have witnessed significant merger and acquisition activity as a result of these reforms in attempts to privatize and …, and provide weak evidence to support their constructive role in improved bank profitability and economic restructure …

This paper analyzes the determinants of bank acquisitions both within and across 25 members of the European Union (EU …

We analyze the takeover premiums paid for a sample of European bank mergers between 1997 and 2007. We find that … supervision and of deposit insurance regimes in Europe has measurable effects on takeover pricing. Stricter bank regulatory … acquiring banks value profitable, high-growth, and low-risk targets. We also find that the strength of bank regulation and …

This paper studies the impact of European bank mergers and acquisitions on changes in key safety and soundness measures …

Stakeholder oriented governance systems are often thought to hamper efficiency. We show that social capital improves …

may result inlower efficiency, measured as a ratio of a firm’s debt to investment, and this effect dependson the identity …

This paper investigates the merger wave hypothesis for the US and the UK employing a Markov regime switching model …. Using quarterly data covering the last thirty years, for the US, we identify the beginning of a merger wave in the mid 1990s … but not the much-discussed 1980s merger wave. We argue that the latter finding can be ascribed to the refined methods of …