This paper provides a review of the recent financial institution mergers and acquisition
(M&A) literature covering over 150 studies. Several robust themes emerge in the post-2000 …

The growing application of bibliometric reviews in Finance, as well as the ongoing
consolidation processes across firms and countries, motivated this study on mergers and …

We study the effects of regulatory interventions and capital support (bailouts) on banks'
liquidity creation. We rely on instrumental variables to deal with possible endogeneity …

The quiet life hypothesis posits that firms with market power incur inefficiencies rather than
reap monopolistic rents. We propose a simple adjustment to Lerner indices to account for …

We use a structural econometric model to provide empirical evidence that safety nets in the
banking industry lead to additional risk taking. To identify the moral hazard effect of bailout …

This paper investigates cost, technical and allocative efficiencies for Brazilian banks in the
recent period (2000–2007). We use Data Envelopment Analysis (DEA) to compute efficiency …

This second edition of The Industrial Organization explores the study of the structure of
individual banks, banking markets, and their interactions. The book has the same two key …

The global financial crisis has highlighted the importance of early identification of weak
banks: when problems are identified late, solutions are much more costly. Until recently …

The financial crisis has affected the landscape of the banking sector around the world. We
use a sample of transactions carried out by European acquirers in 2007–2010 to study the …

This paper analyzes the determinants of bank acquisitions both within and across countries
in the EU-25 over the period 1997–2004. Our results suggest poorly managed banks (high …