Authors: Amarjit Gill; Harvinder S. Mand; John D. Obradovich; Vivek Nagpal
Addresses: The University of Saskatchewan, Edwards School of Business, 25 Campus Drive, Saskatoon, SK, S7N-5A7, Canada ' University College, Ghudda (Bathinda), District Bathinda, East Punjab, India ' Liberty University, 1971 University Blvd., Lynchburg, VA. 24502, USA ' Rashtriya Uchchatar Shiksha Abhiyan (RUSA), National Higher Education Mission, Department of Higher Education, Ministry of Human Resource Development (MHRD), Government of India, New Delhi 110001, India
Abstract: By applying a co-relational research design, this study examined the association between merger and operational efficiency of US production firms. A sample of 467 listed US production firms for a period of four years (from 2010-2014) was analysed. The findings of this study indicate that merger plays some role in improving the operating efficiency of US production firms. This study contributes to the literature on the factors that improve operational efficiency of the firm, and in particular on the association between merger and various components of operational efficiency. The findings may be useful for financial managers, investors, financial management consultants, and other stakeholders.
Keywords: merger; operational efficiency; corporate governance; USA.
International Journal of Business and Globalisation, 2017 Vol.18 No.4, pp.453 - 466
Received: 08 Mar 2016
Accepted: 06 Apr 2016
Published online: 08 May 2017 *