UGC Approved Journal no 63975(19)
New UGC Peer-Reviewed Rules

ISSN: 2349-5162 | ESTD Year : 2014
Volume 12 | Issue 9 | September 2025

JETIREXPLORE- Search Thousands of research papers



WhatsApp Contact
Click Here

Published in:

Volume 6 Issue 3
March-2019
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

7.95 impact factor calculated by Google scholar

Unique Identifier

Published Paper ID:
JETIR1903A98


Registration ID:
200200

Page Number

630-639

Share This Article


Jetir RMS

Title

Stock Market Reaction to Merger and Acquisitions Announcement: An Event Study (Case of Microsoft Inc. and GitHub Inc.)

Abstract

Paper is conducted to determine the impacts of merger and acquisitions on the stock prices. On 4th June 2018 Microsoft Inc. has announced their acquisitions of GitHub. Therefore, paper examined the acquisitions impacts on Microsoft Inc. stock prices or abnormal return. In order to determine the impacts of this event, paper used event study methodology. However, mentioned methodology is used widely in stock market to determine the impacts of specific events. Data interval is from 4th June 2017 to 30th June 2018 and window period is also known from the same period which is 10 days after and before of the of event. After analysing the data, it is concluded that impacts of acquisitions on Microsoft stock prices are not significant which means market is highly efficient and information do not leak to make stock prices fluctuate and abnormal.

Key Words

Keywords: Merger and Acquisitions; Stock Prices; Microsoft Inc.; GitHub Inc.; Event Study.

Cite This Article

"Stock Market Reaction to Merger and Acquisitions Announcement: An Event Study (Case of Microsoft Inc. and GitHub Inc.) ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 3, page no.630-639, March-2019, Available :http://www.jetir.org/papers/JETIR1903A98.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Stock Market Reaction to Merger and Acquisitions Announcement: An Event Study (Case of Microsoft Inc. and GitHub Inc.) ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 3, page no. pp630-639, March-2019, Available at : http://www.jetir.org/papers/JETIR1903A98.pdf

Publication Details

Published Paper ID: JETIR1903A98
Registration ID: 200200
Published In: Volume 6 | Issue 3 | Year March-2019
DOI (Digital Object Identifier):
Page No: 630-639
Country: Kandahar, Afghanistan, Kandahar, Afghanistan .
Area: Arts
ISSN Number: 2349-5162
Publisher: IJ Publication


Preview This Article


Downlaod

Click here for Article Preview

Download PDF

Downloads

0002993

Print This Page

Current Call For Paper

Jetir RMS