并购效率及其影响因素研究
发布时间:2018-10-24 21:29
【摘要】:针对近年国内银行的并购热,文章基于1996~2009年我国银行业国内和海外并购的案例研究银行并购后效率的变化及其影响因素。结果表明:我国银行的并购尤其是海外并购、市场主导型并购提高了主并方的效率,且效率的改进主要来自于技术进步;对我国银行并购后效率的影响较大的因素依次是:目标方成长性、交易主导类型、相对资产规模、地理集中度、相对盈利能力,而产品集中度、主并方经验类型、相对成本利润率对并购效率的影响不显著。
[Abstract]:In view of the hot merger and acquisition of domestic banks in recent years, this paper studies the changes of bank efficiency and its influencing factors based on the cases of domestic and overseas mergers and acquisitions in China's banking sector from 1996 to 2009. The results show that: M & A of Chinese banks, especially overseas M & A, market oriented M & A improves the efficiency of main-merger, and the improvement of efficiency comes mainly from technological progress; The factors that have great influence on the efficiency of bank merger and acquisition in China are: the growth of the target party, the dominant type of transaction, the relative asset scale, the geographical concentration, the relative profitability, the product concentration, the experience of the main and the same party. The effect of relative cost margin on M & A efficiency is not significant.
【作者单位】: 山东大学管理学院;
【基金】:第二批中国博士后科学基金特别资助项目(200902572) 第四十二批中国博士后科学基金面上资助项目(20070420210) 山东大学管理学院青年博士科研项目
【分类号】:F271;F832.3
[Abstract]:In view of the hot merger and acquisition of domestic banks in recent years, this paper studies the changes of bank efficiency and its influencing factors based on the cases of domestic and overseas mergers and acquisitions in China's banking sector from 1996 to 2009. The results show that: M & A of Chinese banks, especially overseas M & A, market oriented M & A improves the efficiency of main-merger, and the improvement of efficiency comes mainly from technological progress; The factors that have great influence on the efficiency of bank merger and acquisition in China are: the growth of the target party, the dominant type of transaction, the relative asset scale, the geographical concentration, the relative profitability, the product concentration, the experience of the main and the same party. The effect of relative cost margin on M & A efficiency is not significant.
【作者单位】: 山东大学管理学院;
【基金】:第二批中国博士后科学基金特别资助项目(200902572) 第四十二批中国博士后科学基金面上资助项目(20070420210) 山东大学管理学院青年博士科研项目
【分类号】:F271;F832.3
【参考文献】
相关期刊论文 前3条
1 郭妍;;我国银行海外并购绩效及其影响因素的实证分析[J];财贸经济;2010年11期
2 郭Y,
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