Transparency of Regulation and Cross-Border Bank Mergers Analysis of Interest Rate Differentials across the Monetary Union
AbstractThere is ample anecdotal evidence that political influence might constitute a barrier to the integration of European banking markets. Based on a data set on the transparency of the supervisory review process of bank mergers in the EU, we estimate the probability that a credit institution will be taken over as a function of bank and country characteristics and the transparency of merger control. The results indicate that a credit institution is systematically more likely to be taken over by foreign banks if the regulatory process is transparent. In particular, large banks seem to be less likely to be taken over by foreign credit institutions if merger control lacks procedural transparency.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by International Journal of Central Banking in its journal International Journal of Central Banking.
Volume (Year): 5 (2009)
Issue (Month): 1 (March)
Find related papers by JEL classification:
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
- G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
- G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Roman Matoušek & Anita Taci, 2005.
"Efficiency in Banking: Empirical Evidence from the Czech Republic,"
Economic Change and Restructuring,
Springer, vol. 37(3), pages 225-244, 09.
- Roman Matoušek & Anita Taci, 2004. "Efficiency in Banking: Empirical Evidence from the Czech Republic," Economic Change and Restructuring, Springer, vol. 37(3), pages 225-244, 09.
- Cummins, J. David & Tennyson, Sharon & Weiss, Mary A., 1999.
"Consolidation and efficiency in the US life insurance industry,"
Journal of Banking & Finance,
Elsevier, vol. 23(2-4), pages 325-357, February.
- J. David Cummins & Sharon Tennyson & Mary A. Weiss, 1998. "Consolidation and Efficiency in the U.S. Life Insurance Industry," Center for Financial Institutions Working Papers 98-08, Wharton School Center for Financial Institutions, University of Pennsylvania.
- J. David Cummins & Sharon Tennyson & Mary A. Weiss, 1998. "Consolidation and efficiency in the U.S. life insurance industry," Working Papers 98-18, Federal Reserve Bank of Philadelphia.
- Peristiani, Stavros, 1997.
"Do Mergers Improve the X-Efficiency and Scale Efficiency of U.S. Banks? Evidence from the 1980s,"
Journal of Money, Credit and Banking,
Blackwell Publishing, vol. 29(3), pages 326-37, August.
- Stavros Peristiani, 1996. "Do mergers improve the x-efficiency and scale efficiency of U.S. banks?: Evidence from the 1980s," Research Paper 9623, Federal Reserve Bank of New York.
- Demirguc, Asli & Huizinga, Harry, 1999.
"Determinants of Commercial Bank Interest Margins and Profitability: Some International Evidence,"
World Bank Economic Review,
World Bank Group, vol. 13(2), pages 379-408, May.
- Demirguc-Kunt, Asli & Huizinga, Harry, 1998. "Determinants of commercial bank interest margins and profitability : some international evidence," Policy Research Working Paper Series 1900, The World Bank.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Timo Laurmaa).
If references are entirely missing, you can add them using this form.