IDEAS home Printed from https://ideas.repec.org/a/mul/jqmthn/doi10.1435-85317y2016i2p237-282.html
   My bibliography  Save this article

Merger among Italian mutual banks

Author

Listed:
  • Domenico Piatti
  • Peter Cincinelli

Abstract

This study aims to investigate the impact of the consolidation process on the performance of Italian mutual banks during the time period 1999-2013. To assess bank performance, both ante and post Mergers and Acquisitions (M&A), the article uses the partial frontier approach namely order-a together with financial ratios. The empirical results show that banks bail-out requirements, in terms of a lower performance, prevail and lead to mergers through acquisition operations. Merger operations, instead, are much more related to other determinants such as improvement both in profitability and efficiency. Moreover, mergers seek to improve operational conditions, productivity and a major exploitation of a bank service area.

Suggested Citation

  • Domenico Piatti & Peter Cincinelli, 2016. "Merger among Italian mutual banks," Banca Impresa Società, Società editrice il Mulino, issue 2, pages 237-282.
    • Handle: RePEc:mul:jqmthn:doi:10.1435/85317:y:2016:i:2:p:237-282
    as

    Download full text from publisher

    File URL: https://www.rivisteweb.it/download/article/10.1435/85317
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://www.rivisteweb.it/doi/10.1435/85317
    Download Restriction: no
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    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:mul:jqmthn:doi:10.1435/85317:y:2016:i:2:p:237-282. 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: the person in charge (email available below). General contact details of provider: https://www.rivisteweb.it/ .

    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.