Abstract
This study investigates the effects of mergers and acquisitions (M & A) on the operating performance of the acquirer banks in Pakistan. For this purpose, a sample of 18 transactions, involving acquirer banks, listed on the Karachi Stock Exchange, is used. The Financial Ratio Analysis (FRA) is used to determine the effects of M & A. The significance of change in the operating performances is tested through a paired sample t-test. The results indicate deterioration in the performances of the acquirer banks in the post-merger period.
Keywords: M & A, mergers and acquisitions, financial ratio analysis, ratios, profitability, liquidity, capital adequacy, performance, Pakistan
How to Cite:
Shah, B. A. & Khan, N., (2017) “Impacts of Mergers and Acquisitions on Acquirer Banks’ Performance”, Australasian Accounting, Business and Finance Journal 11(3), 30-54. doi: https://doi.org/10.14453/aabfj.v11i3.4
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