Does Merger Improve Operating Performance of the Company? Evidence from Beverage Industry in India

There is fierce market competitiveness in the contemporary local to global period. Every organisation seeks to maintain itself and, more crucially, to develop quickly through inorganic means. The expansion of a company through mergers and acquisitions is an inorganic process. Organic growth takes a very long period and is time-bound, but inorganic growth through mergers may be achieved quickly. (Bi Z., 2016) [01].