Mergers, acquisitions, and bank efficiency: Cross-country evidence from emerging markets
نویسندگان
چکیده
منابع مشابه
Mergers and Acquisitions by Emerging Country Multinational Companies
This paper investigates the mergers and acquisitions by the emerging country multinational companies. Emerging country multinational companies do not have access to big amounts of capital as many developed country multinational companies. These companies can decide to engage in mergers and acquisitions with those of the other emerging country multinational companies in order to increase their p...
متن کاملCross-Border Mergers and Acquisitions and Financial Development: Evidence from Emerging Asia (No. 249)
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متن کاملLending Relationships and Bank Mergers and Acquisitions
Using a unique Norwegian dataset, which combines information on companies’ bank accounts, annual accounts and bank mergers and acquisitions (M&As), we find evidence that such M&As reduce credit availability and worsen borrowing terms for nontransparent firms. Since, due to information asymmetries, such firms are typically more dependent on bank lending relationships, our results indicate that t...
متن کاملCross-border Mergers & Acquisitions:
This paper explores the impact of cross-border M&As on host economies of Korea ; China; and Hong Kong, China. For an intensive analytical research on this topic, this paper presents a comprehensive framework for analyzing the various impacts of cross-border M&As on the competitiveness of the host economies. We apply this framework to the data from five outstanding and considerable cases of each...
متن کاملCross-border Mergers and Acquisitions
By combining two large data sets (on international trade flows and cross-border mergers and acquisitions – M&As), we test two implications of Neary’s (2003, 2007) general oligopolistic equilibrium (GOLE) model (incorporating strategic interaction between firms in a general equilibrium setting). In terms of economic importance, the dominant merger wave variable is a positive global-all effect, i...
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ژورنال
عنوان ژورنال: Research in International Business and Finance
سال: 2016
ISSN: 0275-5319
DOI: 10.1016/j.ribaf.2015.10.005