_aDoes Corporate Governance Influence Acquiring Firm Performance? Evidence from IT and Ites Industry
300			_a7-25 p.
520			_aThe purpose of the study is to investigate the effect of corporate governance mechanism on acquiring firm performance of IT and ITES industries. The study has used a sample of 38 mergers in the IT sector of Indian firms during the period 2004-2014. The abnormal returns of the acquiring firm have been estimated by applying event study methodology and the impact of corporate governance mechanism is analyzed by using cross-sectional regression analysis. The result of the study shows that corporate governance variables, namely, board size, board independence, and CEO duality, do influence the acquiring firm performance. The present study shows that acquiring firm generates positive wealth effect to the shareholders in different window periods. The study also found that leverage of the firm is a significant control variable that influences the acquiring firm performance.
653			_aCorporate takeover
653			_aIT and ITES industries.
700			_aMohapatra, S R _935168
773	0		_030417 _977338 _aMURTHY, E N _dIUP PUBLICATION HYDERABAD _o55511149 _tCORPORATE GOVERNANCE
942			_2ddc _cJA-ARTICLE