Pre-evaluating technical efficiency gains from possible mergers and acquisitions: evidence from Japanese regional banks

Halkos, George E. and Matousek, Roman and Tzeremes, Nickolaos G. (2014) Pre-evaluating technical efficiency gains from possible mergers and acquisitions: evidence from Japanese regional banks. Review of Quantitative Finance and Accounting, 46 (1). pp. 47-77. ISSN 0924-865X. (doi:https://doi.org/10.1007/s11156-014-0461-5) (The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided)

The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided. (Contact us about this Publication)
Official URL
http://doi.org/10.1007/s11156-014-0461-5

Abstract

This study focuses on bank mergers and acquisitions (M&As) and applies a DEA based procedure that allows us to pre-evaluate technical efficiency gains from possible M&As in the Japanese regional banking sector. This approach provides a strategic tool for policy-makers to pre-evaluate possible M&As decisions based on performance criteria that are measured in terms of technical efficiency gains. The results clearly show that possible M&As formed by the smaller banks performed better compared with the possible M&As formed by the larger banks. Moreover, our findings imply that small regional banks will have possible efficiency gains when they merge with neighboring banks, whereas larger banks appear to have efficiency gains from merging with distant banks.

Item Type: Article
Uncontrolled keywords: Banks efficiency Data Envelopment Analysis, Japan Mergers and acquisitions
Subjects: H Social Sciences > HG Finance
Divisions: Faculties > Social Sciences > Kent Business School
Depositing User: Roman Matousek
Date Deposited: 23 Jun 2016 21:12 UTC
Last Modified: 24 Jun 2016 10:17 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/55859 (The current URI for this page, for reference purposes)
  • Depositors only (login required):