haku: @journal_id 1385 / yhteensä: 458
viite: 10 / 458
| Tekijä: | Amel, D. (et al.) |
| Otsikko: | Consolidation and efficiency in the financial sector: A review of the international evidence |
| Lehti: | Journal of Banking and Finance
2004 : OCT, VOL. 28:10, p. 2493-2519 |
| Asiasana: | Banking Mergers Consolidation Efficiency International |
| Kieli: | eng |
| Tiivistelmä: | The financial industry (hereafter as: f-indy.) is undergoing an unprecedented wave of consolidation due to fundamental changes in regulation and technology. This paper reviews critically works covering the main sectors of the f-indy. in the major industrialized countries over the last 20 yrs., searching for common patterns transcending national and sectoral peculiarities. It is found that consolidation in the f-indy. is beneficial up to a relatively small size, but there is little evidence that mergers yield economies of scope or gains in managerial efficiency. |
SCIMA