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An analysis of mergers and acquisitions in the Turkish banking sector

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Author Info
Mumcu, Ayşe
Zenginobuz, Unal

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Abstract

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.

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File URL: http://mpra.ub.uni-muenchen.de/191/
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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 191.

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Date of creation: 02 Jan 2002
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Handle: RePEc:pra:mprapa:191

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Related research
Keywords: banking mergers and acquisitions imperfect competition Turkey

Find related papers by JEL classification:
L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Mortgages

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  1. Demirguc-Kunt, Asli & Levine, Ross, 1999. "Bank-based and market-based financial systems - cross-country comparisons," Policy Research Working Paper Series 2143, The World Bank. [Downloadable!]
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