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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/19745Full metadata record
| DC Field | Value | Language |
|---|---|---|
| dc.creator | Koetter, Michael | - |
| dc.date | 2005 | - |
| dc.date.accessioned | 2013-10-16T07:06:35Z | - |
| dc.date.available | 2013-10-16T07:06:35Z | - |
| dc.date.issued | 2013-10-16 | - |
| dc.identifier | http://hdl.handle.net/10419/19745 | - |
| dc.identifier | ppn:50399815X | - |
| dc.identifier | RePEc:zbw:bubdp2:4267 | - |
| dc.identifier.uri | http://koha.mediu.edu.my:8181/xmlui/handle/10419/19745 | - |
| dc.description | German banks experienced a merger wave throughout the 1990s. However, the success of bank mergers remains a continuous matter of debate. In this paper we suggest a taxonomy as how to evaluate post-merger performance on the basis of cost efficiency (CE). We categorise mergers a success that fulfill simultaneously two criteria. First, merged institutes must exhibit CE levels above the average of non-merging banks. Second, banks must exhibit CE changes between merger and evaluation year above efficiency changes of non-merging banks. We employ this taxonomy to characterise (successful) mergers in terms of various key-performance and structural indicators and investigate the implications for three important policy issues. Our main conclusions are twofold. First, approximately every second merger is a success. Second, the margin of success is narrow, as the CE differential between merging and non-merging banks is one percentage point. | - |
| dc.language | eng | - |
| dc.relation | Discussion Paper, Series 2: Banking and Financial Supervision 2005,12 | - |
| dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | - |
| dc.subject | G34 | - |
| dc.subject | G33 | - |
| dc.subject | G28 | - |
| dc.subject | G21 | - |
| dc.subject | L44 | - |
| dc.subject | ddc:330 | - |
| dc.subject | Banks mergers | - |
| dc.subject | regulation | - |
| dc.subject | distress | - |
| dc.subject | cost efficiency | - |
| dc.subject | Germany | - |
| dc.subject | Bank | - |
| dc.subject | Fusion | - |
| dc.subject | Übernahme | - |
| dc.subject | Kosten-Wirksamkeits-Analyse | - |
| dc.subject | Wirtschaftliche Effizienz | - |
| dc.subject | Schätzung | - |
| dc.subject | Deutschland | - |
| dc.title | Evaluating the German bank merger wave | - |
| dc.type | doc-type:workingPaper | - |
| Appears in Collections: | EconStor | |
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