English, Article edition: The Second Financial Reform and the Development of Financial Industry in Taiwan Wei-Hsiung Wu

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/132417
Physical Description
  • article
Language
  • English

Edition details

Title
  • The Second Financial Reform and the Development of Financial Industry in Taiwan
Author
  • Wei-Hsiung Wu
Physical Description
  • article
Notes
  • All 11 cases of listed banks in Taiwan involved in merger and acquisition during 2000â2006 are examined. In this paper, the cumulative abnormal returns of acquiring banks two days after merger announcement are found to be negative, although target banks' shareholders enjoy higher abnormal returns. For acquiring banks, the post-merger cost efficiencies are not improved. State-owned banks are more efficient and profitable. Operating restrictions on banks and the recession during sample period are the major reasons. It is also suggested that several state-owned banks should be preserved as a means of improving social welfare.
  • Second financial reform, distribution free approach, X-efficiencies, mergers and acquisitions
  • RePEc:wsi:rpbfmp:v:11:y:2008:i:01:p:75-97
Language
  • English
Contributed by
OAIster

Get this edition

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment