Showing 1 - 10 of 137,263
This paper examines the causal effect of mergers and acquisitions (M&A) on bank productivity (Q) in 23 European Union … among all selected variables and long-term unidirectional causality from mergers and acquisitions to bank productivity. Our … long-term productivity improvement. …
Persistent link: https://www.econbiz.de/10012147020
Policy efforts to revitalise entrepreneurship and investment in Spain are key to generating growth and new jobs. The government has a substantial reform program to make it easier to do business in Spain, which should in some cases be deepened. Boosting economic growth requires a new generation...
Persistent link: https://www.econbiz.de/10011276814
This study documents the changes in the corporate design of modern Specified Purpose Acquisition Companies (SPACs) for the years 2003–2012. Do institutional characteristics of SPACs determine the success of their merger outcomes? The paper finds that SPACs significantly redesigned their...
Persistent link: https://www.econbiz.de/10010777008
employment and capital growth of local firms with higher productivity and that this effect is concentrated among young firms … important gains in aggregate industry productivity and that changes in the allocation of labor play a central role in driving …
Persistent link: https://www.econbiz.de/10012972167
This study empirically analyses the links between banking competition and manufacturing productivity growth for a … find that the total factor productivity of the most financially dependent industries grows more slowly in economies where … funds. Banks may select more of the best firms, which would increase total factor productivity of the industries that are …
Persistent link: https://www.econbiz.de/10013005222
develop fresh evidence on this question. Production functions are estimated and productivity calculated for conventional and … efficient as conventional banks though productivity growth is faster for Islamic banks. However, in Malaysia, a new set of banks …
Persistent link: https://www.econbiz.de/10013013366
This paper examines the links between productivity and social welfare, with an application to the banking industry. It …, the paper i) uses a new measure of bank productivity; ii) provides a productivity differences-based explanation of the …
Persistent link: https://www.econbiz.de/10013044898
This article undertakes an empirical analysis of M&A-related risks based on evidence from eight listed U.S. bank holding companies over the period 2000-10. The research model is designed as an inter-domain risk matrix encompassing idiosyncratic and systematic risks underlying horizontal and...
Persistent link: https://www.econbiz.de/10011207391
) to calculate the Malmquist index of productivity, and the total factor productivity change for a sample of BHCs over the …. Second, the degree of change in diversification over time is not associated with total factor productivity change but it is …
Persistent link: https://www.econbiz.de/10013006304
Growth in developing Asia will need to rely more on improvements in productivity growth and less on capital deepening …. Although there is no single reform path to spur productivity growth, financial system deepening is central to a more efficient …'s infrastructure deficit and improve access to financing for small and medium enterprises, can help raise productivity. Further, as …
Persistent link: https://www.econbiz.de/10011220571