Vincenzo, Alessio De; Doria, Claudio; Salleo, Carmelo - In: Giornale degli Economisti 64 (2005) 4, pp. 327-358
Bank takeovers result on average in little improvements in performance. This may be due to conflicting driving forces behind them; however these have seldom been studied. We study directly the motivations for bank acquisitions by analyzing the prices paid for them, under the assumption that...
