Huizinga, Harry; Nelissen, Jan H. M.; Vander Vennet, Rudi - 2001
paperanalyzes the efficiency effects of 52 horizontal bank mergersover the period 1994-1998, i.e. the period immediately … banking.The dynamic merger analysis indicates that the cost efficiencyof merging banks is positively affected by the merger …, while therelative degree of profit efficiency improves only marginally.We do not find any evidence that merging banks are …
