Cebenoyan, Fatma; Cebenoyan, A. Sinan; Cooperman, … - Department of Economics, Hunter College - 2003
This paper examines the effect of regulatory regime changes on the attributes of acquired thrifts for periods of … thrifts. We test a regime change hypothesis that predicts a more effective takeover market in the later regime. Consistent … inefficient and risky thrifts. In contrast in the early regime, regulatory concerns for building up capital dominate acquisition …