银行跨国并购对效率影响:理论研究与欧洲实践

银行跨国并购成为第五次并购浪潮的热点。通过研究可以发现 ,尽管银行跨国并购具有产生巨大效率收益的潜力 ,但并购后的业绩提高却是有限的。通过对欧洲银行跨国并购的研究 ,发现利润效率得到了局部的有限提高 ,但成本效率却没有表现出什么明显的提高 ,

Research of the Cross - border Banking M&A & Bank Efficiency

This paper focuses on the efficiency explanations for cross-border bank M&As. Tt reviews the extant literature on the relationship between bank mergers and efficiency, with a focus on cross-border bank M&A, then describes the sample of European banking cross-border deals over the 1990-2001 period and contains the empirical setup and the main results, in the end draws a number of conclusions and outlines some potential avenues for further research.