Commercial Banks Cross-border M&A and the Target Banks Efficiencies--Evidence from the ICBC
With the M&A cases of the Industrial and Commercial Bank of China (ICBC) as an example, we study the effect of commercial banks cross-border M&A on the target banks efficiencies.Using the data from 2000 to 2013 and a three-stage DEA method, we select 6 M&A cases of ICBC as the samples to measure the efficiencies of the target banks before and after M&A.The results show that the efficiencies of the most banks improve after M&A.Among them, the banks in the emerging market countries and regions located in the surrounding of China and those which have close economic and trade exchanges with China have larger room for improvement.
Commercial banks Cross-border M&A Efficiency ICBC
ZHANG Zhongzheng YUAN Xuemei
School of Economics,University of Jinan,Shandong Province,P.R.China,250002
国际会议
山东 日照
英文
477-481
2015-08-17(万方平台首次上网日期,不代表论文的发表时间)