Mergers and Acquisitions of Financial Institutions: A Review of the Post-2000 Literature

By Robert DeYoung, Douglas D. Evanoff, Phil Molyneux. 2009

400 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/2ff4c1b80aaefd63b62728816132913c842ed3f8

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Citations in the corpus

Credit Unions: A Theoretical and Empirical Overview (2011, neutral): “This suggests that the hubris and agency motives for merger may be relevant; or that synergy derives more from enhanced market power than from cost savings (DeYoung et al., 2009).”
Bank Market Power, Economic Growth and Financial Stability: Evidence from Asian Banks (2011, background): “Third, we also consider the influence of macroeconomic performance 2 DeYoung et al (2009) provide a comprehensive discussion on the link between consolidation and market power in banking.”
Bank competition, crisis and risk taking: Evidence from emerging markets in Asia (2013, positive): “This is because bank consolidations are likely to enhance market power and improve efficiency rather than increasing market concentration per se (DeYoung et al., 2009).”
Small Banks and Local Economic Development (2015, background): “Driven by market power (Claessens and Laeven, 2004, 2005; Carbó-Valverde et al., 2009; Koetter et al., 2012), scale economy (Berger, 1995; DeYoung et al., 2009; DeYoung, 2012; Wheelock and Wilson, 2012) and too-big-to-fail motives (Mishkin, 2006; Kane, 2000; Stolz and Wedow, 2010; Laeven and…”
How Much Did Banks Pay to Become Too-Big-To-Fail and to Become Systemically Important? (2009, neutral): “The different dates are meant to capture the 8 For a comprehensive literature on bank mergers, see DeYoung et al. (2009).”
Foreign bank diversification and efficiency prior to and during the financial crisis: Does one business model fit all? (2015, background): “There is extensive literature on the efficiency gains from European and U.S. bank deals (for an overview, see DeYoung et al., 2009).”
CEO pay incentives and risk-taking: Evidence from bank acquisitions (2011, background): “DeYoung et al. (2010) suggest that banks in strong economic environments are more likely to implement risk-increasing investment choices.”