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Bank Acquisitions and Strategy since the GLB Act

In: Research Handbook on International Banking and Governance

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  • J. Kimball Dietrich

Abstract

The contributors – top international scholars from finance, law and business – explore the role of governance, both internal and external, in explaining risk-taking and other aspects of the behavior of financial institutions. Additionally, they discuss market and policy features affecting objectives and quality of governance. The chapters provide in-depth analysis of factors such as: ownership, efficiency and stability; market discipline; compensation and performance; social responsibility; and governance in non-bank financial institutions. Only through this kind of rigorous examination can one hope to implement the financial reforms necessary and sufficient to reduce the likelihood and severity of future crises.

Suggested Citation

  • J. Kimball Dietrich, 2012. "Bank Acquisitions and Strategy since the GLB Act," Chapters, in: James R. Barth & Chen Lin & Clas Wihlborg (ed.), Research Handbook on International Banking and Governance, chapter 23, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:14045_23
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    References listed on IDEAS

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    1. Aigbe Akhigbe & Jeff Madura, 2004. "Bank acquisitions of security firms: the early evidence," Applied Financial Economics, Taylor & Francis Journals, vol. 14(7), pages 485-496.
    2. Yeager, Timothy J. & Yeager, Fred C. & Harshman, Ellen, 2007. "The Financial Services Modernization Act: Evolution or Revolution?," Journal of Economics and Business, Elsevier, vol. 59(4), pages 313-339.
    3. Chaplinsky, Susan & Erwin, Gayle R., 2009. "Great expectations: Banks as equity underwriters," Journal of Banking & Finance, Elsevier, vol. 33(2), pages 380-389, February.
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