There is little consensus regarding the overall performance of mergers and acquisitions in the banking industry. The … goal of this paper is to investigate the change in operating performance, efficiency, and value addition of US bank mergers … examine the factors that have significant impact on changes in bank performance. Our empirical results lead to the conclusion …

We examine the relationship between performance of the bank holding company and several board characteristics. We find … that board size, CEO tenure and board tenure enhance bank performance. However, we find no evidence that board structure or … CEO power influences bank performance. More importantly, we show that the effect of board characteristics during the …