During the last fifteen years, the European banking industry has experienced considerable consolidation through mergers and acquisitions against the background of the introduction of the single currency and reductions in cross-border barriers. This paper investigates whether these changes impacted on announcement period gains of the banks acquiring targets by examining the pre-euro, run-up to the euro and post euro eras. Evidence suggests bidders' gains have fallen with the development of economic and monetary union. It also reveals significant differences in the gains from acquisitions within and outside the eurozone. These results are consistent with increased competition among bidders and increased integration of the market in the eurozo...
McCarthy K. J. and Dolfsma W. The euro and its impact on the number, size, performance and regional ...
McCarthy K. J. and Dolfsma W. The euro and its impact on the number, size, performance and regional ...
McCarthy K. J. and Dolfsma W. The euro and its impact on the number, size, performance and regional ...
During the last fifteen years, the European banking industry has experienced considerable consolidat...
During the last fifteen years, the European banking industry has experienced considerable consolidat...
"During the last fifteen years, the European banking industry has experienced considerable consolida...
The introduction of the euro has presented the European banking industry with an opportunity to exam...
The introduction of the euro has presented the European banking industry with an opportunity to exam...
The increase in the concentration of the banking industry across European Union countries during th...
This paper analyzes the backgrounds and implications of the consolidation trend in the European bank...
This paper analyzes the backgrounds and implications of the consolidation trend in the European bank...
This paper analyzes the backgrounds and implications of the consolidation trend in the European bank...
This paper analyzes the backgrounds and implications of the consolidation trend in the European bank...
The last two decades since the early 1990s were characterised by important factors that influenced t...
The paper studies the evolution and determinants of banking integration across European countries, i...
McCarthy K. J. and Dolfsma W. The euro and its impact on the number, size, performance and regional ...
McCarthy K. J. and Dolfsma W. The euro and its impact on the number, size, performance and regional ...
McCarthy K. J. and Dolfsma W. The euro and its impact on the number, size, performance and regional ...
During the last fifteen years, the European banking industry has experienced considerable consolidat...
During the last fifteen years, the European banking industry has experienced considerable consolidat...
"During the last fifteen years, the European banking industry has experienced considerable consolida...
The introduction of the euro has presented the European banking industry with an opportunity to exam...
The introduction of the euro has presented the European banking industry with an opportunity to exam...
The increase in the concentration of the banking industry across European Union countries during th...
This paper analyzes the backgrounds and implications of the consolidation trend in the European bank...
This paper analyzes the backgrounds and implications of the consolidation trend in the European bank...
This paper analyzes the backgrounds and implications of the consolidation trend in the European bank...
This paper analyzes the backgrounds and implications of the consolidation trend in the European bank...
The last two decades since the early 1990s were characterised by important factors that influenced t...
The paper studies the evolution and determinants of banking integration across European countries, i...
McCarthy K. J. and Dolfsma W. The euro and its impact on the number, size, performance and regional ...
McCarthy K. J. and Dolfsma W. The euro and its impact on the number, size, performance and regional ...
McCarthy K. J. and Dolfsma W. The euro and its impact on the number, size, performance and regional ...