Choi, Sungho; Francis, Bill B; Hasan, Iftekhar - Suomen Pankki - 2010
The impact of cross-border bank M&As on bank risk remains an open question. Though geographically diversifying bank M …&As have the potential to reduce the risk of bank insolvency, they also have the potential to increase that risk due to the … increase in risk-taking incentives for bank managers and stockholders following these transactions. This paper empirically …