2013
Restructuring of the Czech Banking Sector – Influence of Mergers on Selected Financial Indicators
SEDLÁČEK, Jaroslav; Petr VALOUCH; Zuzana KŘÍŽOVÁ; Eva HÝBLOVÁ; Alois KONEČNÝ et al.Základní údaje
Originální název
Restructuring of the Czech Banking Sector – Influence of Mergers on Selected Financial Indicators
Autoři
Vydání
1. vyd. Brno, Proceedings of the In the International Conference on European Financial Systems 2013. Brno: MU ESF, 2013, od s. 292-298, 7 s. 2013
Nakladatel
Masaryk University, Faculty of Economics and Administration
Další údaje
Jazyk
angličtina
Typ výsledku
Stať ve sborníku
Obor
50200 5.2 Economics and Business
Stát vydavatele
Česká republika
Utajení
není předmětem státního či obchodního tajemství
Forma vydání
tištěná verze "print"
Odkazy
Označené pro přenos do RIV
Ano
Kód RIV
RIV/00216224:14560/13:00066272
Organizační jednotka
Ekonomicko-správní fakulta
ISBN
978-80-210-6294-8
UT WoS
Klíčová slova anglicky
banking sector; restructuring; mergers and acquisition; regression and correlation analyses;
Příznaky
Mezinárodní význam, Recenzováno
Změněno: 25. 4. 2014 12:16, Mgr. Daniela Marcollová
Anotace
V originále
Transformation of the Czech banking sector to market conditions was finished by a privatization of large banks in years 1998–2001. Banks with problems stopped their activities and new banks quickly adapted to the new conditions. The banking sector stabilized and a gradual restructuring of the sector followed, adequate to the needs of the developing economy. A typical feature of the restructuring was the increasing share of foreign companies in the Czech banking market by means of acquisitions and mergers. The structural changes were manifested not only in the fast growth of the group of foreign bank branches, but also in connections of banks into larger units as well as transformations of subsidiaries into branches and organization components of foreign banks. Besides financial stability, restructuring should bring economic benefits to owners. To prove a positive effect of mergers, we analysed the development of selected economic indicators in the period before and after the changes in the Czech banking sector in 2003–2012. The regression models of indicator development curves of merging banks were compared with the values reported by the entire banking sector. The results of the regression analysis show a positive effect of mergers on the financial stability of the transformed banks in two years after the merger as well as the value created for the owners.
Návaznosti
| GAP403/11/0447, projekt VaV |
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