EconPapers    
Economics at your fingertips  
 

Dynamic Effects of Mergers and Acquisitions on the Performance of Commercial European Banks

Toumi Hassen (), Issaoui Fakhri (), Ammouri Bilel (), Touili Wassim () and Hamdi Faouzi ()
Additional contact information
Toumi Hassen: University of Economics and Management of Sfax
Issaoui Fakhri: Elmajmaa University
Ammouri Bilel: University of Tunis (ESSEC Tunis)
Touili Wassim: Ecole Supérieure de Commerce de Tunis ESCT
Hamdi Faouzi: Elmajmaa University

Journal of the Knowledge Economy, 2018, vol. 9, issue 3, 1032-1048

Abstract: Abstract In this paper, we have shown that the operations of Mergers and Acquisitions (M&A) are necessary for the growth of banks and for passing to increase the scale of returns. The empirical results have confirmed this affirmation. The time has had a negative effect on efficiency while the dummy M&A variable has had positive effects. The composite mergers-time variable has had positive effects, which means that in the long run the M&A achieve all their aims. Our study, therefore, is the first to analyze the dynamic effects of mergers on bank performance derived from both the acquisition of another bank and time, using panel data methodology, for the period 2005–2013, in a sample of 60 acquire banks, in 17 European countries.

Keywords: Performance; Mergers; Dynamic effects; Panel Data (search for similar items in EconPapers)
JEL-codes: G15 G21 G24 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://link.springer.com/10.1007/s13132-016-0389-1 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

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:spr:jknowl:v:9:y:2018:i:3:d:10.1007_s13132-016-0389-1

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/13132

Access Statistics for this article

Journal of the Knowledge Economy is currently edited by Elias G. Carayannis

More articles in Journal of the Knowledge Economy from Springer, Portland International Center for Management of Engineering and Technology (PICMET)
Bibliographic data for series maintained by Sonal Shukla ().

 
Page updated 2019-05-21
Handle: RePEc:spr:jknowl:v:9:y:2018:i:3:d:10.1007_s13132-016-0389-1