BIBLIOGRAPHY

A direct measure of financial slack as defined by Myers and Majluf (1984) op. cit., and also used by Asquith and Millins (1986) op. cit is as follows : A. Agarwal and G. Mamdelkar, "Managerial Incentives, Corporate Financing and Investment Decisions," journal of Finance, 42 (September 1987), pp. 823-838. A. Belkaoui, "Financial Ratios as Predictors of Canadian Takeovers," journal of Business Finance and Accounting, vol.5, no.1,1978. A. Berk and G. Means, The Modern Corporation and Private (New York: Macmillan co., 1932). A. Buckley (1972), op. cit. Ajit Singh, Takeovers, Their Relevance to Stock Market and Theory of the firm (Cambridge University press,1971). Allan Hughes, Dennis C Mueller and Ajit Singh, "Hypotheses about Mergers", in Determinants and Effects of Mergers, 1980, op. cit., pp. 27-65. Allan J. Averbach and David Reishus, " The effects of Taxation on Merger Decisions," In Corporate Takeovers : Causes and Consequences, edited by Allan J. Averbach (Cicago : The University of Chicago Press, 1988), pp. 157-83. Allan R Beckenstein, Merger Theories : An Empirical Investigation, Anti trust Bulletin, 24 , pp. 105-28. Allesandra Sindra and Paola Dubini, "Predicting success after the Acquisition: The Creation of a Corporate Profile", in the Management of Corporate Acquisition, Edited by George Von Krogh, Allesandra and Sinotra and Harbir Singh (London: Macmillan press, 1994), pp 484. An efficient Market is defined as one where share price fully incorporates ale available information in that security and share price provides accurate signals for resource allocation. Studies on British and American stock markets have shown them to be efficient. An event was classified as tender offer if the firm purchased at least 60% of target firms' shares by tender offer and later bought the remaining shares as clan up merger

Andrew Cosh, Alan Hughes and Ajit Singh, "The Causes and Effects of Takeovers

in United Kingdom : An Empirical investigation of late 1960's at Microeconimic level," in Deteraminants and effects of mergers by D.C. Mueller, 1980, op cit. pp. 227-270. Anju Seth, "Value Creation in Acquisitions : A Re-examination of Performance Issues," Strategic Mangement journal,11 (1990), pp. 99-115. Anup Agarwal, Jeffrey F. Jaffe and G.Mandelkar, "The post Merger Performance of Acquiring Firms : A Re-examination of an Anamoly," journal of Financial, Vol. 17. No.4 (September 1992), pp. 1605-1621. As done by A. ingh (1975), op.cit. B.E. Eckbo, "Assessing the Anti Competitive Significance of Large Mergers", Working Paper, University of Rochester,Graduate School of Management, 1981. Bhatnagar R.G.,2002: M&AThe Key to Survival, Mergers & Acquisitions - New Prespectives, ICFAI Press, pp 167-172 Biswas Joydeep,2004 : Corporate Mergers & Acquisitionsin India Indian Journal of Accounting Vol. XXXV(1), pp.67-72 cash equivalents and marketable securities). Common Equity + Preference Stock D.C. Mueller (1980), op. cit., pp. 314-315. D.C. Muller, "A Theory of Conglomerate Mergers", Quarterly journal of Economics, Vol.83, 643,1969. D.C. Muller, Mergers : Theory and Eidence" in Mergers and Acquisitions : Critical Perspective on Business and Management ed. By Simon Peck and Paul Temple (London and New York : Routledge, 2002), pp. 281-310. D.R. Kummer and J.R. Hoffmeister, "Valuation Consequences of Cash Tender Offers", journal of finance, 33 (May 1978), pp. 505-16. David J. Ravenscraft and F.M. Scherer, op. cit. pp.43. David J. Ravenscraft and F.M. Scherer, "The Long Run Performance of Mergers and Takeovers", in Public Policy Towards Corporate Takeovers, Edited by Murray L. Weidenbaum and Kenneth W. Chilton (USA Transction Publishers, 1987).

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Dennis C. Mueller, The Determinants and Effects of Mergers: An International Comparison, Edited by D.C, Mueller (Cambridge: Gunn & Hain Publishers Inc, 1980). Develop by EF. Fama, L. Fisher, M.G. Jenson and Richard roll, op. cit. Devra L. Globe and Lawrence J. White, "A Time Series Analysis of Mergers and Acquisitions," in Corporate Takeovers : Causes and Consequences, edited by Allan J. Averbach (Chicago : University of Chicago Press, 1988) pp. 265-301. Divesh S. Sharma and Jonathan HO, "The Impact of Acquisitions on Operating Performance : Some Australian Evidence," journal of Business Finance and Accounting, 29 (1) & (2), January-March 2002, pp.155-200. Donald L.Stevens, "Financial Characteristics of Merged Firms: A Multivariate Analysis," journal of Financial and Quantitative Analysis, 8 (March 1973), pp. 149-158. Douglas Kuehn (1975), op. cit. Douglas Kuehn, 1975, op. cit. Douglas Kuehn, Takeovers and Theory of the Firm (London : Macmillin, 1975). E. Berkovitch and m.p. Narayanan, "Motives for Takeovers : An Empirical Investigation," journal of financial and Quantitative Analysis,(1990), pp. - 356. F.R.Jervis, The Economics of Merger (Routledge and Kegan Paul Ltd., 1971), pp. 144. Fred J. Weston, " Tests of Efficiency Performance of Conglomerate Firms," journal of Finance, Septemer 1971, pp. 25-39. Fred j. Weston, The Role of Large Firms (Berkeley : University of Califonia Press, 1953). Fred J. Weston, The Role of Mergers in Growth of Large Firms (Berkeley and Ls Angeles : University of California Press, 1961) Chapter 5 G. Mandelkar (1974), op. cit., pp. 110-120. G. Mandelkar (1974), op.cit. G. Mandelker, "Risk and Return : Case of Margins", journal of financial economics (January 1974), pp,110-121.

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G. Meeks, Disappointing Marriage : A Study of Gain from Mergers (Cambridge University Press, 1977). G.D. New bound (1970), op. cit. G.D.Newbound, Management and Merger Activity (U.K. : Guthsheid Limited, 1970). G.Meeks (1977) op. cit. George j. Stigler, "Monopoly and Oligopoly by Merger", American Economic Review, 40 (May 1950), pp. 23-34. Gershon Mandelkar, "Risk and Return : The case of Merging Firms", jouranal of financial Economics (January,1974), pp110-121 Ghosh Arindam and Das Bratati, 2003 : Merger & Takeovers, The Management Account, pp. 543-545 ibid ibid, pp.30 Ibid. Ibid. ibid. pp.44. ICFAI-ARF GROUP, 2004 : Procedure for Merger and Amalgamation, The Chartered Accountant, pp. 1234-1239 Ivan E. Brick, Lwrence J. Haber and Daniel Weaver, "Financial Motives in Conglomerate Merger : An Empirical Test", in Mergers and Acquisitions, edited by Michael Keenam and Lawrence J. White (New York : Lexingtn Books, 1982), pp. 205-221. J. Franks and R. Harris, "Shareholder Wealth Effects of Corporate Takeovers : The U.K. Experience 19551985," journal of financial Economics, vol.23, 1989, pp. 225-249. J. Kitching, "Why do Mergers Miscarry?", Harvard Business Review, November- December 1967,pp. 4047.