Behr, Andreas (contributor); Heid, Frank (contributor) - 2008
The question of whether or not mergers and acquisitions have helped to enhance banks’ efficiency and profitability has … problems involved. In this study, we analyze the effect of German bank mergers in the period 1995-2000 on banks' profitability … predominantly under-performing banks engage in mergers. Our results indicate a neutral effect of mergers on profitability and a …