haku: @author Berger, A. / yhteensä: 13
viite: 5 / 13
| Tekijä: | Berger, A. |
| Otsikko: | The effects of bank mergers and acquisitions on small business leading |
| Lehti: | Journal of Financial Economics
1998 : NOV, VOL. 50:2, p. 187-230 |
| Asiasana: | BANKING MERGERS SMALL BUSINESS |
| Kieli: | eng |
| Tiivistelmä: | The authors examine the effects of bank M&As on small business lending using data on over 6000 recent US bank M&As. The authors are the first to decompose the impulse of M&As into the static effects from simply melding the antecedent institutions and the dynamic effects associated with post M&A refocusing of the consolidated institution. The authors are also the first to estimate the dynamic reactions of other local banks. The static effects of consolidation reduce small business lending, but are mostly offset by the reactions of other banks. |
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