Click HERE for a sample entrepreneurship paper

NOTE: Since 2009 the title of the International Journal of Entrepreneurship Education (IJEE) has been changed to the title above.  ISSN numbers: IJEE 1649-2269 and IRE 2009-2822

• IRE Aims & Scope
• Editorial + Biographies
• IRE News + Latest Papers
• Submissions + Notes for Authors
• Subscribe/Purchase + Prices

Publications & Abstracts below

In the ABS journals rankings published by the Chartered Association of Business Schools and also listed by Cabells, EBSCO, ARC, Cranfield, and Thomson-Reuters’ Web of Science ESCI citations index

ISSN Number: 2009-2822. Frequency: 4 Issues per year (online only)  

#1550 - Mergers Between Savings Banks. The Solution for Improving Risk in the Spanish Banking Sector?

IRE Vol 15: Issue 1, 2017 , Pages 63-84

Author(s): Vicente Pina, Lourdes Torres, Patricia Bachiller (University of Zaragoza, Spain)

Abstract:
The objective of this paper is to study the changes in the performance of savings banks and the factors that influence the risk of these entities. The paper presents empirical evidence about the effect of mergers of savings banks, not only on performance but also on risk in the Spanish banking sector. First, in order to study the effectiveness of mergers we compare the economic-financial characteristics of savings banks before and after merging by carrying out the Mann-Whitney and Wilcoxon two-sample paired signed rank tests. Second, we carry out a multivariate regression to study risk determinants. Our findings indicate that the performance of savings banks has not improved from 2009 to 2012. Moreover, the size of the merged entity is directly related to the risk of the resulting entity, which denotes that mergers are not effective in obtaining a less risky banking sector.

Keywords: savings banks, risk, performance, mergers, Spain

JEL: G.21, G.34, G.32

Purchase this Article

To purchase this article click the Add To Order button below. The paper will be delivered electronically as a watermarked PDF file with a licence to make the number of copies ordered. Delivery of the article to your email address will normally be within 24 hours of placing the order online. If you would prefer to post or fax your order then please CLICK HERE for a printable order form. If you experience any difficulties please email us at: orders@senatehall.com

If you wish to take out a yearly subscription to this journal CLICK HERE for prices and to order