银行跨国并购影响因素研究——基于亚洲国家数据的分析

Study on Determinants in Cross-border M&A of Banks——Analysis Based on Data from Asian Countries

有关的实证研究显示,影响银行跨国并购的因素是复杂多样的。本文借助计量经济模型,以亚洲11个国家和地区为研究样本,通过四组变量假设,分析了上世纪90年代亚洲金融危机以来在该地区发生的银行跨国并购活动。研究表明,传统的"引力模型"对亚洲范围内银行跨国并购的解释力有限,银行跨国并购活动是多因素作用的结果。

Some empirical research showed that it＇s complex for the determinant in cross-border M＆A of banks. In this paper, we take empirical analysis, by economic model, to research the activities of banking cross-border M＆A that take place after the Asian Financial Crisis. Our sample contains 11 countries and area from Asian and introduces four sets of variable hypothesis. Our study shows that the traditional ＂gravity model＂ has limited explanation for bank cross-border M＆A in Asian and cross-border M＆A in banks have many determinants.