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The Cost of Using Bank Mergers as Defensive Mechanisms against Takeover Threats
15 references·1 citing·50 second hop
The Cost of Using Bank Mergers as Defensive Mechanisms against Takeover Threats (2004)The Cost of Using Bank Mergers as Defensi…Review of Financial Economics (2018)Review of Financial EconomicsThe impact of the manager–shareholder conflict on acquiring bank returns (2002)The impact of the manager–sha…Stockholder gains from focusing versus diversifying bank mergers (2001)Stockholder gains from focusi…The bank merger wave: the economic causes and social consequences of financial consolidation (1999)The bank merger wave: the eco…Markup pricing in mergers and acquisitions (1996)Markup pricing in mergers and…Motivations for Bank Mergers and Acquisitions: Enhancing the Deposit Insurance Put Option versus Earnings Diversification (1995)Motivations for Bank Mergers …Executive pay and performance Evidence from the U.S. banking industry (1995)Executive pay and performance…Benefits of Control, Managerial Ownership, and the Stock Returns of Acquiring Firms (1995)Benefits of Control, Manageri…The Managerial, Regulatory, and Financial Determinants of Bank Merger Premiums (1993)The Managerial, Regulatory, a…Changes in corporate performance associated with bank acquisitions (1992)Changes in corporate performa…Bidder returns in interstate and intrastate bank acquisitions (1992)Bidder returns in interstate …Medium of Payment in Corporate Acquisitions: Evidence from Interstate Bank Mergers (1991)Medium of Payment in Corporat…Common stock returns in corporate takeover bids: Evidence from interstate bank mergers (1991)Common stock returns in corpo…Financial Determinants of Bank Takeovers: Note (1989)Financial Determinants of Ban…The Hubris Hypothesis of Corporate Takeovers (1986)The Hubris Hypothesis of Corp…Firm size, market conditions and takeover likelihood (2019)Firm size, market conditions …On corporate governance (1983)Does Corporate Performance Improve After Mergers? (1990)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)An analytic derivation of the cost of deposit insurance and loan guarantees An application of modern option pricing theory (1977)Risk Reduction as a Managerial Motive for Conglomerate Mergers (1981)Ownership Structure, Deregulation, and Bank Risk Taking (1990)Impact of Independent Directors and the Regulatory Environment on Bank Merger Prices: Evidence from Takeover Activity in the 1990s (2001)Partial Anticipation and the Gains to Bank Merger Targets (2004)‘Too systemically important to fail’ in banking – Evidence from bank mergers and acquisitions (2014)A PURE FINANCIAL RATIONALE FOR THE CONGLOMERATE MERGER (1971)Measuring cost efficiency in banking (1990)The efficiency of financial institutions: A review and preview of research past, present and future (1993)Megamergers and expanded scope: Theories of bank size and activity diversity (1999)Are Banks Too Big To Fail Or Too Big To Save ? International Evidence From Equity Prices And CDS Spreads (2010)Bank competition and financial stability (2017)The market for corporate control (1983)Using daily stock returns (1985)Market perception of efficiency in bank holding company mergers: the roles of the DEA and SFA models in capturing merger potential (2000)Binary choice models and corporate takeover (2003)Revisiting the merger and acquisition performance of European banks (2012)Dividend Policy, Growth, and the Valuation of Shares (1961)Diversification in Banking: Is Noninterest Income the Answer? (2004)The dark side of diversification: The case of US financial holding companies (2005)Bank activity and funding strategies: The impact on risk and returns☆ (2010)Judgment under Uncertainty: Heuristics and Biases (1975)The Framing of Decisions and the Psychology of Choice (1981)Efficient Capital Markets: II (1991)A Survey of Corporate Governance (1997)CEO Overconfidence and Corporate Investment (2005)The Pricing of Options and Corporate Liabilities (1973)Corporate financing and investment decisions when firms have information that investors do not have (1984)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Mergers and Acquisitions and Bank Performance in Europe: The Role of Strategic Similarities (2004)Investor protection and the value effects of bank merger announcements in Europe and the US (2007)Consolidation in the U.S. Banking Industry: Is the “Long, Strange Trip” About to End? (2008)Efficient Capital Markets: A Review of Theory and Empirical Work (1970)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Hostility in Takeovers: In the Eyes of the Beholder? (2000)Do Insiders Learn from Outsiders? Evidence from Mergers and Acquisitions (2005)Globalizing the boardroom—The effects of foreign directors on corporate governance and firm performance (2012)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Executive Job Demands: New Insights for Explaining Strategic Decisions and Leader Behaviors (2005)INNOVATION AND COMPETITIVE PRESSURE* (2008)Banking deregulation and innovation (2013)Large Shareholders and Corporate Control (1986)Firm size and the effectiveness of the market for corporate control (2008)Operating performance changes associated with corporate mergers and the role of corporate governance (2009)Does ownership matter in mergers? A comparative study of the causes and consequences of mergers by family and non-family firms (2010)
this work references cited by second hop

References

  • 1986The Hubris Hypothesis of Corporate Takeovers3,764 cited
  • 1996Markup pricing in mergers and acquisitions811 cited
  • 2001Stockholder gains from focusing versus diversifying bank mergers590 cited
  • 1995Executive pay and performance Evidence from the U.S. banking industry491 cited
  • 1992Changes in corporate performance associated with bank acquisitions474 cited
  • 1995Motivations for Bank Mergers and Acquisitions: Enhancing the Deposit Insurance Put Option versus Earnings Diversification210 cited
  • 2002The impact of the manager–shareholder conflict on acquiring bank returns120 cited
  • 1991Common stock returns in corporate takeover bids: Evidence from interstate bank mergers109 cited
  • 1995Benefits of Control, Managerial Ownership, and the Stock Returns of Acquiring Firms101 cited
  • 1993The Managerial, Regulatory, and Financial Determinants of Bank Merger Premiums82 cited
  • 1989Financial Determinants of Bank Takeovers: Note78 cited
  • 1999The bank merger wave: the economic causes and social consequences of financial consolidation71 cited
  • 2018Review of Financial Economics61 cited
  • 1991Medium of Payment in Corporate Acquisitions: Evidence from Interstate Bank Mergers53 cited
  • 1992

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Bidder returns in interstate and intrastate bank acquisitions
45 cited

Cited by

  • 2019Firm size, market conditions and takeover likelihood26 cited