Measurement of value creation of Select Indian LBO companies using EVA technique
Suman Patra
Value creation is a crucial task for every corporate enterprise. Most of the enterprise creates value by adopting the policy of merger, acquisition, take over, spin off, leveraged buyout etc. This study attempt to examine financial performance as well as value creation of Select Indian Leveraged Buyout companies through EVA technique. This study covers a period of eight years from 2002-03 to 2009-10 for the purpose of determining the value of the select Indian companies which have undergone leveraged buyout. Economic Value Added (EVA) technique has been applied for deriving the value on the select Indian companies. The result indicates that Leveraged Buyout (LBO) has immediate significant impact on financial performance of the select Indian companies and thereafter performance is deteriorated over the study period.
Suman Patra. Measurement of value creation of Select Indian LBO companies using EVA technique. Int J Res Finance Manage 2020;3(1):105-113. DOI: 10.33545/26175754.2020.v3.i1b.64