Showing 21 - 30 of 575,394
by euro zone member solvency issues. In this paper, we examine the contagion effects between sovereign and bank CDS … effects between sovereign vs. bank default risk. By contrast, since the sovereign debt crisis period we observe significant … dependencies between the regional sovereign CDS and the regional bank CDS in other regions, predominantly for the Asia-Pacific and …
Persistent link: https://www.econbiz.de/10013111635
of view of bank strategies. The main hypothesis of the work is that, in the present decade, the Pan-European landscape of …
Persistent link: https://www.econbiz.de/10011689906
The objective of the paper is to analyse the influence of information about economic and financial problems of strategic shareholders upon the market value of commercial banks operating in the Polish banking sector. The analysis included fourteen such cases from the years 2007 - 2014. The...
Persistent link: https://www.econbiz.de/10010468354
We investigate the impact of cross-border takeovers on target banks' profitability, efficiency, and market share in Ukraine, an exemplar of a country with poor institutional quality. We rely on a combination of propensity score matching with the difference-in-difference methodology, and our main...
Persistent link: https://www.econbiz.de/10013119990
We examine the impact on a firm when it is exogenously forced to switch its bank relationship from one branch to … another branch of the same bank. We show the effect depends directly on the relative balance between the hard accounting … information provided to the bank by the firm, as part of the bank's internal credit rating system and the provision of soft …
Persistent link: https://www.econbiz.de/10012901734
whether the targets in cross-border bank M&As are materially different from those banks targeted in domestic M&A deals. The …, and contrary to what one might expect, bank size does not have a different effect on the probability of being a domestic …
Persistent link: https://www.econbiz.de/10010599655
Are the drivers of domestic and cross-border M&As in the banking sector different? Despite the intense research on bank … world countries, from 1992 to 2007. Our results show that size and profitability have a stronger impact on the probability … that a bank is a bidder in a cross-border deal than in a domestic deal. Consistent with the findings of the literature on …
Persistent link: https://www.econbiz.de/10009144029
Given the recent traumatic events in the world?s banking industry it is important to understand what drives bankers to …-border bank M&As are materially different from those banks targeted in domestic M&A deals. To address this question we use a … sample of over 24,000 banks from more than 100 countries. We begin by estimating the probability that a bank will be a M …
Persistent link: https://www.econbiz.de/10008690120
We study the effect of interbank market integration on small firm finance in the build-up to the 2007-2008 financial crisis. We use a comprehensive data set that contains contract terms on individual loans to 6,047 firms across 14 European countries between 1998:01 and 2005:12. We account for...
Persistent link: https://www.econbiz.de/10011605298
We review historical and current research on mergers and acquisitions. The literature is extensive. After a discussion of earlier survey articles (our “survey of the surveys”), we provide a review of more than 120 M&A related-articles published in leading finance journals since 2011. A basic...
Persistent link: https://www.econbiz.de/10012942082