| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5089460 | Journal of Banking & Finance | 2013 | 11 Pages |
Abstract
⺠The degree of operating efficiency gains of potential M&As is modeled. ⺠We use a bootstrap DEA procedure to calculate potential scale efficiency gains. ⺠We apply our procedure to the Greek banking sector for the period 2007-2011. ⺠The Greek fiscal crisis eliminates any potential operating efficiency gains. ⺠An M&A between efficient banks does not ensure an efficient bank M&A.
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Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
George E. Halkos, Nickolaos G. Tzeremes,