Download or read book Effects of Bank Mergers and Acquisitions on Revenue Efficiency During the Pre merger and Post merger Periods in the Malaysian Banking Sector written by Fakarudin Kamarudin and published by . This book was released on 2011 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Economic Profitability Impact of Mergers Acquisitions among Banks in Lebanon written by Rami Saleh and published by GRIN Verlag. This book was released on 2013-05-08 with total page 97 pages. Available in PDF, EPUB and Kindle. Book excerpt: Doctoral Thesis / Dissertation from the year 2009 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: A, , language: English, abstract: A study of the impact of mergers and acquisitions on the economic profitability among Banks in Lebanon
Download or read book Merger Efficiency and Competition in Malaysian Banking Industry written by and published by . This book was released on 2011 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Past efficiency studies on bank mergers had tended to focus only on those that were motivated by market incentives. The 1999 wave of bank mergers in Malaysia offered a unique opportunity to look into the efficiency effect of bank mergers that were not market-driven. The mergers were largely involuntary following a directive by Bank Negara Malaysia for several groups of banks to merge as single entities. There was also some concern that previous studies had been methodologically unsound by estimating separate frontiers for the pre and post merger periods.
Download or read book Does Operating Performance Really Improve Following Mergers The Case of Malaysian Banks written by Wan Mansor Mahmood and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This study examines whether the recent bank mergers in Malaysia did create synergies as reflected in corporate operating performance measures. Four accrual operating performance measures are used, i.e. Return on Assets (ROA), Return on Equity (ROE), Profit Margin (PM), and Earnings Per Share (EPS). Using a sample of eight anchor banks for a sample period beginning 1997 through 2002, the results show that bank mergers had a significant post-merger improvement that is consistent with the findings of Neely and Rochester (1987) who also employed accrual performance measures in their study on savings and loan institutions in the US. The findings suggest that even though the mergers are 'forced' in nature, it can contribute to synergistic benefits. The gain in the post-merger operating performance was mainly due to the provisions for loan loss, which on average was much lower during the post-merger period compared to the pre-merger period. The study also finds that there is insignificant continuance of pre-merger performance into the post-merger period.
Download or read book Proceedings of the 1st AAGBS International Conference on Business Management 2014 AiCoBM 2014 written by Jaafar Pyeman and published by Springer. This book was released on 2015-07-30 with total page 633 pages. Available in PDF, EPUB and Kindle. Book excerpt: The proceedings of the 1st AAGBS International Conference on Business Management 2014 (AiCoBM 2014), held in Penang, Malaysia, gathers 57 refereed papers. They cover areas relating to various aspects of business management and reflect the conference’s three main themes (management and marketing, economics and finance, and entrepreneurship) and present original papers contributed by researchers, scholars, professionals and postgraduate students. They address a range of disciplines that encompass each of the main themes. Using basic and applied research findings together with case studies they provide valuable information on current research trends in business management, international business, marketing, economics, finance, Islamic finance and economics, and entrepreneurship.
Download or read book The Value Effects of Bank Mergers and Acquisitions in Kenya written by Joseph Muniu and published by LAP Lambert Academic Publishing. This book was released on 2015-03-23 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do mergers and acquisitions in the banking sector matter? This book explores performance, efficiency and shareholders wealth effects of banking institutions' mergers and acquisitions in Kenya for the period 1989 - 2010. Two major approaches are used. The first approach involves modelling performance and efficiency effects to capture benefits streaming to the institutions and the second approach analyses stock returns to determine shareholders' value effects. A Data Envelopment Analysis (DEA) profit efficiency model is used in the efficiency analysis, while events study methodology is engaged to assess stockholder gains. Standard performance ratios are also employed in the study to assess performance gains in the post merger entities. The book then presents bank specific determinants of successful banking institutions mergers and acquisitions.
Download or read book Bank Mergers Acquisitions written by Yakov Amihud and published by Springer Science & Business Media. This book was released on 1998-02-28 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the financial services industry becomes increasingly international, the more narrowly defined and historically protected national financial markets become less significant. Consequently, financial institutions must achieve a critical size in order to compete. Bank Mergers & Acquisitions analyses the major issues associated with the large wave of bank mergers and acquisitions in the 1990's. While the effects of these changes have been most pronounced in the commercial banking industry, they also have a profound impact on other financial institutions: insurance firms, investment banks, and institutional investors. Bank Mergers & Acquisitions is divided into three major sections: A general and theoretical background to the topic of bank mergers and acquisitions; the effect of bank mergers on efficiency and shareholders' wealth; and regulatory and legal issues associated with mergers of financial institutions. It brings together contributions from leading scholars and high-level practitioners in economics, finance and law.
Download or read book The Malaysian Banking Industry written by Rozaimah Zainudin and published by Routledge. This book was released on 2018-06-27 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book provides students and academics in finance and banking with the most recent updates and changes in the Malaysian banking sector post-AFC period. The book explores the evolution of banking policies and practices after the "Tomyam Goong Crisis" and investigates the health of Malaysian banks via efficiency measurement. In addition, it also presents the evolution of bank risk management regulations and practices in Malaysia. The book also discusses the effectiveness of the Malaysian bank bailout strategy with comparison to the banks’ bailout in developed countries such as the US. This book is important and timely since there are very limited books in the market that cover the recent developments on Malaysian banking sectors post-AFC period. Hence, this book serves as the valuable resource for all finance and banking students, academic researchers, and practitioners not limited to the Asian region that require in-depth insights on the latest policies and practices in the Malaysian banking sector.
Download or read book Eurasian Business and Economics Perspectives written by Mehmet Hüseyin Bilgin and published by Springer Nature. This book was released on with total page 619 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book FDIC Banking Review written by and published by . This book was released on 1988 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Efficiency and Productivity Effects of Bank Mergers written by Anthony N. Rezitis and published by . This book was released on 2008 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: The main purpose of this study is to investigate the effect of acquisition activity on the efficiency and total factor productivity of Greek banks. A stochastic output distance function is used to construct a generalized output Malmquist productivity index based on the methodological framework of Orea [Orea, L., 2002. Parametric decomposition of a Generalized Malmquist Productivity Index. Journal of Productivity Analysis 18, 5-22]. The results of the present study indicate that the effects of mergers and acquisition on technical efficiency and total factor productivity growth of Greek banks are rather negative. In particular, the technical efficiency of merger banks decreased in the period after merging, while that of non-merger banks increased over the same period. Furthermore the decrease in total factor productivity for merger banks for the period after merging can be attributed to an increase in technical inefficiency and the disappearance of economies of scale, while technical change remained unchanged compared to the pre-merging level.
Download or read book The Malaysian Banking Industry written by Rozaimah Zainudin and published by Routledge. This book was released on 2018-06-27 with total page 141 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book provides students and academics in finance and banking with the most recent updates and changes in the Malaysian banking sector post-AFC period. The book explores the evolution of banking policies and practices after the "Tomyam Goong Crisis" and investigates the health of Malaysian banks via efficiency measurement. In addition, it also presents the evolution of bank risk management regulations and practices in Malaysia. The book also discusses the effectiveness of the Malaysian bank bailout strategy with comparison to the banks’ bailout in developed countries such as the US. This book is important and timely since there are very limited books in the market that cover the recent developments on Malaysian banking sectors post-AFC period. Hence, this book serves as the valuable resource for all finance and banking students, academic researchers, and practitioners not limited to the Asian region that require in-depth insights on the latest policies and practices in the Malaysian banking sector.
Download or read book The Wealth Effect of Forced Bank Mergers and Cronyism written by Beng Soon Chong and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This study examines the impact of forced bank mergers on the shareholders' wealth of Malaysian banks. Forced bank mergers, which are the result of direct government intervention in the consolidation of the banking industry, are generally rare. Unlike the findings on voluntary mergers and acquisitions, our study shows that the forced merger scheme destroys economic value in aggregate and the acquiring banks tend to gain at the expense of the target banks. Further analysis shows that the contrasting forced merger finding is linked to cronyism.
Download or read book Analysis of Pre and Post Merger and Acquisition Financial Performance of Banks in Pakistan written by Qamar Abbas and published by . This book was released on 2018 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: Merger and Acquisition is a strategy adopted by the organizations globally to meet the needs of dynamic business environment. This strategy also has much importance in Pakistan mostly in banking sector. Therefore, the objective of the study is to assess the impact of M&A on the financial performance of banks in Pakistan. The accounting and financial data of 10 banks were used in this study. Data was taken from the financial statement analysis (FSA) by State Bank of Pakistan from the period of 2006- 2011. For the analysis of pre and post Merger and Acquisition performance 15 financial ratios were used in the study. To compare the results Paired sample t-Test was used to measure the significant difference between pre and post M&A financial performance. The overall results show that there is no significant difference in financial performance. It is concluded that there is insignificant difference between pre and post M&A performance of banks in Pakistan.
Download or read book Determinants of Revenue Efficiency in the Malaysian Islamic Banking Sector written by Fadzlan Sufian and published by . This book was released on 2018 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides new empirical evidence on the revenue efficiency in the Malaysian Islamic banking sector during the period 2006 to 2010. We also examine the internal and external factors influencing the revenue efficiency of the Islamic banks. The sample comprised of 17 domestic and foreign Islamic banks. We employ the Data Envelopment Analysis (DEA) method to compute the revenue efficiency levels. The results indicate that the domestic Islamic banks have exhibited lower revenue efficiency levels compared to their foreign bank peers. We find that capitalization, market power, and liquidity have positive and significant relationships with Malaysian Islamic banks' revenue efficiency. The results indicate that the impacts are not uniform across Islamic banks of different ownership forms.
Download or read book Impact of Mergers and Acquisitions on the Performance of the Indian Bank s Share Price written by Yaduveer Yadav and published by . This book was released on 2019 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents an investigation into the relationship between the announcement of mergers and acquisition and the existence of positive abnormal returns for shares of these firms. The aim of this project is to examine the impact of Merger and Acquisition on the stock prices of Indian Banks by using the Event Study Methodology; it is one of the most frequently used tools in financial research. The objective of Event Study is to assess whether there are any abnormal or excess returns earned by security holders accompanying specific events (e.g. merger announcements, earnings announcements, stock splits), where an abnormal return is the difference between observed return and appropriate return by stock market during a particularly defined event window.In order to analyse the effect of announcement of bank's Merger and Acquisition on stock price, we have considered four cases of Mergers in banking sector. In this study, we tested our results by analysing the daily return of the event windows and compare with average pe-riod return of security. By accepting the abnormal return as a benefit of the acquisition and investors of Acquirer Company received profit in term of share value appraisal. We observed that acquirer got benefit by the acquisition deals and it reflect through the excess return over the normal return of bank's share prices. In last 10 to 15 years banking industry passed through different scenario and to compete in this scenario some banks acquired other banks to improve their own market cap and financial conditions with expanding market by acquisition. The purpose of this study is to figure out the effect of the acquisition on the share capitalization value of the Acquirer Company and abnormal return due to the acquisition. This paper is based upon the secondary data analysis of the acquirer company share prices movements in respect of the market index price movements.
Download or read book The Effects of Megamergers on Efficiency and Prices written by Jalal D. Akhavein and published by . This book was released on 1997 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt:
