Nguyen, Phuong Anh; Pham, Linh Dan; McMillan, David - In: Cogent Business & Management 7 (2020) 1, pp. 1-17
mergers are thus estimated and decomposed into technical efficiency, scale efficiency and harmony effect. The results indicate … that under the production approach, all six mergers obtain potential gains with the main sources from technical efficiency … harmony effect, while technical efficiency contributes to the potential gain of two mergers. Accordingly, banks could benefit …