search query: @author Wright, A. / total: 24
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| Author: | Ralston, D. Wright, A. Garden, K. |
| Title: | Can mergers ensure the survival of credit unions in the third millennium? |
| Journal: | Journal of Banking and Finance
2001 : DEC, VOL. 25:12, p. 2277-2304 |
| Index terms: | EFFECTIVENESS MERGERS CREDIT CREDIT UNIONS |
| Language: | eng |
| Abstract: | The survival of small financial institutions in the third millennium depends on their competitiveness against large bank rivals. Accordingly, credit unions in Australia and the United States have attempted to increase efficiency through mergers. The authors' paper uses the data envelopment analysis methodology to evaluate the post-merger gains in technical and scale efficiency achieved by 31 Australian credit union mergers in 1993/1994 and 1994/1995, relative to non-merging credit unions. When compared with the only US study of credit union mergers, the authors' findings suggests that mergers are not associated with improvements in efficiency superior to those achieved by internal growth. |
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