... and liquidity. To ascertain the sources of the better long-term post-M&A returns, the present work decomposes the measure of operating performance into its constituents in terms of Du Pont analysis. Findings – Taking a sample of 305 M&As during the period of January 2003 to December 2008, it has...

...; leverage is the dominant factor in explaining total variation in profitability and adversely affecting it. Size, liquidity, market share and age have a positive impact on profitability in all models, except domestic sectors where size and liquidity have significant negative and insignificant positive...

...Abuzar M.A. Eljelly This study empirically examines the relation between profitability and liquidity, as measured by current ratio and cash gap (cash conversion cycle) on a sample of joint stock companies in Saudi Arabia. Using correlation and regression analysis the study found significant...