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International Journal of Creative and Open Research in Engineering and Management

A Peer-Reviewed, Open-Access International Journal Supporting Multidisciplinary Research, Digital Publishing Standards, DOI Registration, and Academic Indexing.
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ISSN: 3108-1754 (Online)
Crossref DOI: Available
ISO Certification: 9001:2015
Publication Fee: 599/- INR
Compliance: UGC Journal Norms
License: CC BY 4.0
Peer Review: Double Blind
Volume 02, Issue 05

Published on: May 2026

POST-MERGER WEALTH EFFECTS AND STRATEGIC ENTREPRENEURIAL BEHAVIOUR: A CASE STUDY OF HDFC BANK & HDFC LTD

Vinay Raj SV.M Poonum S Raibagi

School of Economics and Commerce CMR University

Bengaluru
DOI:https://doi.org/10.55041/ijcope.v2i5.245

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Plagiarism Passed Peer Reviewed Open Access

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Abstract

This study examines the post-merger wealth effects and strategic entrepreneurial behaviour in Indian corporations, with special reference to the merger between HDFC Bank and HDFC Ltd. Mergers and acquisitions are widely used as strategic tools to enhance financial performance, improve market competitiveness, and create shareholder value. The study analyses the impact of the HDFC merger on profitability indicators such as Earnings Per Share (EPS), Return on Assets (ROA), Return on Equity (ROE), Return on Capital Employed (ROCE), and Net Profit Margin (NPM) to evaluate shareholder wealth effects. In addition, the study explores how the merger influences strategic entrepreneurial behaviour by improving operational efficiency, innovation capability, and strategic flexibility. Using comparative financial analysis, trend analysis, and statistical tools, the study identifies the financial and strategic outcomes of the merger. The findings highlight that the merger strengthens long-term value creation and enhances the strategic capabilities of the merged entity in the competitive Indian financial sector.

Keywords:-

Mergers and Acquisitions, Shareholder Wealth, Strategic Entrepreneurial Behaviour, Profitability Ratios, HDFC Bank, HDFC Ltd, Financial Performance

How to Cite this Paper

SV.M, V. R. & Raibagi, P. S. (2026). Post-Merger Wealth Effects and Strategic Entrepreneurial Behaviour: A Case Study of HDFC Bank & HDFC Ltd. International Journal of Creative and Open Research in Engineering and Management, <i>02</i>(05). https://doi.org/10.55041/ijcope.v2i5.245

SV.M, Vinay, and Poonum Raibagi. "Post-Merger Wealth Effects and Strategic Entrepreneurial Behaviour: A Case Study of HDFC Bank & HDFC Ltd." International Journal of Creative and Open Research in Engineering and Management, vol. 02, no. 05, 2026, pp. . doi:https://doi.org/10.55041/ijcope.v2i5.245.

SV.M, Vinay, and Poonum Raibagi. "Post-Merger Wealth Effects and Strategic Entrepreneurial Behaviour: A Case Study of HDFC Bank & HDFC Ltd." International Journal of Creative and Open Research in Engineering and Management 02, no. 05 (2026). https://doi.org/https://doi.org/10.55041/ijcope.v2i5.245.

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References


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  • •Review follows editorial policy.
  • •Authors retain copyright.
  • •Peer Review Type: Double-Blind Peer Review
  • •Published on: May 08 2026
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