The Value Effects of Bank Mergers and Acquisitions in Kenya

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Publisher : LAP Lambert Academic Publishing
ISBN 13 : 9783659464157
Total Pages : 200 pages
Book Rating : 4.4/5 (641 download)

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Book Synopsis The Value Effects of Bank Mergers and Acquisitions in Kenya by : Joseph Muniu

Download or read book The Value Effects of Bank Mergers and Acquisitions in Kenya written by Joseph Muniu and published by LAP Lambert Academic Publishing. This book was released on 2015-03-23 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do mergers and acquisitions in the banking sector matter? This book explores performance, efficiency and shareholders wealth effects of banking institutions' mergers and acquisitions in Kenya for the period 1989 - 2010. Two major approaches are used. The first approach involves modelling performance and efficiency effects to capture benefits streaming to the institutions and the second approach analyses stock returns to determine shareholders' value effects. A Data Envelopment Analysis (DEA) profit efficiency model is used in the efficiency analysis, while events study methodology is engaged to assess stockholder gains. Standard performance ratios are also employed in the study to assess performance gains in the post merger entities. The book then presents bank specific determinants of successful banking institutions mergers and acquisitions.

The Value Effects of Bank Mergers and Acquisitions

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (595 download)

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Book Synopsis The Value Effects of Bank Mergers and Acquisitions by : Steven J. Pilloff

Download or read book The Value Effects of Bank Mergers and Acquisitions written by Steven J. Pilloff and published by . This book was released on 1997* with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Economic & Profitability Impact of Mergers & Acquisitions among Banks in Lebanon

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Publisher : GRIN Verlag
ISBN 13 : 3656426880
Total Pages : 97 pages
Book Rating : 4.6/5 (564 download)

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Book Synopsis The Economic & Profitability Impact of Mergers & Acquisitions among Banks in Lebanon by : Rami Saleh

Download or read book The Economic & Profitability Impact of Mergers & Acquisitions among Banks in Lebanon written by Rami Saleh and published by GRIN Verlag. This book was released on 2013-05-08 with total page 97 pages. Available in PDF, EPUB and Kindle. Book excerpt: Doctoral Thesis / Dissertation from the year 2009 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: A, , language: English, abstract: A study of the impact of mergers and acquisitions on the economic profitability among Banks in Lebanon

Do Mergers and Acquisitions Impact Bank Lending Behavior in Kenya?

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Do Mergers and Acquisitions Impact Bank Lending Behavior in Kenya? by : Farida Abdul

Download or read book Do Mergers and Acquisitions Impact Bank Lending Behavior in Kenya? written by Farida Abdul and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the impact of bank merger and acquisitions (M&As) on lending behavior by commercial banks. We employ the dataset of 31 sample Kenyan commercial banks over the period 2003 to 2015. Further we employ panel data models as well as difference-in-differences (DID) to explain the effects of mergers on loan pricing behavior and credit supply. The empirical analysis document evidence to the effect that bank M&As lowers lending rates besides increasing loan supply. These results imply that merged banks can obtain synergy gains and can pass these gains to their customers in form of reduced lending rates and increased credit availability. However, regulators need to carefully balance between the efficiency gains of M&As vis-à-vis the possible costs of increased market power that results from the merger activities.

Bank Mergers

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Publisher :
ISBN 13 :
Total Pages : 380 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Bank Mergers by : Jayshree Bose

Download or read book Bank Mergers written by Jayshree Bose and published by . This book was released on 2006 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book attempts to exercise a rare restraint in two very crucial and controversial areas of global bank mergers by blindly extolling the virtues of mega bank mergers and the ceaseless flow of economies of scale it supposedly brings; and to resist the t

The Effects of Bank Mergers on Credit Availability

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Publisher :
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.X/5 (4 download)

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Book Synopsis The Effects of Bank Mergers on Credit Availability by : Emilia Bonaccorsi di Patti

Download or read book The Effects of Bank Mergers on Credit Availability written by Emilia Bonaccorsi di Patti and published by . This book was released on 2004 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Efficiency Effects of Bank Mergers and Acquisitions

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (67 download)

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Book Synopsis Efficiency Effects of Bank Mergers and Acquisitions by : Harry Huizinga

Download or read book Efficiency Effects of Bank Mergers and Acquisitions written by Harry Huizinga and published by . This book was released on 2001 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Impact of Mergers and Acquisitions on the Performance of the Indian Bank's Share Price

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Publisher :
ISBN 13 :
Total Pages : 12 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Impact of Mergers and Acquisitions on the Performance of the Indian Bank's Share Price by : Yaduveer Yadav

Download or read book Impact of Mergers and Acquisitions on the Performance of the Indian Bank's Share Price written by Yaduveer Yadav and published by . This book was released on 2019 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents an investigation into the relationship between the announcement of mergers and acquisition and the existence of positive abnormal returns for shares of these firms. The aim of this project is to examine the impact of Merger and Acquisition on the stock prices of Indian Banks by using the Event Study Methodology; it is one of the most frequently used tools in financial research. The objective of Event Study is to assess whether there are any abnormal or excess returns earned by security holders accompanying specific events (e.g. merger announcements, earnings announcements, stock splits), where an abnormal return is the difference between observed return and appropriate return by stock market during a particularly defined event window.In order to analyse the effect of announcement of bank's Merger and Acquisition on stock price, we have considered four cases of Mergers in banking sector. In this study, we tested our results by analysing the daily return of the event windows and compare with average pe-riod return of security. By accepting the abnormal return as a benefit of the acquisition and investors of Acquirer Company received profit in term of share value appraisal. We observed that acquirer got benefit by the acquisition deals and it reflect through the excess return over the normal return of bank's share prices. In last 10 to 15 years banking industry passed through different scenario and to compete in this scenario some banks acquired other banks to improve their own market cap and financial conditions with expanding market by acquisition. The purpose of this study is to figure out the effect of the acquisition on the share capitalization value of the Acquirer Company and abnormal return due to the acquisition. This paper is based upon the secondary data analysis of the acquirer company share prices movements in respect of the market index price movements.

Short-term, Long-term, and Efficiency Impacts of Recent Mergers and Acquisitions in the U.S. Banking Industry

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (586 download)

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Book Synopsis Short-term, Long-term, and Efficiency Impacts of Recent Mergers and Acquisitions in the U.S. Banking Industry by :

Download or read book Short-term, Long-term, and Efficiency Impacts of Recent Mergers and Acquisitions in the U.S. Banking Industry written by and published by . This book was released on 2004 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation examines the wealth effects of bank mergers on bidder, target, and combined firm shareholders for a sample of 785 mergers during the period 1980-2000. The dissertation employs two unique bank event study methodologies to calculate abnormal returns for bidder, target and combined firms. The first methodology is a modified market model that controls for shocks common to the banking industry. The second is an EGARCH (1,1) model that adjusts for the violated regression assumptions of the traditional market model event study. Namely, it controls for the linearity assumption, heteroskedasticity, and the correlation in the error term. The results of both methodologies reveal that target shareholders enjoy significantly positive abnormal returns, whereas the bidder shareholders experience significantly negative abnormal returns. Overall, announcements of bank mergers generate positive wealth effects for the combined shareholders. However, the evidence presented in this dissertation, to some extent, underscores the importance of the choice of models describing stock returns in examining the impact of bank mergers. In addition, when mergers are analyzed to determine the effects of relative size and relative book-to-market values, we find evidence that the relative size significantly affects the target, bidder and combined firm return; method of payment is also found to be significant in abnormal returns. Moreover, we find that the number of bidders affects only the bidder returns, while book-to-market values are irrelevant factors.

Effects of Bank Mergers and Acquisitions on Revenue Efficiency During the Pre-merger and Post-merger Periods in the Malaysian Banking Sector

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Publisher :
ISBN 13 :
Total Pages : 438 pages
Book Rating : 4.:/5 (975 download)

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Book Synopsis Effects of Bank Mergers and Acquisitions on Revenue Efficiency During the Pre-merger and Post-merger Periods in the Malaysian Banking Sector by : Fakarudin Kamarudin

Download or read book Effects of Bank Mergers and Acquisitions on Revenue Efficiency During the Pre-merger and Post-merger Periods in the Malaysian Banking Sector written by Fakarudin Kamarudin and published by . This book was released on 2011 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Effects of Bank Mergers and Acquisitions on Stock Prices

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Publisher :
ISBN 13 :
Total Pages : 27 pages
Book Rating : 4.:/5 (994 download)

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Book Synopsis The Effects of Bank Mergers and Acquisitions on Stock Prices by : Anthony L. Bennett (Jr.)

Download or read book The Effects of Bank Mergers and Acquisitions on Stock Prices written by Anthony L. Bennett (Jr.) and published by . This book was released on 2001 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Contribution of Business Combinations

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Publisher : AJPO Journals USA LLC
ISBN 13 : 9914745210
Total Pages : 130 pages
Book Rating : 4.9/5 (147 download)

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Book Synopsis Contribution of Business Combinations by : Mrs. Gloria Mpayana Atete, Anne Lyse Mukabideri, John Kiarie, Adolphus J. Toby

Download or read book Contribution of Business Combinations written by Mrs. Gloria Mpayana Atete, Anne Lyse Mukabideri, John Kiarie, Adolphus J. Toby and published by AJPO Journals USA LLC. This book was released on 2023-06-30 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: TOPICS IN THE BOOK Investment Risk Management and Financial Performance of Rwanda Social Security Board (RSSB) The Contribution of the Horizontal Business Combination on the Financial Performance of I&M Bank Influence of Point-Based Program on Financial Performance of Selected Firms in the Service Industry in Kenya Effect of Non-Monetary Programs on Financial Performance of Selected Firms in the Service Industry in Kenya Volatility Modelling of Stock Returns in the Petroleum Marketing Sector of the Nigerian Stock Exchange

Effects of Bank Mergers and Acquisitions

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Publisher :
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.:/5 (753 download)

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Book Synopsis Effects of Bank Mergers and Acquisitions by : Robert N. Schoeplein

Download or read book Effects of Bank Mergers and Acquisitions written by Robert N. Schoeplein and published by . This book was released on 1984 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Bank Mergers and Acquisitions in the Asia-Pacific Region

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Publisher : Corporate Finance and Governance
ISBN 13 : 9783631670545
Total Pages : 0 pages
Book Rating : 4.6/5 (75 download)

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Book Synopsis Bank Mergers and Acquisitions in the Asia-Pacific Region by : Sascha Kolaric

Download or read book Bank Mergers and Acquisitions in the Asia-Pacific Region written by Sascha Kolaric and published by Corporate Finance and Governance. This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a comprehensive analysis of the shareholder wealth effects of the financial sector consolidation in the Asia-Pacific region and its impact on the acquirer's cost of debt. The capital market reactions of the institutions directly involved in the M&A and their rivals are examined to evaluate the success of the consolidation process.

The Wealth Effect of Forced Bank Mergers and Cronyism

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis The Wealth Effect of Forced Bank Mergers and Cronyism by : Beng Soon Chong

Download or read book The Wealth Effect of Forced Bank Mergers and Cronyism written by Beng Soon Chong and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This study examines the impact of forced bank mergers on the shareholders' wealth of Malaysian banks. Forced bank mergers, which are the result of direct government intervention in the consolidation of the banking industry, are generally rare. Unlike the findings on voluntary mergers and acquisitions, our study shows that the forced merger scheme destroys economic value in aggregate and the acquiring banks tend to gain at the expense of the target banks. Further analysis shows that the contrasting forced merger finding is linked to cronyism.

Effects of Bank Mergers and Acquisitions

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Publisher :
ISBN 13 :
Total Pages : 20 pages
Book Rating : 4.:/5 (116 download)

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Book Synopsis Effects of Bank Mergers and Acquisitions by : R. Funkhouser

Download or read book Effects of Bank Mergers and Acquisitions written by R. Funkhouser and published by . This book was released on 1984 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Bank Mergers & Acquisitions

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Publisher :
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.:/5 (299 download)

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Book Synopsis Bank Mergers & Acquisitions by : Shahid R. Merchant

Download or read book Bank Mergers & Acquisitions written by Shahid R. Merchant and published by . This book was released on 1999 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: