employ a unique data set of approximately 1,000 mergers to analyze the determinants of bank mergers. We use data on the … regulatory intervention history to distinguish between distressed and non-distressed mergers. We find that, among merging banks …-distressed mergers have worse CAMEL profiles than our control group. In fact, non-distressed mergers may be motivated by the desire to …

attempts from abroad and instead favoured mergers among national firms. In this paper we offer an explanation why globalization …

consumers' transportation costs and (ii) the higher the concentration of the industry. Therefore, merger incentives are much …

found. The most important determinant of the success of mergers is the size of the target unit. …

the determinants of bank inefficiency 2) Mergers and acquisitions between mutual banks in Italy: an analysis of the …

the insiders' dilemma, i.e. profitable mergers do not occur. This strategy may thus be more profitable for a buyer than …

Theoretically, cross ownership may mitigate mergers, i.e. market concentrations. Holding a share in a competing firm …

and mergers and acquisitions (M&A). Working in a monopolistically competitive environment, merging firms do not reduce … competition. Mergers are motivated by efficiency gains and transfer of technology and expertise. Following empirical evidence, I …

) as advisors in mergers. However, this choice weakens any certification effect and creates a potential conflict of …