Consolidation of the Polish banking sector: Consequences for the banking institutions and the public

Economic Systems

Volumn 28, Issue 2, 2004, Pages 125-140

  Havrylchyk, Olena ^a  

^a EUROPEAN UNIVERSITY VIADRINA   (Germany)

Author keywords

Banks; Efficiency; Mergers and acquisitions

Indexed keywords

EID: 4344678341     PISSN: 09393625     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.ecosys.2004.03.004     Document Type: Article

References (28)

1. Avkiran N.K. The evidence on efficiency gains: the role of mergers and the benefits to the public J. Banking Finance 23 1999 991-1013
2. Balcerowicz E. Bratkowski A. 2001. Restructuring and development of the banking sector in Poland. Lessons to be learnt by less advanced transition countries. Centre for Social and Economic Research Reports No. 44, Warsaw.
3. Beitel P. Schiereck D. 2001. Value creation at the ongoing consolidation of the European banking market. Institute for Mergers - Acquisitions Working Paper 5.
4. Beitel P. Schiereck D. 2003. Value creation at the ongoing consolidation of the European banking market. Schmalenbach Business Review, in press.
5. Beitel P. Schiereck D. Wahrenburg M. Explaining the M-A-success in European Bank Mergers and Acquisitions Eur. Financial Manag. 10 2004 109-140
6. Berg S.A. Forsund F.R. Hjalmarsson L. Suominen M.Banking efficiency in the Nordic countries J. Banking Finance 17 1993 371-388
7. Berger A.N. Demsetz R.S. Strahan P.E. The consolidation of the financial services industry: causes, consequences, and implications for the future J. Banking Finance 23 1999 135-194
8. Coelli T. 1996. A guide to DEAP Version 2.1: A data envelopment analysis (computer) program. CEPA Working Paper 96/08.
9. Campbell J.Y. Lo A.W. MacKinlay A.C. 1997. The econometrics of financial markets. Princeton University Press, Princeton.
10. Charnes A. Cooper W.W. Rhoads E. Measuring the efficiency of decision making units Eur. J. Operation Res. 2 1978 429-444
11. Chu S.F. Lim G.H. Share performance and profit efficiency of banks in an oligopolistic market: evidence from Singapore J. Multinat. Financial Manag. 8 1998 155-168
12. Cuesta R.A. Orea L. Mergers and technical efficiency in Spanish savings banks: a stochastic distance function approach J. Banking Finance 26 2002 2231-2247
13. Cybo-Ottone A. Murgia M. Mergers and shareholder wealth in European banking J. Banking Finance 24 2000 831-859
14. European Central Bank, 2000. Mergers and acquisitions involving the EU banking industry-facts and implications, ECB, Frankfurt.
15. Gilbert R.A. Wilson P.W. Effects of deregulation on the productivity of Korean banks J. Econ. Bus. 50 1998 133-155
16. Grigorian D.A. Manole V. 2002. Determinants of commercial bank performance in transition: an application of data envelopment analysis. IMF Working Paper No. 02/146.
17. International Monetary Fund, 2001. Republic of Poland: financial system stability assessment. IMF Country Report No. 01/67.
18. Isik I. Hassan M.K. Technical, scale and allocative efficiencies of Turkish banking industry J. Banking Finance 26 2002 719-766
19. Kokoszczynski R. Structural changes in the Polish banking industry-three dimensions of consolidation in a emerging economy BIS Papers No 4 2001 118-122
20. Kraft E. Tirtiroglu D. Bank efficiency in Croatia: a stochastic-frontier analysis J. Comp. Econ. 26 1998 282-300
21. National Bank of Poland, 1998, 1999, 2000, 2001. Summary evaluation of the financial situation of Polish banks, NBP, Warsaw.
22. Rezvanian R. Mehdian S. An examination of cost structure and production performance of commercial banks in Singapore J. Banking Finance 26 2002 79-98
23. Rhoades S.A. The efficiency effects of bank mergers: an overview of case studies of nine mergers J. Banking Finance 22 1998 273-291
24. Sathye M. X-efficiency in Australian banking: an empirical investigation J. Banking Finance 25 2001 613-630
25. Sealey C.W. Lindley J.T. Inputs, outputs, and a theory of production and cost at depository financial institutions J. Finance 32 1977 1251-1265
26. Thanassoulis E. 2001. Introduction to the Theory and Application of Data Envelopment Analysis. Kluwer Academic Publishers, Boston.
27. Vennet R.V. The effect of mergers and acquisitions on the efficiency and profitability of EC credit institutions J. Banking Finance 20 1996 1531-1558
28. Wagner N. Iakova D. 2001. Financial sector development in the Central European economies: challenges in supporting macroeconomic stability and sustainable growth. IMF Working Paper No. 141.