An analysis of mergers and acquisitions in the Turkish banking sector

Autor: Mumcu, Ayşe, Zenginobuz, Unal
Rok vydání: 2002
Předmět:
Popis: We explore various aspects of mergers and acquisitions in the banking industry within a simple model that allows explicit comparison of sector performance before and after the mergers and acquisitions. The industry structure we look at involves a few dominant banks and a competitive fringe, which we take it as the structure most likely to resemble the Turkish banking industry in the aftermath of the ongoing restructuring process. Using a reasonable set of parameters to simulate the model, we do comparative statics exercises regarding the impact of mergers among domestic as well as with foreign banks on equilibrium outcomes.
Databáze: OpenAIRE