THE IMPACT OF MERGERS AND ACQUISITIONS ON BANKING PERFORMANCE

The purpose of this paper is to analyze the impact of mergers and acquisitions on the performance of the two categories of banks involved in this operation: the bidder bank and the target bank. Our analysis is performed on the case of M&A operations performed during 2001-2009 across Central and Eastern European banking systems. The results showed that the bank acquisitions determine the improvement of the level of technical efficiency of the target banks, and the results of the event study shows the fact that bank acquisitions do not determine significant changes of the market value of the shares of the bidder banks.

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Year of publication:	2011
Authors:	COCRIŞ, Vasile ; NICHITEAN, Andra Lavinia ; ANDRIEŞ, Alin Marius
Published in:	Review of Economic and Business Studies. - Facultatea de Economie şi Administrarea Afacerilor. - 2011, 7, p. 79-92
Publisher:	Facultatea de Economie şi Administrarea Afacerilor
Subject:	M&A \| banking \| performance \| efficiency

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Extent:	application/pdf
Type of publication:	Article
Classification:	G21 - Banks; Other Depository Institutions; Mortgages ; G30 - Corporate Finance and Governance. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010592802