Το έργο με τίτλο Regulations, supervision approaches and acquisition likelihood in the Asian banking industry από τον/τους δημιουργό/ούς Pasiouras Fotios, Gaganis, Chrysovalantis, Zopounidis Konstantinos διατίθεται με την άδεια Creative Commons Αναφορά Δημιουργού 4.0 Διεθνές
Βιβλιογραφική Αναφορά
F. Pasiouras, C. Gaganis, and C. Zopounidis, "Regulations, supervision approaches and acquisition likelihood in the Asian banking industry", Asia Pacific Financ. Mark., vol. 15, no. 2, pp. 135-154, Jun. 2008. doi:10.1007/s10690-008-9075-z
https://doi.org/10.1007/s10690-008-9075-z
We investigate the association between the regulatory and supervision framework and the likelihood of being involved in acquisitions either as acquirer or target in the Asian banking industry over the period 1998–2004. The sample consists of 473 commercial banks operating in 9 markets, a total of 2,693 yearly observations. We use information from the new database of the World Bank and examine various regulations such as the level of accounting and information disclosure requirements, the restrictions on bank activities, the degree of official disciplinary power, and capital adequacy requirements. Our results suggest that the latter two influenced the probability of becoming a target or acquirer; however, restriction on activities and disclosure requirements had no impact on the acquisition likelihood.