Advanced Search
MyIDEAS: Login

Cherry Picking or Driving Out Bad Management: Foreign Acquisitions in Turkish Banking

Contents:

Author Info

  • Canan Yildirim

    ()
    (Department of International Finance, Kadir Has University)

Registered author(s):

    Abstract

    This paper analyzes the determinants of cross-border acquisitions and the impact of foreign acquisitions on performance in the Turkish banking sector. The results suggest that foreign banks target relatively better performing banks to acquire, and that post-acquisition performance of the targets does not improve. There is some evidence that both established and newly acquired foreign banks focus on expanding their market shares. Concerning static-ownership effects, the results also show that, in general, foreign-owned and state-owned banks perform as well as private-owned domestic banks. The only exception is with respect to non-performing loans, in that state-owned banks seem to suffer from asset quality problems.

    Download Info

    If 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.
    File URL: http://www.erf.org.eg/CMS/getFile.php?id=1779
    Our checks indicate that this address may not be valid because: 404 Not Found. If this is indeed the case, please notify (Namees Nabeel)
    Download Restriction: no

    File URL: http://www.erf.org.eg/cms.php?id=NEW_publication_details_working_papers&publication_id=1283
    Our checks indicate that this address may not be valid because: 404 Not Found. If this is indeed the case, please notify (Namees Nabeel)
    Download Restriction: no

    Bibliographic Info

    Paper provided by Economic Research Forum in its series Working Papers with number 568.

    as in new window
    Length: 19 pages
    Date of creation: Nov 2010
    Date of revision: Nov 2010
    Publication status: Published by The Economic Research Forum (ERF)
    Handle: RePEc:erg:wpaper:568

    Contact details of provider:
    Postal: 7 Boulos Hanna Street, Dokki, Cairo
    Phone: 202-3370810
    Fax: 202-3616042
    Email:
    Web page: http://www.erf.org.eg
    More information through EDIRC

    Related research

    Keywords:

    This paper has been announced in the following NEP Reports:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:erg:wpaper:568. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Namees Nabeel).

    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.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.

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