Showing 1 - 10 of 12,402
,300 mergers that took place between 1978 and 2001 to analyse the determinants of international bank mergers. We test the extent to … which information costs and regulations hold back merger activity. Our results suggest that banks operating in more … regulated environments are less likely to be the targets of international bank mergers. Hence, the lifting of regulations can …
Persistent link: https://www.econbiz.de/10010260608
dataset on the transparency on merger control in the EU banking sector, we estimate the probability that a bank is taken over … merger control lacks transparency. This is in line with the hypothesis that governments may block crossborder bank merger …Although there is anecdotal evidence that merger control may constitute a barrier to the integration of European retail …
Persistent link: https://www.econbiz.de/10010297994
probability that a bank is taken over as a function of bank and country characteristics and the transparency of merger control … market. Based on a dataset on the transparency on the supervisory review process of bank mergers in the EU, I estimate the … regulatory process is transparent. Particularly large banks seem to be less likely to be taken over by foreign banks if merger …
Persistent link: https://www.econbiz.de/10010299844
This paper examines the determinants of mergers and bankruptcies, using firm level data from the Swiss Business Census and the Dun & Bradstreet exit database for Switzerland (1995-2000). Employing duration analysis, we find considerable differences in the determinants of mergers and...
Persistent link: https://www.econbiz.de/10010315602
This paper analyzes the determinants of bank acquisitions both within and across 25 members of the European Union (EU …
Persistent link: https://www.econbiz.de/10010292345
The inability of most bank merger studies to control for hidden bailouts may lead to biased results. In this study, we … employ a unique data set of approximately 1,000 mergers to analyze the determinants of bank mergers. We use data on the …
Persistent link: https://www.econbiz.de/10010295902
German banks experienced a merger wave throughout the 1990s. However, the success of bank mergers remains a continuous … matter of debate. In this paper we suggest a taxonomy as how to evaluate post-merger performance on the basis of cost … CE levels above the average of non-merging banks. Second, banks must exhibit CE changes between merger and evaluation …
Persistent link: https://www.econbiz.de/10010295905
by changes following bank mergers involving Federal Reserve customer banks. This paper evaluates the effect of bank … two or more Reserve Bank customers have resulted in volume losses, especially during the first quarter following the … merger. On average, the estimated cumulative loss of volume during the first five post-merger quarters was 2.6 million checks …
Persistent link: https://www.econbiz.de/10010263334
Persistent link: https://www.econbiz.de/10011695827
industries in the sector-specific takeover market, this working paper proves the common knowledge for the example of … corporate characteristics are of significant importance. With respect to prevailing takeover strategies, the survey reveals a …-affected takeover strategies that are elaborated on more closely within the working paper. Examining an acquisition focus in terms of …
Persistent link: https://www.econbiz.de/10010300756