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An empirical study of largest FDI acquisition in the technology sector: evidence from deal of Jio and Facebook

Isha Gupta et al.

International Journal of Economic Policy and Emerging Economies2025https://doi.org/10.1504/ijepee.2025.146154article
ABDC C
Weight
0.50

What the paper says

This paper tries to analyse the impact of the acquisition announcement of Jio by Facebook on the volatility of stock returns of Jio Platform Ltd. The study has been divided into three periods, pre-period, post-period, and whole period. The paper used the GARCH (1, 1) model to conclusively analyse the change in volatility after the acquisition of the company and the asymmetric EGARCH model to capture the leverage effect. The study results infer that the coefficient of the ARCH and GARCH model (α + β) becomes 1(0.11 + 0.89) in the post period which implies that volatility is persistent during the period. The leverage effect is evident in the study as the variance coefficient is negative in all periods and statistically significant which implies that every price change responds asymmetrically to the positive and negative news in the market. Thus, it can be concluded that the announcement has a significant favourable influence.

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Cite this paper

https://doi.org/https://doi.org/10.1504/ijepee.2025.146154

Or copy a formatted citation

@article{isha2025,
  title        = {{An empirical study of largest FDI acquisition in the technology sector: evidence from deal of Jio and Facebook}},
  author       = {Isha Gupta et al.},
  journal      = {International Journal of Economic Policy and Emerging Economies},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.1504/ijepee.2025.146154},
}

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An empirical study of largest FDI acquisition in the technology sector: evidence from deal of Jio and Facebook

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Evidence weight

0.50

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.50 × 0.4 = 0.20
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.