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The value effects of bank mergers and acquisitions
16 references·16 citing·47 second hopsampled
The value effects of bank mergers and acquisitions (1998)The value effects of bank mergers and acq…Oxford University Press (2020)Oxford University PressThe Effects of Megamergers on Efficiency and Prices: Evidence from a Bank Profit Function (1997)The Effects of Megamergers on…Performance Changes and Shareholder Wealth Creation Associated with Mergers of Publicly Traded Banking Institutions (1996)Performance Changes and Share…The overall gains from large bank mergers (1994)The overall gains from large …The efficiency of financial institutions: A review and preview of research past, present and future (1993)The efficiency of financial i…Bank efficiency derived from the profit function (1993)Bank efficiency derived from …Megamergers in Banking and the Use of Cost Efficiency as an Antitrust Defense (1992)Megamergers in Banking and th…Changes in corporate performance associated with bank acquisitions (1992)Changes in corporate performa…The dominance of inefficiencies over scale and product mix economies in banking (1991)The dominance of inefficienci…Does Corporate Performance Improve After Mergers? (1990)Does Corporate Performance Im…Do Managerial Objectives Drive Bad Acquisitions? (1990)Do Managerial Objectives Driv…Economies of scale and scope at depository financial institutions: a review of the literature (1988)Economies of scale and scope …Competitive viability in banking (1987)Competitive viability in bank…The Hubris Hypothesis of Corporate Takeovers (1986)The Hubris Hypothesis of Corp…Financial Markets (1985)Financial MarketsAgency Problems and the Theory of the Firm (1980)Agency Problems and the Theor…Revisiting the merger and acquisition performance of European banks (2012)Revisiting the merger and acq…Experience Spillovers Across Corporate Development Activities (2009)Experience Spillovers Across …The Impact of Mergers and Acquisitions on the Efficiency of the US Banking Industry: Further Evidence (2007)The Impact of Mergers and Acq…Mergers and acquisitions and bank performance in Europe: The role of strategic similarities (2007)Mergers and acquisitions and …Accounting for distress in bank mergers (2007)Accounting for distress in ba…Explaining M&A Success in European Banks (2004)Explaining M&A Success in Eur…Why Do Banks Merge? (2003)Why Do Banks Merge?The Theory of Financial Intermediation: An Essay On What It Does (Not) Explain (2003)The Theory of Financial Inter…Risk Measurement, Risk Management, and Capital Adequacy in Financial Conglomerates (2003)Risk Measurement, Risk Manage…Risk Management and Capital Adequacy (2003)Risk Management and Capital A…Regulations, Market Structure, Institutions, and the Cost of Financial Intermediation (2003)Regulations, Market Structure…Do bankers sacrifice value to build empires? Managerial incentives, industry consolidation, and financial performance (2003)Do bankers sacrifice value to…The effects of cross-border bank mergers on bank risk and value (2002)The effects of cross-border b…Competition in the Changing World of Banking (2001)Competition in the Changing W…The Impact of Knowledge Codification, Experience Trajectories and Integration Strategies on the Performance of Corporate Acquisitions (1998)The Impact of Knowledge Codif…The efficiency effects of bank mergers and acquisition: A preliminary look at the 1990s data (1998)The efficiency effects of ban…Contestable Markets and the Theory of Industry Structure (1982)Contestable Markets and the Theory of Industry Structure (1982)The impact of liberalization on the productive efficiency of Indian commercial banks (1997)Regulations, Market Structure, Institutions, and the Cost of Financial Intermediation (2003)The Measurement of Productive Efficiency (1957)Production Frontiers and Panel Data (1984)The Measurement of Efficiency of Production (1985)Cost and profit efficiency in European banks (2002)Technical, scale and allocative efficiencies of Turkish banking industry (2002)Outreach and Efficiency of Microfinance Institutions (2011)On corporate governance (1983)The effect of mergers and acquisitions on the efficiency and profitability of EC credit institutions (1996)The evidence on efficiency gains: The role of mergers and the benefits to the public (1999)The impact of state ownership on performance differences in privately-owned versus state-owned banks: An international comparison (2009)Synergistic gains from corporate acquisitions and their division between the stockholders of target and acquiring firms (1988)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Firm Performance and Mechanisms to Control Agency Problems between Managers and Shareholders (1996)New Evidence and Perspectives on Mergers (2001)Allocative efficiency vs. X-Efficiency (1966)Separation of Ownership and Control (1983)Problem loans and cost efficiency in commercial banks (1997)Efficiency in European banking (2001)On the implications of market power in banking: Evidence from developing countries (2009)Judgment under Uncertainty: Heuristics and Biases (1975)The Framing of Decisions and the Psychology of Choice (1981)The market for corporate control (1983)Efficient Capital Markets: II (1991)A Survey of Corporate Governance (1997)CEO Overconfidence and Corporate Investment (2005)Efficiency Estimation of Production Functions (1972)Likelihood functions for generalized stochastic frontier estimation (1980)Measuring cost efficiency in banking (1990)A study of bank efficiency taking into account risk-preferences (1996)Consistency Conditions for Regulatory Analysis of Financial Institutions: A Comparison of Frontier Efficiency Methods (1998)Industry Structure, Market Rivalry, and Public Policy (1973)INPUTS, OUTPUTS, AND A THEORY OF PRODUCTION AND COST AT DEPOSITORY FINANCIAL INSTITUTIONS (1977)Are Mergers Beneficial to Consumers? Evidence from the Market for Bank Deposits (2003)Consolidation and efficiency in the financial sector: A review of the international evidence (2004)Determinants of bank profitability in the South Eastern European region (2006)The Nature of the Firm (1937)Mergers and the Market for Corporate Control (1965)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Dynamic capabilities and strategic management (1997)Risk Reduction as a Managerial Motive for Conglomerate Mergers (1981)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)Enjoying the Quiet Life? Corporate Governance and Managerial Preferences (2003)
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References

  • 1980Agency Problems and the Theory of the Firm10,540 cited
  • 1986The Hubris Hypothesis of Corporate Takeovers3,764 cited
  • 1990Do Managerial Objectives Drive Bad Acquisitions?1,912 cited
  • 1990Does Corporate Performance Improve After Mergers?1,662 cited
  • 1993The efficiency of financial institutions: A review and preview of research past, present and future964 cited
  • 1987Competitive viability in banking894 cited
  • 1991The dominance of inefficiencies over scale and product mix economies in banking849 cited
  • 1993Bank efficiency derived from the profit function635 cited
  • 1997The Effects of Megamergers on Efficiency and Prices: Evidence from a Bank Profit Function538 cited
  • 1992Changes in corporate performance associated with bank acquisitions474 cited
  • 1992Megamergers in Banking and the Use of Cost Efficiency as an Antitrust Defense454 cited
  • 1994The overall gains from large bank mergers389 cited
  • 2020Oxford University Press346 cited
  • 1988Economies of scale and scope at depository financial institutions: a review of the literature286 cited
  • 1985Financial Markets254 cited

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1996
Performance Changes and Shareholder Wealth Creation Associated with Mergers of Publicly Traded Banking Institutions
245 cited

Cited by

  • 2007Mergers and acquisitions and bank performance in Europe: The role of strategic similarities226 cited
  • 2009Experience Spillovers Across Corporate Development Activities224 cited
  • 2002The effects of cross-border bank mergers on bank risk and value218 cited
  • 2001Competition in the Changing World of Banking197 cited
  • 2004Explaining M&A Success in European Banks181 cited
  • 1998The efficiency effects of bank mergers and acquisition: A preliminary look at the 1990s data181 cited
  • 2007The Impact of Mergers and Acquisitions on the Efficiency of the US Banking Industry: Further Evidence154 cited
  • 2003Do bankers sacrifice value to build empires? Managerial incentives, industry consolidation, and financial performance125 cited
  • 2003The Theory of Financial Intermediation: An Essay On What It Does (Not) Explain124 cited
  • 1998The Impact of Knowledge Codification, Experience Trajectories and Integration Strategies on the Performance of Corporate Acquisitions115 cited
  • 2007Accounting for distress in bank mergers114 cited
  • 2003Risk Management and Capital Adequacy110 cited
  • 2003Regulations, Market Structure, Institutions, and the Cost of Financial Intermediation105 cited
  • 2012Revisiting the merger and acquisition performance of European banks104 cited
  • 2003Why Do Banks Merge?104 cited
  • 2003Risk Measurement, Risk Management, and Capital Adequacy in Financial Conglomerates101 cited