Ayadi, Rym; Boussemart, Jean-Philippe; Leleu, Hervé; … - In: Journal of Productivity Analysis 39 (2013) 2, pp. 165-175
This paper aims at assessing the extent to which M&As in European banking sector over the period 1996–2003 result in two simultaneous catching up and convergence processes of consolidating groups. First, do the M&As significantly contribute to the consolidating banks to catch-up with the...