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Determinantes de las fusiones y adquisiciones en el sistema financiero colombiano. 1990-2007

Author

Listed:
  • Andrés Felipe García Suaza

    ()

  • .José Eduardo Gómez González

    ()

Abstract

El sistema financiero colombiano ha sufrido cambios importantes en las últimas décadas. Un período de expansión seguido de una profunda crisis económica repercutieron de manera importante en la estructura y concentración de este mercado. Se ha analizado de manera amplia el efecto de la quiebra y la fusión de las instituciones financieras; sin embargo no se ha hecho un estudio microeconométrico para determinar los determinantes de este tipo de operaciones. Este documento se concentra en determinar cuales son las variables claves que incentivan la participación de las instituciones financieras colombianas en operaciones de integración, mediante la estimación de modelos de duración y el uso de variables microeconómicas de desempeño de las instituciones financieras y variables macro que reflejan el nivel de concentración del mercado y el desempeño de la economía.

Suggested Citation

  • Andrés Felipe García Suaza & .José Eduardo Gómez González, 2009. "Determinantes de las fusiones y adquisiciones en el sistema financiero colombiano. 1990-2007," Borradores de Economia 550, Banco de la Republica de Colombia.
  • Handle: RePEc:bdr:borrec:550
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    References listed on IDEAS

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    Cited by:

    1. José Eduardo Gómez Gónzalez & Jorge Marío Uribe Gil & Hernán Piñeros Gordo, 2009. "Determinantes de la Rentabilidad de los Bancos en Colombia: ¿Importa la Tasa de Cambio?," Borradores de Economia 556, Banco de la Republica de Colombia.
    2. García-Suaza, Andrés Felipe & Gómez-González, José E., 2010. "The competing risks of acquiring and being acquired: Evidence from Colombia's financial sector," Economic Systems, Elsevier, vol. 34(4), pages 437-449, December.

    More about this item

    Keywords

    Fusiones y adquisición; integración; sector financiero; modelos de duración. Classification JEL: G2; G3; C2.;

    JEL classification:

    • G2 - Financial Economics - - Financial Institutions and Services
    • G3 - Financial Economics - - Corporate Finance and Governance
    • C2 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables

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