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|c 5.00 USD
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|z 9781451856927
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a International Monetary Fund.
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|a Bank Consolidation and Performance :
|b The Argentine Experience.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2004.
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|a 1 online resource (32 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a We examine a large panel of more than 100 banks from Argentina to study the effects of bank consolidation on performance between December 1995 and December 2000, a period of heavy bank consolidation and relative calm. Overall, we find a positive and significant effect of bank consolidation on bank performance. Bank returns increase with consolidation, and insolvency risk is reduced. Additionally, the study suggests that mergers and privatizations have a beneficial effect on bank returns. The effects of a bank acquisition on return on equity is, however, negative. Acquisitions do not seem to have any effect on risk-adjusted returns. The study also finds that a bank's insolvency risk is reduced significantly through mergers and privatization and is unrelated to bank acquisitions.
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|a Mode of access: Internet
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|a IMF Working Papers; Working Paper ;
|v No. 2004/149
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2004/149/001.2004.issue-149-en.xml
|z IMF e-Library
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