Similar Search Results

Effect of mergerson efficiency and productivity: Some evidence for banks in Malaysia

Radam, Alias; Baharom, A.H.; Dayang-Afizzah, A.M. - 2008

, which includes the pre-merger years and the post-merger years. This study attempts to evaluate technical efficiency … latter accounted for 0.2% decline; (3) the merger process led to productivity improvements whereby, it is observed that the … productivity of Malaysia’s banking sector has been improved (in terms of efficiency) after the implementation of merger program for …

Persistent link: https://www.econbiz.de/10015215244

The Effect of Corporate Break-ups on Information Asymmetry: A Market Microstructure Analysis

Bardong, Florian; Bartram, Söhnke M.; Yadav, Pradeep K. - 2006

This paper investigates the information environment during and after a corporate break-up utilizing direct measures of information asymmetry developed in the market microstructure literature. The analysis is based on all corporate break-ups in the United States in the period 1995-2005. The...

Persistent link: https://www.econbiz.de/10015215490

¿Puede el gobierno corporativo aprender del gobierno público?

Brugger Jakob, Samuel Immanuel - 2007

In view of recent corporate scandals, it is argued that corporate governance can learn from public governance. Institutions devised to control and discipline the behaviour of executives in the political sphere can give new insights into how to improve the governance of firms. Some proposal such...

Persistent link: https://www.econbiz.de/10015215939

The effect of M&A announcement on Greek bank stock returns

Asimakopoulos, Ioannis; Athanasoglou, Panayiotis; … - 2005

This study examines the response of Greek bank stock prices to the announcement of intended mergers and acquisitions(M&As)during the period 1998-1999, applying a standard event study methodology. The results show that both the acquiring banks and, albeit to a lesser extent, the target banks...

Persistent link: https://www.econbiz.de/10015217696

Liquidity and Dividend Policy

Igan, Deniz; de Paula, Aureo; Pinheiro, Marcelo - 2006

We document the association between a firm's payout policy and its stock's liquidity. In particular, we show that dividend-paying firms have a more liquid market for their stock and measures of a stock's liquidity is positively linked to its probability of being a dividend payer. Furthermore,...

Persistent link: https://www.econbiz.de/10015225945

Revisiting the merger and acquisition performance of European banks

Asimakopoulos, Ioannis; Athanasoglou, Panayiotis P. - 2009

The study examines the value creation of Merger and Acquisition (M&A) deals in European Banking from 1990-2004. This is …

Persistent link: https://www.econbiz.de/10015227620

Internet corporate reporting in Greece

Spanos, Loukas; Mylonakis, John - 2006

This paper investigates the internet corporate reporting practices of Greek listed companies. The aim is twofold: to contribute to the growing literature by examining internet corporate reporting for a small open European capital market; and to present a model of online dissemination of...

Persistent link: https://www.econbiz.de/10015234794

Economic Consequences of Announcing Strategic Alternatives

Zha Giedt, Jenny - 2016

decision to explore a potential sale or merger. The inherent uncertainty in ex-post transactional outcomes (i.e., whether the …

Persistent link: https://www.econbiz.de/10015257455

Why do acquirers prefer M&A? Evidence from Banks in India

Mittal, Amit; Garg, Ajay Kumar - 2017

This study provides deeper insight into the linkages between Bank M&A and M&A literature and test the hypotheses that Acquirers gain significantly from a M&A strategy. Analyzing the Banking industry as an example of Horizontal mergers, the study aims to validate that M&A is a value creating...

Persistent link: https://www.econbiz.de/10015259720

Private information implications for acquirers and targets in horizontal mergers

Mittal, Amit; Garg, Ajay Kumar - 2017

gains and the robust theory of private information presented herein is likely to renew confidence in the merger and …

Persistent link: https://www.econbiz.de/10015259721