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2015 | 3 | nr 2 Logistics Management | 105--115
Tytuł artykułu

A M&A Process Perspective in the Banking Sector

Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
The banking sector turmoil has produced important structural changes, and generated significant opportunities for banking institutions to initiate mergers and acquisitions. Notwithstanding, many of them fail to anticipate strategic aspects that could affect the outcomes of such transactions. This is a well-established fact, but the main reasons for it are less comprehensible. M&As within the banking sector are not a completely new phenomenon but the new wave of M&As in this sector has brought a lot of attention to these deals. For example, in 2014, CIT Group Inc's acquisition of OneWest's ($21.8 billion in assets), and BB&T Corp's acquisition of Susquehanna Bancshares Inc's ($18.6 billion in assets). This paper contributes to the management literature by analyzing the motives behind cross-border mergers and acquisitions (M&As) for international banks in order to get an understanding of why they find it necessary to merge and/or take over other banks and the key reasons whereby banks' M&As can go wrong. (original abstract)
Rocznik
Tom
3
Strony
105--115
Opis fizyczny
Twórcy
autor
  • Alexandru Ioan Cuza University of Iași, România
  • Alexandru Ioan Cuza University of Iași, România
Bibliografia
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  • 4. Fiordelisi, F. (2009), Mergers and acquisitions in European banking. Palgrave Macmillan, UK.
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  • 7. He, Y. (2009), Post-acquisition management in China. Chandos Publishing, Cambridge, UK.
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  • 12. Konstantopoulos, N, Sakas, D.P., Triantafyllopoulos, Y. (2009), The strategy of stakeholder briefing during merger negotiation in the bank market. Journal of Management Development, Vol. 28, pp. 622-632.
  • 13. Marks, M.L., Mirvis, P.H. (2011), Merge ahead. A research agenda to increase merger and acquisition success. Journal of Business Psychology, Vol. 26, pp. 161-168.
  • 14. Meglio, O. (2010), Measuring performance in technology-driven M&As: Insights from a literature review. Advances in Mergers and Acquisitions. Vol. 8, pp. 103-118.
  • 15. Mirc, N. (2012), Connecting the micro- and macro-level: Proposition of a research design to study post-acquisition synergies through a social network approach. Scandinavian Journal of Management, Vol. 28, pp. 121-135.
  • 16. Proft, C. (2014), The speed of human and task integration in mergers and acquisitions. Human integration as basis for task integration. Springer Fachmedien, Wiesbaden.
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  • 18. Royer, D. (2013), Enterprise identity management towards an investment decision support approach. Springer-Verlag, Berlin, Germany.
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  • 21 Trompenaars, F., Asser, M.N. (2010), The global M and A tango: Cross-cultural dimensions of mergers and acquisitions. McGraw-Hill, New York, NY.
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  • 26. Xing, Y., Liu, Y., Tarba, S.Y., Cooper, C.L. (2014), Intercultural influences on managing African employees of Chinese firms in Africa: Chinese managers HRM practices, International Business Review, available at: http://dx.doi.org/10.1016/j.ibusrev.2014.05.003 (accessed 21 June 2015).
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Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
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