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银行并购理论评述 被引量:2

A Comment on the Theory of Bank Merging
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摘要 传统的银行并购理论认为银行业通过合并 ,可以缩减产品开发及营运开支 ,提高市场力 ,减小收益波动 ,获得规模经济和范围经济 ,从而增加收益 ,提高经营绩效。但学术界对银行并购的大多数实证研究结果却并不支持这一传统理论。为了对近 2 0年来的大规模银行并购浪潮进行解释 ,经济学家们从不同的角度提出了新的银行并购理论 。
作者 孙奉军
机构地区 上海财经大学
出处 《山东经济》 2001年第5期35-37,共3页 Shandong Economy
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参考文献11

  • 1Y.Amihud and G.Miller,“Bank Mergers & Acquisitions”,Kluwer Publishers, 1998.
  • 2Linder, Jane C. and Dwight B. Crane, Bank Mergers: “Intergration and Profitability”, Journal of Financial Services Research, January 1993.
  • 3Spindt, Paul A. and Vefa Tarhan, “The Impact of Mergers on Bank Operating Performance”, Working Paper, Tulane University, 1993.
  • 4Zhang, Hao, “Wealth Effects of U. S. Bank Takeovers”,Applied Financial Economics, October 1995.
  • 5Cornett, Marcia Millon and Hassan Tehranian, “Changes in Corporate Performance Associated with Bank Acquisitions”, Journal of Financial Economics 31(2):211-34, April 1992.
  • 6Pillof, Steven J,“Performance Changes and Shareholder Wealth Creation Associted with Mergers of Publicly Traded Banking Institutions”, Journal of Money, Credit and Banking 28:294-310,1996.
  • 7Akhavein, J., a. Berger and. Humphrey, “The effects of Megamergers on Efficiency and Price: Evidence from a Bank Profit Function”, Review of Industrial Organization 12, forthcoming,1997.
  • 8Berger A., D. Hancock, and D. Humphrey, “Bank Efficiency Derived from the Profit Function”, Journal of Banking and finance 17(2-3):317-47,April 1993.
  • 9Berger A., and D. Humphrey, “Bank Scale Economies,Mergers, Concentration and Efficiency: The U. S. Experience,” Working Paper 94-25, Wharton Financial Institutions Center, University of Pennsylvania, 1994.
  • 10Berger A.,and D. Humphrey,“The Dominance of Inefficiencies over Scale and Product Mix Economies in Bankirg,” Journal of Monetary Economics 28(1): 117-48, August 1991.

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