Publication:
The Impact of M&As on the Romanian Banking System – an Event Study Approach

cris.sourceIdoai:irek.ase.md:1234567890/1180
dc.creatorBrodocianu, Mihaela
dc.creatorCazan, Sabina Andreea
dc.date2021-02-25T11:49:47Z
dc.date2021-02-25T11:49:47Z
dc.date2016-12
dc.date.accessioned2023-11-13T10:21:16Z
dc.date.available2023-11-13T10:21:16Z
dc.descriptionBRODOCIANU, Mihaela, CAZAN, Sabina Andreea. The Impact of M&As on the Romanian Banking System – an Event Study Approach. Eastern European Journal of Regional Studies. December 2016, vol. 2, issue 2, pp. 56-65. ISSN 2537-6179; E-ISSN 1857-436X.
dc.descriptionThe study aims to identify the relationship between the merger announcement, the stock prices and the market efficiency. Given the limited data, the analysis has been applied to only one financial institution which merged recently, Banca Transilvania. The results have shown that in the window period, abnormal returns have been identified as the news of the mergers was linked to the press. It can be concluded that the market reaction was positive not till after the official announcement was made. Overall, the acquisitions can be considered as a value added determinant, creating wealth.
dc.formatapplication/pdf
dc.identifier2537-6179; 1857-436X
dc.identifierhttp://irek.ase.md:80/xmlui/handle/1234567890/1180
dc.identifier.urihttps://cris.ase.md/handle/123456789/3241
dc.languageen
dc.publisherASEM
dc.subjectbank mergers
dc.subjectevent study analysis
dc.subjectmarket efficiency
dc.subjectstock prices
dc.titleThe Impact of M&As on the Romanian Banking System – an Event Study Approach
dc.typeArticle
dspace.entity.typePublication
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