Varmaz, Armin; Laibner, Jonas - In: The Journal of Risk Finance 17 (2016) 5, pp. 510-544
Purpose This paper aims to empirically analyze the success of European bank mergers and acquisitions (M&As) by an analysis of the shareholder value implications of stock market reactions to announced and canceled M&As in the period from 1999 to 2015. Design/methodology/approach The analysis of a...