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out to result from reducing individual inefficiencies. The majority of the 84 merger cases is characterized by merger …
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observations. Merger gains are decomposed into a technical efficiency effect, a harmony effect and a scale effect. The greatest … efficiency improvement potentials turn out to result from reducing individual inefficiencies while pure merger gains are found to …
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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 …
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