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(Article of periodic en Anglais - 2014)

Document title

Why do acquiring banks in mergers concentrate in well-developed areas? regional development and Mergers and Acquisitions (M&As) in banking

Authors(s) and Affiliation(s)

COLOMBO L.V.A. (1) ; TURATI G. (2) ;
(1) Universita Cattolica, Milano, ITALIE
(2) Dept. of Economics and Public Finance G. Prato, Univ., Turin, ITALIE

Abstract

A strong direct effect of regional economic and social characteristics on the concentration of the banking industry in Italy is found, as well as on the agglomeration of acquiring banks in well-developed regions. This effect survives to a number of robustness checks, including controls for banks’ profitability and efficiency, and for their institutional characteristics, indicated by the banking literature as the key factors driving concentration in banking. Possible theoretical explanations supporting the empirical findings are also investigated, and their policy implications are discussed

Source

Article of periodic

published at : Regional studies / ISSN 0034-3404

Editor : Cambridge University Press, Cambridge - ROYAUME-UNI (1967)

Millesime : 2014, vol. 48, no2 [pp. 368-381]

Bibliographic references : 2 p.

Collation : 2 fig. 7 tabl.

Language

Anglais

Digital Object Identifier

Go to electronic document thanks to its DOI : doi:10.1080/00343404.2011.653337

Tous droits réservés © Prodig - Bibliographie Géographique Internationale (BGI), 2014
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