This paper analyzes the determinants of bank mergers and acquisitions (M&As) from a bank-level perspective. The main … decision of merging, including the size of the bank, profitability, lending activities, liquidity, bank concentration, banking …

significantly influencing the risk-taking attitudes of bank managers. Particularly, we intend to substantiate the theory that banks … banking sectors due to a missing ability to monitor bank managers. Our results underline that these problems appear to mislead … bank managers showing an unreasonable risk-taking behavior. In a first stage, we rely on a theoretical model explaining …

the stock exchanges. This paper will study whether this reform has really improved bank efficiency. Adopting the DEA (data … envelopment analysis) approach, this paper examines whether IPO (initial public offering) is effective in enhancing bank … performance. Using data of 14 listed banks during 1999-07, the results show that on average, bank efficiency increased by almost …