Showing 41 - 50 of 135,066
Using a sample of US bank mergers from 1995 to 2012, we observe that the pre-post merger changes in CEO bonus are … significantly negatively related to the strength of corporate governance within the bidding bank. This suggests that bonus … corporate governance but are positively correlated with pre-post merger changes in the M/B ratio of the bidding banks, in line …
Persistent link: https://www.econbiz.de/10013043231
impact on the European banking sector and the European economy. The European Central Bank (ECB) and the Single Resolution …
Persistent link: https://www.econbiz.de/10012587341
This paper investigates the role of textual information in a U.S. bank merger prediction task. Our intuition behind … highlight the importance of textual information in a bank merger prediction task … this approach is that text could reduce bank opacity and allow us to understand better the strategic options of banking …
Persistent link: https://www.econbiz.de/10013223199
clear which shall be considered the appropriate monitoring authority of a European Bank Merger from an efficiency point of … Central Bank when it comes to assessing a domestic or cross-border bank merger. For the second question, we shall present an … present the current European Bank Union situation, with its goals and future agenda. Following that, the legal framework of …
Persistent link: https://www.econbiz.de/10013242672
This paper analyzes the characteristics that make a bank more likely to engage in merger activity either as an acquirer … or a target using a sample between the years 1995 and 2019. We first examine the bank merger characteristics during the … different characteristics make a bank more likely to be involved in a merger before, during, and after the 2008 financial crisis …
Persistent link: https://www.econbiz.de/10013291936
We examine how search frictions affect merger outcomes. Exploiting firm connections in common bank networks (CBNs) as a … merger partners. CBN-facilitated mergers exhibit higher synergy and lower post-merger cost of debt. We confirm that CBNs …
Persistent link: https://www.econbiz.de/10013244177
.Design/methodology/approachThis research examines the impact and association between merger announcements and regulatory reforms at bank and system levels by …PurposeThe purpose of this paper is to examine the effects of bank mergers on systemic and systematic risks on the … investigating the impact of various bank consolidation strategies on firms’ risks. We estimate beta(s) as an index of financial …
Persistent link: https://www.econbiz.de/10013244787
have witnessed significant merger and acquisition activity as a result of these reforms in attempts to privatize and …, and provide weak evidence to support their constructive role in improved bank profitability and economic restructure …
Persistent link: https://www.econbiz.de/10013245488
This study tests whether bank mergers are associated with valuation gains and examines how equity overvaluation and …
Persistent link: https://www.econbiz.de/10013060077
Using the Japanese bank merger dataset for the 2000s, this paper investigates whether the reduction of the ownership … ratio by the blockholder affects companies' operating performance and bank-firm relationships. In Japan, banks are … prohibited from holding more than 5% of the business company's equity. When two or more banks consolidate, the post-merged bank …
Persistent link: https://www.econbiz.de/10013063183