Abstract
The objective of the study is to estimate the impact of mergers and acquisitions on banking and textile sector of Pakistan during 2004 to 2012 by applying the data envelopment analysis. Three years pre and post mergers and acquisitions financial statements were examined. Cause behind cherry-picking the both sectors is the importance in expansion of economy. Banking sector is the finance supplier while textile is the large manufacturing and exporting sector of Pakistan. From the findings it was apparent that after mergers and acquisitions Trust Bank, Crescent Bank, Faysal Bank and Standard Chartered Bank improved their efficiency and Summit Bank, National Investment Bank, Jahangir Siddiqui Investment Bank and Atlas Bank unsuccessful to achieve their objectives. On the other hand, Shehzad Textile Mills Ltd., Colony Mills Ltd. and Dawood Lawarencepur Ltd. enhanced efficiency after mergers and acquisitions and Saritow Spinning Mills Ltd, Nishat Chunian Ltd. and Kohinoor Weaving Mills Ltd. failed to improve their efficiency.

Muhammad Aamir, Muhammad Asif, Dr. Junaid Zafar. (2017) Impact of Mergers and Acquisitions on Banking and Textile Sector of Pakistan by Applying the Data Envelopment Analysis, Paradigms , Vol 11, Issue 2 .
  • Views 1832
  • Downloads 0

Article Details

Journal
Volume
Issue
Type
Language


Recent Volumes