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Efficiency vs. Agency Motivations for Bank Takeovers: Some Empirical Evidence
16 references·1 citing·53 second hopsampled
Efficiency vs. Agency Motivations for Bank Takeovers: Some Empirical Evidence (2006)Efficiency vs. Agency Motivations for Ban…Financial Systems and the Role of Banks in Monetary Policy Transmission in the Euro Area (2010)Financial Systems and the Rol…‘Some contagion, some interdependence’: More pitfalls in tests of financial contagion (2005)‘Some contagion, some interde…The monetary transmission mechanism: Evidence from the industries of five OECD countries (2004)The monetary transmission mec…Does bank capital affect lending behavior? (2004)Does bank capital affect lend…Consolidation and efficiency in the financial sector: A review of the international evidence (2004)Consolidation and efficiency …The Effects of Regulatory Reform on Competition in the Banking Industry (2003)The Effects of Regulatory Ref…Firm Size Distribution and Growth* (2003)Firm Size Distribution and Gr…Are Mergers Beneficial to Consumers? Evidence from the Market for Bank Deposits (2003)Are Mergers Beneficial to Con…A Primer on Financial Contagion (2003)A Primer on Financial Contagi…Where do merger gains come from? Bank mergers from the perspective of insiders and outsiders (2001)Where do merger gains come fr…Promise and Pitfalls in the Use of “Secondary” Data-Sets: Income Inequality in OECD Countries as a Case Study (2001)Promise and Pitfalls in the U…Efficiency in European banking (2001)Efficiency in European bankingCEO compensation and bank mergers (2001)CEO compensation and bank mer…The consolidation of the financial services industry: Causes, consequences, and implications for the future (1999)The consolidation of the fina…Investment and Demand Uncertainty (1999)Investment and Demand Uncerta…Agency costs of free cash flow, corporate finance, and takeovers (1996)Agency costs of free cash flo…Scenario Based Principal Component Value-at-Risk: An Application to Italian Banks' Interest Rate Risk Exposure (2006)Scenario Based Principal Comp…A Model of Balance-of-Payments Crises (1979)Foundations of International Macroeconomics (1997)No Contagion, Only Interdependence: Measuring Stock Market Comovements (2002)Empirical modelling of contagion: a review of methodologies (2005)Social Interactions in High School: Lessons from an Earthquake (2007)Global financial crisis and emerging stock market contagion: A multivariate FIAPARCH–DCC approach (2013)On the measurement of inequality (1970)Distributive Politics and Economic Growth (1994)The World Distribution of Income: Falling Poverty and ... Convergence, Period (2006)Rising Income Inequality: Technology, or Trade and Financial Globalization? (2013)Trends in Income Inequality and its Impact on Economic Growth (2014)Economic Growth and Income Inequality (2019)Efficiency Estimation from Cobb-Douglas Production Functions with Composed Error (1977)Formulation and estimation of stochastic frontier production function models (1977)A comparative study of efficiency in European banking (2003)The determinants of banks' profits in Greece during the period of EU financial integration (2008)Econometric Analysis of Panel Data (2021)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Financing Constraints and Corporate Investment (1988)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)Entrepreneurship and Bank Credit Availability (2002)What Drives Bank Competition? Some International Evidence (2004)The dark side of diversification: The case of US financial holding companies (2005)The Hubris Hypothesis of Corporate Takeovers (1986)Valuation: Measuring and managing the value of companies (1992)The outsourcing of R&D through acquisitions in the pharmaceutical industry (2005)Mergers and Acquisitions of Financial Institutions: A Review of the Post-2000 Literature (2009)Transmission of Volatility Between Stock Markets (1989)Transmission of Volatility between Stock Markets (1990)Family succession and firm performance: Evidence from Italian family firms (2007)Assessing financial contagion in the interbank market: Maximum entropy versus observed interbank lending patterns (2010)Service Regulation and Growth: Evidence from OECD Countries (2011)Corporate financing and investment decisions when firms have information that investors do not have (1984)Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have (1984)Insiders and Outsiders: The Choice between Informed and Arm's-Length Debt (1992)Emerging markets’ spreads and global financial conditions (2007)Enjoying the Quiet Life under Deregulation? Evidence from Adjusted Lerner Indices for U.S. Banks (2010)GROWTH, BETA AND AGENCY COSTS AS DETERMINANTS OF DIVIDEND PAYOUT RATIOS (1982)Two Agency-Cost Explanations of Dividends (1984)Corporate performance and managerial remuneration (1985)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)What Do We Know about Capital Structure? Some Evidence from International Data (1995)A Survey of Corporate Governance (1997)The Economic Institutions of Capitalism (1987)Investment under Uncertainty (1994)Multiple versus Single Banking Relationships: Theory and Evidence (2000)Economic policy uncertainty and firm-level investment (2013)The Asset Redeployability Channel: How Uncertainty Affects Corporate Investment (2016)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations (1991)Bank profitability and the business cycle (2008)Relationship and Transaction Lending in a Crisis (2016)Macroprudential Policy, Countercyclical Bank Capital Buffers, and Credit Supply: Evidence from the Spanish Dynamic Provisioning Experiments (2017)
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References

  • 1996Agency costs of free cash flow, corporate finance, and takeovers9,308 cited
  • 1999The consolidation of the financial services industry: Causes, consequences, and implications for the future1,480 cited
  • 2001Promise and Pitfalls in the Use of “Secondary” Data-Sets: Income Inequality in OECD Countries as a Case Study905 cited
  • 1999Investment and Demand Uncertainty802 cited
  • 2005‘Some contagion, some interdependence’: More pitfalls in tests of financial contagion791 cited
  • 2004Does bank capital affect lending behavior?784 cited
  • 2001Efficiency in European banking725 cited
  • 2003A Primer on Financial Contagion696 cited
  • 2001Where do merger gains come from? Bank mergers from the perspective of insiders and outsiders559 cited
  • 2004Consolidation and efficiency in the financial sector: A review of the international evidence527 cited
  • 2003Are Mergers Beneficial to Consumers? Evidence from the Market for Bank Deposits492 cited
  • 2010Financial Systems and the Role of Banks in Monetary Policy Transmission in the Euro Area457 cited
  • 2004The monetary transmission mechanism: Evidence from the industries of five OECD countries450 cited
  • 2001CEO compensation and bank mergers446 cited
  • 2003

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The Effects of Regulatory Reform on Competition in the Banking Industry
442 cited
  • 2003Firm Size Distribution and Growth*439 cited
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    • 2006Scenario Based Principal Component Value-at-Risk: An Application to Italian Banks' Interest Rate Risk Exposure24 cited