Do regulatory bank mergers improve operating performance?

2021 ◽  
Vol 73 ◽  
pp. 152-174
Author(s):  
Abdullah Mamun ◽  
George Tannous ◽  
Sicong Zhang
Keyword(s):  
Operating Performance ◽  
Bank Mergers ◽  
Improve Operating

Does operating performance really improve following financial institutions merger : a case of Malaysian banks

2007 ◽  
Vol 4 (1) ◽  
pp. 77
Author(s):  
Wan Mansor Wan Mahmood ◽  
Rashidah Mohamad
Keyword(s):  
Performance Measures ◽  
Financial Institutions ◽  
Operating Performance ◽  
Profit Margin ◽  
Sample Period ◽  
Bank Mergers ◽  
Loan Loss ◽  
Return On Equity ◽  
Savings And Loan ◽  
The Us

This study examines whether the recent bank mergers exercise in Malaysia create synergies reflected in corporate operating performance measures. Four accrual operatingperformance measures are used, i.e. Return on Asset (ROA), Return on Equity (ROE), Profit Margin (PM), and Earning Per Share (EPS). Using a sample of eight anchor banks for a sample period beginning 1997 through 2002, the results show that bank mergers lead to significant post merger improvements, which is consistent with the findings of Neely and Rochester (1987) who also employ accrual performance measures in their study on savings and loan institutions in the us. The findings suggest that even though the mergers are 'forced' in nature, it is able to contribute to the synergistic benefits. The gain in the post-merger operating performance is likely to be due to the provisions for loan loss, which on average is much lower during the post-merger period compared to the pre-merger period. The study also finds that there is an insignificant continuance of pre-merger performance into the post-merger period.

Operating performance of European bank mergers

2009 ◽  
Vol 29 (3) ◽  
pp. 345-366 ◽  
Author(s):  
Ahmad Ismail ◽  
Ian Davidson ◽  
Regina Frank
Keyword(s):  
Operating Performance ◽  
Bank Mergers ◽  
European Bank

scholarly journals Efficiency, Value addition and performance of US bank mergers

2016 ◽  
Vol 14 (1) ◽  
pp. 59-72
Author(s):  
Abu Naiahn Faisal Khan ◽  
Kabir Hassan ◽  
Neal Maroney ◽  
Jose Francisco Rubio
Keyword(s):  
Mergers And Acquisitions ◽  
Performance Metrics ◽  
Operating Performance ◽  
Product Diversification ◽  
Bank Mergers ◽  
Value Addition ◽  
Cost Cutting ◽  
Overall Performance ◽  
And Performance ◽  
Revenue Enhancement

There is little consensus regarding the overall performance of mergers and acquisitions in the banking industry. The goal of this paper is to investigate the change in operating performance, efficiency, and value addition of US bank mergers and acquisitions after GLBA. We extend the previous research by combining all the previous methodologies used in mergers and acquisitions studies and add a new methodology, namely Expected EVA improvement. We will test whether these performance metrics yield similar results or if the performance of mergers varies depending on the measurements. We will also examine the factors that have significant impact on changes in bank performance. Our empirical results lead to the conclusion that the industry-adjusted operating performance of merged banks increases significantly after a merger. This finding is consistent with the findings of Cornett et al. (2006).We also find that the acquirer expected EVA improvement increases significantly after a merger. Revenue enhancement opportunity appears to be more profitable if there exists more opportunity for cost cutting such as geographically focused and diversified mergers. Product diversification mergers increase the industry adjusted performance more than product focused mergers. The efficiency or profitability of targets have either a positive or no effect on acquirer performance.

Evaluation of Fiscal Policy Effect of China’s Photovoltaic Industry

2018 ◽  
pp. 111-116 ◽  
Author(s):  
Gang AN ◽  
Hang WANG
Keyword(s):  
Fiscal Policy ◽  
Research And Development ◽  
Operating Performance ◽  
Fiscal Policies ◽  
Micro Data ◽  
Policy Effect ◽  
Policy Suggestions ◽  
Asset Size ◽  
The Empirical Analysis

To explore the role of fiscal policies in promoting the development of photovoltaic industry, the effects of financial subsidies on the development of China’s photovoltaic industry were analyzed by using the micro data of listed companies. The empirical analysis results in this study indicate that the fiscal policies represented by financial subsidies play a remarkable positive impetus function and financial subsidies are positively correlated with the operating performance of Photovoltaic enterprises. With larger the asset size and higher the Research and Development (R&D) investments, the operating performance of Photovoltaic enterprises is the better. Based on the above results, this study puts forward some policy suggestions on optimizing fiscal policy tools and further promoting the development of photovoltaic industry.

Firm value and Operating performance of IPO firms

2011 ◽  
Vol 25 (1) ◽  
pp. 177-195 ◽  
Author(s):  
Kim Nam Gon ◽  
Park Young-Seog
Keyword(s):  
Firm Value ◽  
Operating Performance
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