The Impact of Mergers and Acquisitions on the Market Value of Shares of Erste Bank Group

Andreea Nicoleta Popovici
Additional contact information
Andreea Nicoleta Popovici: Alexandru Ioan Cuza University, Iasi, Romania

Timisoara Journal of Economics and Business, 2014, vol. 7, issue 1, 102-112

Abstract: Mergers and acquisitions are ways used by banks to improve their profitability and to obtain other advantages. The purpose of this study is to analyze the impact of mergers and acquisitions on the performance of the bidder bank. For this study, I have chosen to research the impact of acquisitions and mergers of Erste Group during 2000-2011, considering the target bank is in Central and Eastern Europe. Using the event study methodology, the result of the study shows that a merger or an acquisition does not improve the value market of the shares of the bidder bank.

Keywords: Banking; Mergers&Aquisitions; Market Value. (search for similar items in EconPapers)
JEL-codes: G21 G34 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.tjeb.ro/index.php/tjeb/article/view/TJEB7-1_102to112/pdf (application/pdf)
http://www.tjeb.ro/index.php/tjeb/article/view/TJEB7-1_102to112 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wun:timjeb:tjeb:v07:y2014:i01:a06

Ordering information: This journal article can be ordered from
16 J. H. Pestalozzi Street, 300115 Timisoara Romania
http://www.tjeb.ro

Access Statistics for this article

Timisoara Journal of Economics and Business is currently edited by Mihaela Neamtu and Camelia Margea

More articles in Timisoara Journal of Economics and Business from West University of Timisoara, Romania, Faculty of Economics and Business Administration Contact information at EDIRC.
Bibliographic data for series maintained by Romeo Margea ().