bank holding companies in the U.S., we find strong evidence of managerial entrenchment that influences how asset …Bank consolidation is a global phenomenon. It may enhance the value of firms in the industry if, for example, it is … acquisitions and sales affect financial performance. We measure bank financial performance both by Tobin's q ratio and by its …

had a measurable effect on the stock market valuation of the forty-two bank holding companies subject to the SEC order. I …

particular, I find that a bank affiliated with a multi-bank holding company is significantly safer than either a stand-alone bank … or a bank affiliated with a one-bank holding company. Not only does affiliation reduce the probability of future … other banks. Moreover, the effects of affiliation are strengthened for an expanding bank holding company. However, the …

Using data from bank holding company regulatory reports, we examine the relationshipbetween stock repurchases and … financial performance for a large sample of bank holding companies over the years 1987 to 1998. The primary result is that … be driven primarily by bank holding companies with publicly traded stock, especially those companies whose stock is …

markets in bank holding companies to isolate plausibly exogenous variation in the financial constraints faced by subsidiary … banks. In particular, I demonstrate that affiliated bank loan growth is less sensitive to changes in the federal funds rate …

This study focuses on ex ante performance of domestic and foreign takeover targets in Germany, one of the most … well as binary response model estimations of takeover probabilities were performed for the manufacturing and service sector … separately. The results showed a diametrically opposing impact of productivity and profitability on the takeover likelihood. This …

adoption of a merger strategy. We use various matching techniques to estimate the treatment effects of bank mergers on the … bank performance, especially, in terms of improved cost efficiency. The findings also suggest that pre-merger effects are …