Record Details

The Effect of Merger on Performance: Evidence from the UAE

The Ethiopian Journal of Business and Economics

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Field Value
 
Title The Effect of Merger on Performance: Evidence from the UAE
 
Creator Fernandez, M
Kumar, R
 
Subject merger, stock price, operating profit.
 
Description This study analyses the largest banking merger in the Middle East: Emirates Bank International merged with National Bank of Dubai to form the Emirates NBD. The study examines the effect of the merger on the wealth of shareholders and on the operating performance of Emirates NBD. The result shows that during the year surrounding the post-merger period, stock prices increased thereby enhancing the shareholders wealth and the operating performances also improved after the merger.Keywords: merger, stock price, operating profit.
 
Publisher College of Business and Economics, Addis Ababa University
 
Contributor
 
Date 2015-04-14
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.ajol.info/index.php/ejbe/article/view/115665
10.4314/ejbe.v4i1.3
 
Source Ethiopian Journal of Business and Economics (The); Vol 4, No 1 (2014); 83-115
2410-2393
2311-9772
 
Language eng
 
Relation http://www.ajol.info/index.php/ejbe/article/view/115665/105235