method of analyzing the DD for banks that experience a merger, and to apply the method to the Japanese banking data. Our … value from the merger. A merger of sound (unsound) banks produced a sound (unsound, respectively) merged financial … institution; and (2) In some cases, a merged bank experienced a negative DD right after the merger. The findings are consistent …

method of analyzing the DD for banks that experience a merger, and to apply the method to the Japanese banking data. Our … value from the merger. A merger of sound (unsound) banks produced a sound (unsound, respectively) merged financial … institution; and (2) In some cases, a merged bank experienced a negative DD right after the merger. The findings are consistent …

Introduction: A mere decade ago Japan’s financial system, and especially its banking system, was not only the largest … country. Today presents a completely different picture. Japan’s financial system is weak and in disarray. Banks no longer rank … among the world’s top ten, and their credit ratings have declined dramatically. Two of Japan’s top 21 banks have already …