Is the Bank Merger Wave of the 1990s Efficient? Lessons from Nine Case Studies
In: Mergers and Productivity
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- Steffen Juranek & Øivind A Nilsen & Simen A Ulsaker, 2022.
"Bank Consolidation, Interest Rates, and Risk: A Post-Merger Analysis Based on Loan-Level Data from the Corporate Sector [Competition and financial stability],"
Journal of Competition Law and Economics, Oxford University Press, vol. 18(4), pages 771-798.
- Juranek, Steffen & Nilsen, Øivind A. & Ulsaker, Simen A., 2021. "Bank consolidation, interest rates, and risk: A post-merger analysis based on loan-level data from the corporate sector," Discussion Paper Series in Economics 20/2021, Norwegian School of Economics, Department of Economics.
- Steffen Juranek & Øivind Anti Nilsen & Simen A. Ulsaker, 2021. "Bank Consolidation, Interest Rates, and Risk: A Post-Merger Analysis Based on Loan-Level Data from the Corporate Sector," CESifo Working Paper Series 9480, CESifo.
- Jason Karceski & Steven Ongena & David C. Smith, 2005.
"The Impact of Bank Consolidation on Commercial Borrower Welfare,"
Journal of Finance, American Finance Association, vol. 60(4), pages 2043-2082, August.
- Karceski, J. & Ongena, S. & Smith, D.C., 2000. "The Impact of Bank Consolidation on Commercial Borrower Welfare," Discussion Paper 2000-87, Tilburg University, Center for Economic Research.
- Karceski, J. & Ongena, S. & Smith, D.C., 2000. "The Impact of Bank Consolidation on Commercial Borrower Welfare," Other publications TiSEM 1caa0fb4-519a-479e-bce9-b, Tilburg University, School of Economics and Management.
- Jason Karceski & Steven Ongena & David C. Smith, 2000. "The impact of bank consolidation on commercial borrower welfare," International Finance Discussion Papers 679, Board of Governors of the Federal Reserve System (U.S.).
- Jochen Mankart & Alexander Michaelides & Spyros Pagratis, 2020.
"Bank capital buffers in a dynamic model,"
Financial Management, Financial Management Association International, vol. 49(2), pages 473-502, June.
- Mankart, Jochen & Michaelides, Alexander & Pagratis, Spyros, 2018. "Bank capital buffers in a dynamic model," Discussion Papers 51/2018, Deutsche Bundesbank.
- Curi, Claudia & Lozano-Vivas, Ana & Zelenyuk, Valentin, 2015.
"Foreign bank diversification and efficiency prior to and during the financial crisis: Does one business model fit all?,"
Journal of Banking & Finance, Elsevier, vol. 61(S1), pages 22-35.
- Claudia Curi & Ana Lozano-Vivas & Valentin Zelenyuk, 2014. "Foreign bank diversification and efficiency prior to and during the financial crisis: Does one business model fit all?," BEMPS - Bozen Economics & Management Paper Series BEMPS18, Faculty of Economics and Management at the Free University of Bozen.
- Claudia Curi & Ana Lozano-Vivas & Valentin Zelenyuk, 2015. "Foreign bank diversification and efficiency prior to and during the financial crisis: Does one business model fit all?," CEPA Working Papers Series WP042015, School of Economics, University of Queensland, Australia.
- Hughes, Joseph P. & Lang, William W. & Mester, Loretta J. & Moon, Choon-Geol & Pagano, Michael S., 2003.
"Do bankers sacrifice value to build empires? Managerial incentives, industry consolidation, and financial performance,"
Journal of Banking & Finance, Elsevier, vol. 27(3), pages 417-447, March.
- William Lang & Choon-Geol Moon & Loretta Mester & Joseph Hughes & Michael Pagano, 2001. "Do Bankers Sacrifice Value to Build Empires? Managerial Incentives, Industry Consolidation, and Financial Performance," Departmental Working Papers 200117, Rutgers University, Department of Economics.
- Joseph P. Hughes & William W. Lang & Loretta J. Mester & Choon-Geol Moon & Michael S. Pagano, 2002. "Do Bankers Sacrifice Value to Build Empires? Managerial Incentives, Industry Consolidation and Financial Performance," Center for Financial Institutions Working Papers 02-18, Wharton School Center for Financial Institutions, University of Pennsylvania.
- Joseph P. Hughes & William W. Lang & Loretta J. Mester & Choon-Geol Moon & Michael S. Pagano, 2002. "Do bankers sacrifice value to build empires? managerial incentives, industry consolidation, and financial performance," Working Papers 02-2, Federal Reserve Bank of Philadelphia.
- Abdourahmane Diaw, 2011.
"The effect of mergers and acquisitions on shareholder wealth: the case of European banks [L'effet des fusions et acquisitions sur la richesse des actionnaires: le cas des banques européennes],"
Post-Print
hal-01184673, HAL.
- Abdourahmane Diaw, 2014. "The effect of mergers and acquisitions on shareholder wealth: the case of European banks," Working Papers hal-01184665, HAL.
- Went, Peter, 2003. "A quantitative analysis of qualitative arguments in a bank merger," International Review of Financial Analysis, Elsevier, vol. 12(4), pages 379-403.
- Koetter, M. & Bos, J.W.B. & Heid, F. & Kolari, J.W. & Kool, C.J.M. & Porath, D., 2007.
"Accounting for distress in bank mergers,"
Journal of Banking & Finance, Elsevier, vol. 31(10), pages 3200-3217, October.
- Koetter, Michael & Bos, Jaap W. B. & Heid, Frank & Kool, Clemens J. M. & Kolari, James W. & Porath, Daniel, 2005. "Accounting for distress in bank mergers," Discussion Paper Series 2: Banking and Financial Studies 2005,09, Deutsche Bundesbank.
- Buono, Ines & Formai, Sara, 2018.
"The heterogeneous response of domestic sales and exports to bank credit shocks,"
Journal of International Economics, Elsevier, vol. 113(C), pages 55-73.
- Ines Buono & Sara Formai, 2016. "The heterogeneous response of domestic sales and exports to bank credit shocks," Temi di discussione (Economic working papers) 1066, Bank of Italy, Economic Research and International Relations Area.
- Dario Focarelli & Fabio Panetta, 2003. "Are Mergers Beneficial to Consumers? Evidence from the Market for Bank Deposits," American Economic Review, American Economic Association, vol. 93(4), pages 1152-1172, September.
- Hughes, Joseph P. & Lang, William W. & Mester, Loretta J. & Moon, Choon-Geol, 1999.
"The dollars and sense of bank consolidation,"
Journal of Banking & Finance, Elsevier, vol. 23(2-4), pages 291-324, February.
- Joseph P. Hughes & William W. Lang & Loretta J. Mester, 1998. "The dollars and sense of bank consolidation," Working Papers 98-10, Federal Reserve Bank of Philadelphia.
- Joseph P. Hughes & William Lang & Loretta J. Mester & Choon-Geol Moon, 1998. "The Dollars and Sense of Bank Consolidation," Center for Financial Institutions Working Papers 99-04, Wharton School Center for Financial Institutions, University of Pennsylvania.
- Shaban, Mohamed & James, Gregory A., 2018. "The effects of ownership change on bank performance and risk exposure: Evidence from indonesia," Journal of Banking & Finance, Elsevier, vol. 88(C), pages 483-497.
- repec:ris:msuecw:2018_006 is not listed on IDEAS
- Charles Calomiris & Thanavut Pornrojnangkool, 2009.
"Relationship Banking and the Pricing of Financial Services,"
Journal of Financial Services Research, Springer;Western Finance Association, vol. 35(3), pages 189-224, June.
- Charles Calomiris & Thanavut Pornrojnangkool, 2006. "Relationship Banking and the Pricing of Financial Services," NBER Working Papers 12622, National Bureau of Economic Research, Inc.
- Lublóy, Ágnes & Tóth, Eszter, 2010. "A közép-kelet-európai bankfúziók eredményessége [The success of the bank mergers in Central Eastern Europe]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(1), pages 37-58.
- Ricardo Correa, 2009.
"Cross-Border Bank Acquisitions: Is there a Performance Effect?,"
Journal of Financial Services Research, Springer;Western Finance Association, vol. 36(2), pages 169-197, December.
- Ricardo Correa, 2008. "Cross-border bank acquisitions: Is there a performance effect?," International Finance Discussion Papers 922, Board of Governors of the Federal Reserve System (U.S.).
- Ines Buono & Sara Formai, 2019. "Bank credit, liquidity and firm-level investment: are recessions different?," Temi di discussione (Economic working papers) 1239, Bank of Italy, Economic Research and International Relations Area.
- Amel, Dean & Barnes, Colleen & Panetta, Fabio & Salleo, Carmelo, 2004.
"Consolidation and efficiency in the financial sector: A review of the international evidence,"
Journal of Banking & Finance, Elsevier, vol. 28(10), pages 2493-2519, October.
- Dean F. Amel & Colleen Barnes & Fabio Panetta & Carmelo Salleo, 2002. "Consolidation and efficiency in the financial sector: a review of the international evidence," Finance and Economics Discussion Series 2002-47, Board of Governors of the Federal Reserve System (U.S.).
- Dean F. Amel & Colleen Barnes & Fabio Panetta & Carmelo Salleo, 2003. "Consolidation and Efficiency in the Financial Sector: A Review of the International Evidence," CEIS Research Paper 20, Tor Vergata University, CEIS.
- Dean Amel & Colleen Barnes & Fabio Panetta & Carmelo Salleo, 2002. "Consolidation and efficiency in the financial sector: a review of the international evidence," Temi di discussione (Economic working papers) 464, Bank of Italy, Economic Research and International Relations Area.
- Erel, Isil, 2007. "The Effect of Bank Mergers on Loan Prices: Evidence from the U.S," Working Paper Series 2006-19, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
- David T. Llewellyn, 1999. "The New Economics of Banking," SUERF Studies, SUERF - The European Money and Finance Forum, number 5 edited by Morten Balling, May.
- Simon Evenett, 2004.
"The Cross-Border Mergers and Acquisitions Wave of the Late 1990s,"
NBER Chapters, in: Challenges to Globalization: Analyzing the Economics, pages 411-467,
National Bureau of Economic Research, Inc.
- Simon J. Evenett, 2003. "The Cross Border Mergers and Acquisitions Wave of the Late 1990s," NBER Working Papers 9655, National Bureau of Economic Research, Inc.
- Lakdawala, Aeimit & Minetti, Raoul & Schaffer, Matthew, 2021. "Bank regulation and monetary policy transmission: Evidence from the U.S. States liberalization," European Economic Review, Elsevier, vol. 138(C).
- Nizar, Muhammad Afdi, 2016. "Penguatan Perbankan Syari’ah melalui Merger atau Konsolidasi [Strengthening Sharia Banking through Merger or Consolidation]," MPRA Paper 97964, University Library of Munich, Germany.
- Sohn, Wook, 2010. "Market response to bank relationships: Evidence from Korean bank reform," Journal of Banking & Finance, Elsevier, vol. 34(9), pages 2042-2055, September.
- Simonyan, Karen, 2014. "What determines takeover premia: An empirical analysis," Journal of Economics and Business, Elsevier, vol. 75(C), pages 93-125.
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