THE STUDY OF MERGER AND ACQUISITIONS (VALUE CREATION AND RISK MANAGEMENT)

Abstract

This research paper delves into the multifaceted domain of mergers and acquisitions (M&A), 
focusing on the twin objectives of value creation and risk management. It provides a 
comprehensive analysis of the M&A process, including the strategic, financial, and operational 
stages involved from initiation to integration. The study examines the legal and regulatory 
frameworks governing M&A transactions, highlighting key statutes and compliance 
requirements that shape corporate restructuring in both domestic and international contexts. 
Through detailed case studies, the paper illustrates real-world examples of successful and failed 
mergers, drawing lessons on best practices and pitfalls. Additionally, the research incorporates 
empirical data collected through a structured questionnaire aimed at capturing industry 
perspectives on M&A performance, synergy realization, and risk mitigation strategies. The 
findings aim to enhance understanding of how value is created or destroyed through M&A 
activities and to identify the critical factors that influence the success of such corporate 
endeavors. This paper ultimately seeks to contribute to the body of knowledge in corporate 
finance and strategic management by offering insights for academics, practitioners, and 
policymakers involved in merger and acquisition decisions.
Merger and Acquisition had been the most popular means of inorganic expansion of companies 
over the years. It is extensively used for restructuring the business organizations. This research 
study attempts to evaluate the impact of pre and post financial performance of the acquirer 
companies. This will be done by comparing the pre-merger and post-merger performance of 
the acquirer company in selected M & A deals in India in two periods