IDEAS home Printed from https://ideas.repec.org/a/cmj/journl/y2014i5popovici&turliuc.html
   My bibliography  Save this article

The Effects Of Cross-Border Bank Mergers And Acquisitions On The Productivity Of Credit Institutions

Author

Listed:
  • Andreea N. POPOVICI

    (Faculty of Economics and Business Administration, "Alexandru Ioan Cuza" University of Iasi, Romania)

  • Dragos G. TURLIUC

    (Faculty of Economics and Business Administration, "Alexandru Ioan Cuza" University of Iasi, Romania)

Abstract

The purpose of the current research is to study bank mergers and acquisitions (M&A) and to see whether they have implications on the productivity of the target banks, and also for the bidder bank. The aim of this paper is to see if, during 2002-2008 period, three banks from the European banking system, Banca Comerciala Romana from Romania, Slovenskásporiteľňa from Slovakia and Erste Bank Group from Austria improved their productivity due to the fact that all of them were involved in a process of cross-border merger or acquisitions, even if the bank is the purchaser or the target. To reach our goal, we used DEA method, by estimating the productivity achieved by these three banks during the period pre-M&A, post M&A, but we also estimated the productivity for entire period of seven years. Using Malquist DEA method, we show that, on average, the merger or acquisition in which a bank was involved improved the Total Factor Productivity of all analyzed banks.

Suggested Citation

  • Andreea N. POPOVICI & Dragos G. TURLIUC, 2014. "The Effects Of Cross-Border Bank Mergers And Acquisitions On The Productivity Of Credit Institutions," CrossCultural Management Journal, Fundația Română pentru Inteligența Afacerii, Editorial Department, issue 1, pages 157-167, May.
    • Handle: RePEc:cmj:journl:y:2014:i:5:popovici&turliuc
    as

    Download full text from publisher

    File URL: http://seaopenresearch.eu/Journals/articles/CMJ2014_I1_13.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    M&A; Banking; Performance; Productivity; Efficiency;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cmj:journl:y:2014:i:5:popovici&turliuc. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Serghie Dan (email available below). General contact details of provider: https://seaopenresearch.eu/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.