We study the effects of structural changes in banking markets on the supply of credit to small businesses. Specifically, we examine whether bank mergers and acquisitions (M&As) and entry have "external" effects on small business loans by other banks in the same local markets. The results suggest modest positive external effects from these dynamic changes in competition, except that large banks ...

Article history: Received 16 November 2010 Accepted 9 April 2013 Available online 20 April 2013 This paper assesses conflicts of interest between banks and their client firms via the merger transaction by examining the wealth gain of merger acquirers who were listed on the Tokyo Stock Exchange in 1990–2004. The paper reports two main findings. First, acquiring firms did not gain from their acqu...

Mergers and acquisitions, as well other types of business combinations, provide desirable strategic benefits. However, the fear undermining employee performance is inherent in these combinations. This paper aims to conduct a literature review on mergers acquisitions their effects performance. manuscript tries focus factors that trigger banking sector post-merger era. Through this paper, we inte...

This paper examines the influence of communication form on employee uncertainty during mergers and acquisitions (M&As). Specifically, the author uses narrative theory to analyze how narrative organizational communication affects the three components of uncertainty – decreased predictive, explanatory, and descriptive ability. It is hypothesized that employees whose organizations use narrative M&...

We document some recent changes in the market for loan sales. We use a Tobit model to characterize the determinants of loan sales and purchases by banks, relating quantities bought and sold to bank size, capital, risk, and fbnding mode. The results, though not definitive, broadly confirm the Pennacchi model of sales. Other data cast doubt on the importance of mergers and acquisitions for this m...

This study presents an analysis of publication patterns and major themes in research on mergers acquisitions finance accounting. We find that takeovers as mechanisms governance, drivers mergers, bank cross-border shareholder wealth effects related events, the role financial experts ownership structure form area, while accounting area are corporate governance outcomes, predicting their valuation...

m any middle-east countries, like iran, have dynamic banking industries and have observed merger and acquisitions (m&a) waves. m&a waves are usually defined in the developed world context and some of their main drivers were identified as: market timing, environment's shocks, merger manias, government regulation and regulatory, and technological changes. it has been discussed that merge...

 what a merger is and how it differs from an acquisition;  some of the reasons why companies merge;  the underlying merger rationales;  what a merger driver is;  what the primary merger drivers are;  the difference between horizontal integration, vertical integration and conglomeration;  the basic merger lifecycle and lifecycle phases;  some basic measures of success for mergers;  the ...

this study evaluated the effect of bank consolidation on economic growth of nigeria between the periods of 2006-2015. secondary data were sourced from the central bank of nigeria statistical bulletin and the ndic annual reports between the period of 2006 and 2015. data was analyzed using the ordinary least square (ols) multiple regression technique with the aid of the spss statistical software ...