| Autor: |
Vasile COCRIŞ, Andra Lavinia NICHITEAN, Alin Marius ANDRIEŞ |
| Jazyk: |
angličtina |
| Rok vydání: |
2011 |
| Předmět: |
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| Zdroj: |
Review of Economic and Business Studies, Vol IV, Iss 1, Pp 79-92 (2011) |
| Popis: |
The purpose of this paper is to analyze the impact of mergers and acquisitions on the performance of the two categories of banks involved in this operation: the bidder bank and the target bank. Our analysis is performed on the case of M&A operations performed during 2001-2009 across Central and Eastern European b anking systems. The results showed that the bank acquisitions determine the improvement of the level of technical efficiency of the target banks, and the results of the event study shows the fact that bank acquisitions do not determine significant changes of the market value of the shares of the bidder banks. |
| Databáze: |
OpenAIRE |
| Externí odkaz: |
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