haku: @author Wilson, P. / yhteensä: 13
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| Tekijä: | WHeelock, D. Wilson, P. |
| Otsikko: | Why do banks disappear? The determinants of US bank failures and acquisitions |
| Lehti: | Review of Economics and Statistics
2000 : FEB, VOL. 82:1, p. 127-138 |
| Asiasana: | ECONOMICS MERGERS USA |
| Kieli: | eng |
| Tiivistelmä: | This paper seeks to identify the characteristics that make individual US banks more likely to fail or be acquired. The authors use bank-specific information to estimate competing-risks hazard models with time-varying covariates. They also use alternative measures of productive efficiency to proxy management quality, and find that inefficiency increases the risk of failure while reducing the probability of a bank's being acquired. |
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