Showing 1 - 10 of 25
Purpose – The purpose of this paper is to test whether bank mergers are driven by equity overvaluation and management compensation incentives. Design/methodology/approach – To test whether equity mispricing drive bank mergers, the authors employ two alternative price-to-residual income...
Persistent link: https://www.econbiz.de/10014990116
Purpose – Consolidation through mergers and acquisitions indicates one of the major outcomes of the financial transformation process and contemporary trend in the Indian banking sector. Literature suggests that the pre-merger financials of banks are crucial in deciding the post-merger...
Persistent link: https://www.econbiz.de/10014991264
Purpose – The purpose of this paper is to analyze the short‐ and long‐term wealth effects of domestic and cross‐border acquisition announcements of banks in Latin American. Design/methodology/approach – This study uses the event study methodology to investigate the short‐term wealth...
Persistent link: https://www.econbiz.de/10014950317
By most measures the economy of the state of Texas is doing better than that of California. Texas has an unemployment … rate 4% below California, it is considered to have a more conducive business climate than California and its attractiveness … lower taxes and better business climate. This then suggests that the policy discussion with regard to California job …
Persistent link: https://www.econbiz.de/10014589694
Many argue that redistricting reform will reduce partisanship in the state legislature. They base this claim on two assumptions: (1) legislators respond strongly to the competitiveness of their districts, and (2) the 2001 redistricting made districts less competitive. The second assumption is...
Persistent link: https://www.econbiz.de/10014589721
This article uses political maps to trace the ways in which the geopolitical transformation of California -- from a …
Persistent link: https://www.econbiz.de/10014589725
As the stalemate and eventual "smoke and mirrors" 2008-2009 state budget demonstrates, the budget process in California … California's budget woes, redistricting provides one of the only feasible solutions.  …
Persistent link: https://www.econbiz.de/10014589726
say that immigration is the most important problem facing the state of California are more likely to want a smaller …
Persistent link: https://www.econbiz.de/10014589762
foregone economic impact of the Earned Income Tax Credit (EITC) in the 58 counties in California in 2006, the most recent year … for which data are available. Findings show EITC payments received by California residents contributed over $5 billion in …
Persistent link: https://www.econbiz.de/10014589776
from California Field Polls taken in 2005 and 2009, demonstrates that when it comes to comprehension of California’s Prop …
Persistent link: https://www.econbiz.de/10014589797